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Industry Summary Articles

Wednesday, October 26, 2016

Honeywell and Flowserve Collaborate On Industrial Internet Of Things (IIoT) Solutions

Honeywell and Flowserve today announced they will collaborate to provide Industrial Internet of Things (IIoT) solutions to help industrial customers make their operations, safer, more efficient and more reliable. The collaboration will be part of the Honeywell INspireTM program, Honeywell's joint customer development program for its IIoT ecosystem.

"The key to an effective IIoT ecosystem is to have three things," said Andrew Hird, vice president and general manager of Honeywell Process Solutions' Digital Transformation business. "First, you need to have secure access to the data being collected; secondly the capability to analyze that data; and finally, you need domain knowledge to understand how to deploy information to benefit the operation. Flowserve's domain expertise in flow control solutions that include pumps, valves, seals and services is unmatched globally, which makes the Honeywell-Flowserve IIoT ecosystem unique for our customers."

Honeywell and Flowserve have a long history of collaboration. HPS' automation and controls technologies help automate and harness data at more than 10,000 manufacturing sites around the world. Flowserve instrumentation and services are co-located at many of those sites.

"We see this collaboration between Honeywell and Flowserve as beneficial to continuously improving how we serve our customers with the latest technology advanced software and analytics, and reliable services capabilities. Honeywell provides key infrastructure to collect and securely move data, while we embed decades of domain knowledge into predictive analytics for more business value, faster," said Eric van Gemeren, vice president, Research & Development, Flowserve. "This collaboration will help us provide our customers with new insight through transformative service capabilities that lead to more powerful decision-making and process optimization."

To view the original press release, please click here.

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