Press release
HONEYWELL TRANSFORMS BUILDING MANAGEMENT WITH FIRST-OF-ITS-KIND TECHNOLOGY
New platform features built-in cybersecurity, faster network speeds and innovative technology to address building managers' concerns and strategies ATLANTA,
About this update from Nxp Semiconductors N.v.
[{"type":"text","content":"New platform features built-in cybersecurity, faster network speeds and innovative technology to address building managers' concerns and strategies\nATLANTA, Jan. 23, 2024 /PRNewswire/ -- Honeywell (NASDAQ: HON) today launched Advance Control for Buildings, a groundbreaking platform marking one of the company's most substantial leaps in building controls innovation to date.\n\n \n \n \n \n \n \n\n \nDesigned to automate building management and provide the foundation for a building's energy efficiency strategy, Advance Control combines the latest technologies with decades of innovation and domain expertise. Automation and machine learning fuel a streamlined operation system featuring built-in cybersecurity and technology to deliver faster network speeds that, in an industry first, uses existing wiring. This announcement further supports Honeywell's recently announced plans to realign its business with three compelling megatrends, including automation and energy transition. \n\"Today, buildings are facing mounting pressures around safety, operational efficiency and energy efficiency. By pushing the boundaries of technological advancement, Advance Control not only helps building managers optimize their building operations to meet these pressures, but also champions innovation,\" said Steve Kenny, vice president and general manager, Honeywell Building Management Systems. \"Automation breaks down operational barriers to give building managers more control over the efficiency of their buildings, ultimately helping improve the occupant experience while advancing energy management goals.\"\nAs part of this rollout, Honeywell recently announced strategic alliances with two semiconductor leaders, NXP® Semiconductors N.V. (NASDAQ: NXPI) and Analog Devices, Inc. (NASDAQ: ADI) to streamline the transition to intelligent edge processing. With NXP, Honeywell seeks to elevate machine learning and autonomous decision-making for enhanced energy management and convenience, as well as enhanced security within and beyond the building. The joint efforts with ADI aim to deliver more efficiency and increased intelligence through digital connectivity and advanced signal conversion across many industrial applications.\n\"As the building automation market demands greater digital connectivity and security enabling data driven efficiencies, ADI has invested...