OEM : Aerospace
Honeywell International Inc. is an American publicly traded, multinational conglomerate corporation headquartered in Charlotte, North Carolina. It primarily operates in four areas of business: aerospace, building technologies, performance materials and technologies, and safety and productivity solutions.
🏢 Honeywell And Arcadis Join Forces To Help Commercial Building Owners Accelerate Their Efforts To Reduce Energy And Carbon Impact
Honeywell (NASDAQ HON) and Arcadis (EURONEXT ARCAD) have today announced a collaboration to provide tools and services that help optimize energy use and carbon emissions in commercial buildings worldwide. With an initial focus on five projects in various locations worldwide, the companies will jointly offer a range of end-to-end solutions to help clients and customers expedite progress toward their carbon-reduction goals.
For Arcadis and Honeywell, this relationship strengthens the efforts that both organizations are making to help clients that are committed to improving outcomes related to ESG. The relationship is not exclusive, and both companies expect to add additional collaborations to enhance their offerings in this space.
Redaptive Closes Next Phase of Series E Funding Round with Further Investment from Linse Capital
Redaptive, a leading provider of Energy-as-a-Service solutions, today announced an additional investment in its series E funding round from long-term investor Linse Capital. This funding represents another significant step towards expanding Redaptive’s offerings and supporting more customers.
This latest investment follows recent contributions to the round made by Canada Pension Plan Investment Board (CPP Investments), Honeywell, CBRE, and others - bringing the total amount raised for this round to approximately $250 million. With this, Redaptive will continue to support enterprise customers with data-driven energy generation and efficiency programs including HVAC, LED lighting, solar, EV, as well as Data Solutions, and other utility upgrades that can be deployed at large sites or across distributed real estate portfolios.
Honeywell to Acquire Compress Controls Corporation, Driving the Energy Transition Through Leading Automation and Control Portfolio
Honeywell (Nasdaq: HON) today announced it has agreed to acquire Compressor Controls Corporation (CCC) from INDICOR, LLC, which is owned by funds affiliated with private equity firm Clayton, Dubilier & Rice, LLC and Roper Technologies, Inc., for $670 million, which represents ~15x 2023E EBITDA on a tax adjusted basis, in an all-cash transaction. CCC is a leading provider of turbomachinery control and optimization solutions, including control hardware, software and services, and primarily serves the LNG, gas processing, refining and petrochemical segments.
Databricks Announces Lakehouse for Manufacturing, Empowering the World's Leading Manufacturers to Realize the Full Value of Their Data
Databricks, the lakehouse company, today announced the Databricks Lakehouse for Manufacturing, the first open, enterprise-scale lakehouse platform tailored to manufacturers that unifies data and AI and delivers record-breaking performance for any analytics use case. The sheer volume of tools, systems and architectures required to run a modern manufacturing environment makes secure data sharing and collaboration a challenge at scale, with over 70 percent of data projects stalling at the proof of concept (PoC) stage. Available today, Databricks’ Lakehouse for Manufacturing breaks down these silos and is uniquely designed for manufacturers to access all of their data and make decisions in real-time. Databricks’ Lakehouse for Manufacturing has been adopted by industry-leading organizations like DuPont, Honeywell, Rolls-Royce, Shell and Tata Steel.
The Lakehouse for Manufacturing includes access to packaged use case accelerators that are designed to jumpstart the analytics process and offer a blueprint to help organizations tackle critical, high-value industry challenges.
How Honeywell Achieved 7X Faster Lead Times for a Critical Component
Cybersecurity Leaders Launch Operational Technology Cybersecurity Coalition
Today, a diverse group of cybersecurity leaders joined together to launch the Operational Technology Cybersecurity Coalition. Founding members include Claroty, Forescout, Honeywell, Nozomi Networks, and Tenable, each with decades of experience in building, protecting, and defending our nation’s industrial control systems and critical infrastructure assets.
The OT Cyber Coalition advocates for vendor-neutral, interoperable, and standards-based cybersecurity solutions and works collaboratively with industry and government stakeholders on how to best deploy data-sharing solutions that enhance our country’s collective defense. Its efforts support the notion that competitive solutions promote innovation and strengthen our national security.
How Honeywell's CEO is turning the legacy manufacturer into a SaaS player
Cumulatively, it marked a significant step forward in Adamczyk’s vision to turn Honeywell from a legacy industrial manufacturer into a top software provider for sectors like real estate, life sciences and aviation.
“The one common fiber across all our businesses is we are a controls company,” he told Protocol at an event on Tuesday. “When you’re a controls company, you’re connected to everything, you’re connected to all the systems in that building, in that aircraft. We use that data to drive controls, but we could use that data to drive energy savings, to drive efficiency.”
Introducing Microsoft Cloud for Manufacturing
What makes the Microsoft Cloud for Manufacturing unique is our commitment to industry-specific standards and communities, such as the Open Manufacturing Platform, the OPC Foundation, and the Digital Twins Consortium, as well as the co-innovation with our rich ecosystem of partners.