Honeywell International, Emerging Technologies Among Apps Top 500

115 Tabor Rd

Morris Plains, NJ, 7950, United States

1 973-455-2000

http://www.honeywell.com

314

Honeywell International, Emerging Technologies Strengths, Domain Expertise, and Key Differentiators

Honeywell is provider of advanced software solutions to the process industries. Honeywell's advanced software portfolio and consulting services help users make sense of all the data in their plant(s). Solutions tackle complex problems through a unique outcome-based consulting approach that supports better process design, process history and analytics, operations excellence, production management and enterprise collaboration. These solutions allow users to make faster and smarter decisions to improve safety, reliability, efficiency and sustainability.

Honeywell International, Emerging Technologies Recent Developments

Aims to exploit Internet of Things opportunities with its expertise in building climate control and asset management apps.

Honeywell International, Emerging Technologies Mergers and Acquisitions (M&A) Activities

As of 2016, Honeywell’s largest acquisition to date was of Elster Group from Melrose Industries PLC. The acquisition was completed for $5.1 billion. Honeywell was attracted to Elster Group’s high-growth product areas and geographical locations. Elster Group is a provider of gas, electricity, and water meters, including all associated communications and software solutions. It reported gross assets of approximately $2.8 billion in 2015 and employed almost 7,000 people.

Honeywell acquired Intelligrated in July 2016 for $1.5 billion in cash. Based in Ohio, Intelligrated employs over 3,000 individuals and is expected to report annual sales of around $900 million in 2016. Intelligrated is being utilized in Honeywell’s sensing and productivity solutions unit within the company’s Automation and Control Solutions division. Honeywell incorporated Intelligrated’s supply chain automation solutions within Honeywell’s current workflow performance processes.

In 2013, Honeywell completed the acquisition of Intermec and spent $600 million in cash in the deal. Intermec provides value to Honeywell in numerous ways, including innovative products, engineering expertise, a broad global distribution channel and valuable technology in the AIDC industry. Intermec is a provider in computing on mobile devices, radio frequency identification services, printing solutions, and data collection products. Intermec will be integrated into Honeywell’s scanning and mobility division.

Honeywell announced in 2013 a definitive agreement to acquire RAE Systems Inc. The privately-held manufacturer makes gas and radiation detection systems. Its products include a full line of fixed and transportable sensing and detection devices sold to the government, emergency response sectors and industrial entities. At the time of the deal, RAE Systems products were utilized in over 120 countries. Founded in 1991 and based in California, RAE Systems was purchased for $340 million.

For $491 million, Honeywell purchased EMS Technologies. The 2011 acquisition expanded Honeywell’s position in the global scanning and mobility industry. EMS Technologies specializes in rugged handheld vehicle-based products. Items sold within the aviation department include rugged data storage, surveillance applications, antennas, and terminals.

For $338 million, Honeywell bought Singapore-based King’s Safetywear in 2011. The deal expands Honeywell’s customer base as KWS’s operations are strategically placed in high-growth areas. Its Otter, King’s and Oliver brands of steel-toe-capped boots are sold primarily in Australia, Asia, and Europe. Honeywell’s motivation for completing the deal was tied to bolstering its workplace safety equipment segment of the business.

In September 2010, Honeywell completed the purchase of Sperian Protection, which manufactures personal protective equipment used in general industry, construction, fire services, and electrical safety segments. Honeywell paid $1.4 billion—or 1.5 times annual sales—for Sperian. Sperian specializes in head protection (sight, hearing, and respiratory gear) as well as body protection (clothing, gloves, footwear).

In 2008, Honeywell paid $1.2 billion to acquire Norcross Safety Products (NSP). NSP produces respirators, helmets, protective gloves and other protective gear for industrial workers as well as firefighters. Based in Illinois, Norcross became a piece in Honeywell’s automation and control solutions group.

Honeywell International, Emerging Technologies Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Honeywell International, Emerging Technologies applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Honeywell International, Emerging Technologies and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Honeywell customers.

Honeywell International, Emerging Technologies Overview

Ownership: - NYSE: HON

Number of Employees: 113000

Functional Markets: ERP Services and Operations Management, Product LifeCycle Management and Engineering,

Key Verticals: Aerospace and Defense, Automotive, Construction, Life Sciences, Manufacturing, Oil and Gas, Transportation,

Honeywell International, Emerging Technologies Key Enterprise and Cloud Applications

Honeywell

Honeywell International, Emerging Technologies Revenues, $M:

Type/Year 2018 2019 YoY Growth, %
Total Revenues, $M Subscribe Subscribe Subscribe
Enterprise Applications Revenues, $M Subscribe Subscribe Subscribe
Cloud Applications Revenues, $M Subscribe Subscribe Subscribe

* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.

Honeywell International, Emerging Technologies Revenue Breakdown By Type, $M:

Type License Services Hardware Support & Maintenance SaaS
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe

Honeywell International, Emerging Technologies Revenues By Region, $M

Region % of Total Revenues 2019 Total Revenues, $M 2019 Enterprise Applications Revenues, $M 2019 Cloud Applications Revenues, $M
Americas Subscribe Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe Subscribe

Honeywell International, Emerging Technologies Direct vs Indirect sales

Region Direct Sales Indirect Sales Total
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

Honeywell International, Emerging Technologies Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Honeywell International, Emerging Technologies Customers


No. of Honeywell International, Emerging Technologies Customers: 200000

No. of Honeywell International, Emerging Technologies Enterprise Applications Customers: x

No. of Honeywell International, Emerging Technologies Cloud Customers: x

No. of Honeywell International, Emerging Technologies Cloud Subscribers: x


Recent customer wins include Mid-Canada Mod Center (MCMC), Malaysia Maritime Enforcement Agency, Ozarks Electric Cooperative, Shortstop Jet Charter, VSI Labs, EXXAERO, Deer Jet and many others.

Honeywell International, Emerging Technologies Market Opportunities, M&A and Geo Expansions

In December 2019, Honeywell has acquired Rebellion Photonics, a Houston-based provider of innovative, intelligent, visual gas monitoring solutions that maximize safety, operational performance, emissions mitigation and compliance in the oil and gas, petrochemical and power industries. Rebellion offers real-time monitoring platform that visually identifies and quantifies gas releases to quickly detect and analyze leaks and keep workers safe. The intelligent monitoring system incorporates a sophisticated AI-driven software platform that automatically alerts plant operators if a gas leak, fire or security issue is detected and provides detailed analytics.

The acquisition will become part of Honeywell's Safety and Productivity Solutions business, which provides a wide range of gas detection technologies, safety gear, mobility solutions and software to help workers stay safe and productive. Rebellion's technology will also be deployed through Honeywell's Performance Materials and Technologies business to help process manufacturing customers improve safety and compliance.

Honeywell International, Emerging Technologies Risks and Challenges

Part of conglomerate that aims to take advantage of the market forces including the Internet of Things, device management and Big Data analytics for asset-intensive industries. Services-heavy deployment prevents such implementations from scaling to reach critical mass.

Honeywell International, Emerging Technologies Ecosystem, Partners, Resellers and SI

Honeywell signed an original equipment manufacturer (OEM) agreement with SAP to integrate and offer its Guided Work Solutions as an add-on for SAP Business One. The bundled solutions are expected to provide distribution center customers with improved productivity, accuracy and safety.

Honeywell International, Emerging Technologies Cloud Infrastructure Insights

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Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.


Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).


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