Dive Brief:
- Honeywell launched Advance Control for Buildings, a building management system that can use a building’s existing wiring “to give building managers more control over the efficiency of their buildings, ultimately helping improve the occupant experience while advancing energy management goals,” it said in a press release Tuesday.
- The new BMS platform seeks to leverage Honeywell’s recent partnership with NXP Semiconductors to elevate machine learning and autonomous decision-making for energy management and its integration of Analog Devices’ technology for greater digital connectivity and advanced signal conversion across applications, it said.
- “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,” Steve Kenny, vice president and general manager of Honeywell Building Management Systems, said in the release.
Dive Insight:
According to the UN Environment Programme, buildings account for 37% of global carbon dioxide emissions, leading to growing pressures to identify and reduce energy use, Honeywell said. It noted that a lack of skilled labor also makes it challenging for building owners to hire technicians for buildings’ upkeep and modernization. As a result, building owners and operators are turning to digital building and energy management tools. Schneider Electric estimates its products can slash up to 42% of operational carbon emissions in commercial office buildings, for example.
Automation and machine learning drive the platform’s efficient operating system, which is equipped with integrated cybersecurity and technology, to deliver accelerated network speeds, Honeywell said. Automation is able to break down operational barriers to give building managers more control over the efficiency of their buildings, ultimately helping improve occupant experience and advancing energy management goals, Kenny said in the release.
Last October, Honeywell announced plans to realign its business segments with megatrends like industrial automation and the energy transition to boost its organic sales growth and deploy more inorganic capital. The company said the implementation would begin in the first quarter of 2024.
Its new advanced control system aligns with its growing focus on its building technologies segment, which CFO Greg Lewis called “a bright spot for the business” due to its growing profit margin despite soft demand for security products and a challenging operating environment.
Advance Control joins other building automation and security-focused solutions Honeywell has launched in the past year, including Forge for Buildings, which the company introduced to optimize air quality and reduce energy consumption, and a new integration with Quantinuum that intends to bolster the security of smart utility meters.
