Honeywell has launched a cloud-based solution – Honeywell Forge Real Estate Operations – that streamlines and combines operational and business data for building owners and managers. The solution helps to support better decision-making, drive greater efficiencies and reach sustainability goals.
The new solution extends the capabilities of Honeywell Forge enterprise performance management software and was jointly developed with SAP on the SAP Business Technology Platform.
Honeywell Forge Real Estate Operations is an out-of-the-box cloud-based analytics application. The SaaS solution aggregates the financial, employee and real estate data of SAP with Honeywell’s buildings data, IoT sensor data and building management system insights.
Real estate portfolio owners, managers and operators can use actionable insights from the software to help optimise their real estate performance across multiple dimensions of building performance. The data is delivered to users in a simple, easy-to-digest scorecard.
“Until today, real estate portfolio managers have only had access to a fragmented set of disconnected data about their buildings, which has resulted in significant inefficiencies,” said George Bou Mitri, president and general manager, Honeywell Building Technologies, Middle East, Turkey and Africa.
“Honeywell’s partnership with SAP has led to a solution that unifies IT data, OT data and occupant information, providing customers in the region with new visibility into the performance of their real estate portfolios.”
“We have provided feedback on the Honeywell Forge Real Estate Operations product throughout its development and believe it has significant potential to help Real Estate organisations improve portfolio performance across multiple dimensions,” said Matthias Grimm, vice president, head of Global Real Estate and Facilities at SAP.
“In addition, we are piloting Honeywell Forge as part of the planning process for our own internal real estate transformation.”
Honeywell Forge Real Estate Operations can help improve operational readiness, occupant safety, achieve sustainability goals, financial intelligence, occupant experience and occupant utilisation.
Honeywell Forge Real Estate Operations complements Honeywell’s large and growing set of software offerings for building owners and managers. Late last year, Honeywell acquired Adelaide, Australia-based Sine, a mobile-enabled software solution that provides a simple, intuitive way to confidently onboard and track the flow of people throughout a building.
With this new capability, Honeywell offers a more seamless experience for occupants and further enhances the experience of the connected building for visitors, guests and staff.
The new functionality adds to Honeywell’s portfolio of native edge-to-cloud, data-driven architecture with user-friendly mobile interfaces designed to further digitally transform operations.