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honeywell

Honeywell launches industrial internet of things service to ‘improve plant performance’

September 22, 2016 by David Edwards

honeywell-uop-iiot-cloud-infographic

 

Honeywell says its new cloud-based IIoT service helps increase plant utilization and performance and avoid production interruptions

Honeywell UOP has launched a new software-based service designed to allow refiners and petrochemical and gas processing plants to improve performance. 

Honeywell UOP’s new Connected Performance Services (CPS) business leverages the Industrial Internet of Things to tap Honeywell’s deep process knowledge, design expertise, and understanding of catalysis with next-generation software platforms from Honeywell Process Solutions, the leading provider of software-based solutions for the process industries.

Zak Alzein, vice president for CPS, says: “This cloud-enabled service makes plants smarter and more responsive.

“Problems that caused plants to be less efficient or less productive and that went undetected for weeks or months now can be resolved quickly and proactively, and decisions that used to take days now can be made in hours. For many plants, the avoidance of downtime and suboptimal performance, and better agility, can be worth millions of dollars per year.”  [Read more…] about Honeywell launches industrial internet of things service to ‘improve plant performance’

Filed Under: Industry, News Tagged With: cloud-based, cps, data, honeywell, iiot, process, uop

Manufacturers rely on big data to navigate tough business conditions, says Honeywell

September 18, 2016 by David Edwards

Andrew Hird, vice president and general manager, HPS Digital Transformation

Survey of 200 executives indicates most manufacturers plan to increase investments in data analytics over next year – even while delaying other technology investments

A recent survey of manufacturing executives indicates many respondents (67 percent) are pressing ahead with plans to invest in data analytics even as they pare back spending in other areas to combat tough business conditions.

The reason: Many say they view data analytics – a key component of the Industrial Internet of Things (IIoT) – as a viable solution to a cycle of problems that lead to downtime and lost revenue.

More than 200 North American manufacturing executives took part in the survey titled Data’s Big Impact on Manufacturing: A Study of Executive Opinions. The survey was jointly conducted by Honeywell Process Solutions (HPS) and KRC Research, from May 23 to June 8, 2016.  [Read more…] about Manufacturers rely on big data to navigate tough business conditions, says Honeywell

Filed Under: Industry, Manufacturing, News Tagged With: analytics, data, downtime, honeywell, iiot, premium content

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