HOUSTON, Oct. 26, 2016 /PRNewswire/ -- Honeywell
(NYSE: HON) 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."
Flowserve is a recognized global leader in supplying pumps,
valves, seals, automation and services to the world's most critical
industrial applications, including power, oil and gas, and
chemicals. Operating in more than 55 countries, the company
produces engineered and industrial pumps, seals and valves, as well
as a range of related flow management services.
Honeywell's capabilities in data consolidation, cyber and
software development combine well with Flowserve's deep domain
knowledge to allow the expansion of a robust IIoT ecosystem that is
designed to help customers solve previously unsolvable
problems.
The goal, Hird said, is a simple-to-use infrastructure that
gives customers secure methods to capture and aggregate data, so
that it can be leveraged by using analytics and applying a range of
domain knowledge from a vast ecosystem of equipment vendors and
process licensors.
With a larger, consolidated data set, manufacturers can apply
higher analytics for more detailed insights, scale the data as
needed to meet the varied needs of single-site or enterprise-wide
operations, and leverage a wider pool of data experts for
monitoring and analysis.
Ultimately, Honeywell and its collaborators, including
Flowserve, will leverage the IIoT to help customers minimize
unplanned shutdowns, maximize output, minimize safety risk and
optimize supply chain strategies. The Honeywell
INspireTM program brings together a community of
participants, including customers, equipment vendors, process
licensors and Honeywell experts that will jointly develop solutions
for a myriad of operational challenges.
Flowserve Corp. is one of the world's leading providers of fluid
motion and control products and services. Operating in more than 50
countries, the company produces engineered and industrial pumps,
seals and valves as well as a range of related flow management
services. More information about Flowserve can be obtained by
visiting the company's Web site at www.flowserve.com.
Honeywell Process Solutions (www.honeywellprocess.com) is a
pioneer in automation control, instrumentation and services for the
oil and gas; refining; pulp and paper; industrial power generation;
chemicals and petrochemicals; biofuels; life sciences; and metals,
minerals and mining industries. Process Solutions is part of
Honeywell's Performance Materials and Technologies strategic
business group, which also includes Honeywell UOP (www.uop.com), a
leading international supplier and licensor of process technology,
catalysts, adsorbents, equipment, and consulting services to the
petroleum refining, petrochemical, and gas processing
industries.
Honeywell (www.honeywell.com) is a Fortune 100 diversified
technology and manufacturing leader, serving customers worldwide
with aerospace products and services; control technologies for
buildings, homes, and industry; turbochargers; and performance
materials. For more news and information on Honeywell, please
visit www.honeywell.com/newsroom.
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SOURCE Honeywell Process Solutions