Honeywell and Flowserve 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 INspire program, Honeywell's joint customer development program for its IIoT ecosystem.
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.
The goal of the collaboration 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 INspire 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.
Keywords: Fluid Management, Industrial Internet of Things (IIoT), Analytics, ARC Advisory Group.