Honeywell Forge for Industrial

2019: Release of software of Honeywell Forge for Industrial

On June 24, 2019 the Honeywell company announced release of Honeywell Forge for Industrial — the software package for management of production indicators in the field of operational technologies. In it digital doubles of technical processes and assets, the advanced means of data analysis and also long-term work experience of Honeywell in manufacturing industry are used. All this, according to the developer, allows industrial enterprises to reach maximum capacity and to support it. Using Honeywell Forge for Industrial the customer gets quick access to results of the contrastive analysis which is carried out in real time and can make more weighed decisions which are positively influencing working indicators, reliability, security and profitability of the equipment.

According to the statement of the developer, Honeywell Forge for Industrial collects and generalizes information on production operations, analyzes it and helps to define really achievable optimum level of performance, supplementing the received outputs with predictive analytics to define opportunities for improvement. Also recommendations which in real time help to eliminate the omissions influencing performance and to work with maximum efficiency are provided.

"Within production processes industrial enterprises should process more and more data arriving from different sources. Therefore capability to take significant information becomes more and more important both for specific contractors, and for the management. It allows to adapt quickly to the changing market, to make timely and exact decisions and to optimize profitability. Other problem is that a large number of workers in the industry retires. So we lose crucial knowledge and experience", 'Mark Sen Gupta, the director of research of ARC Advisory Group noted'

The packet of Honeywell Forge for Industrial helps to gain complete idea of how transactions in scales of all enterprise are executed. It is offered on the basis of model "software as service" (SaaS) which provides reliable protection from cyberthreats. The platform helps the companies to overcome the problems caused by fast change of technologies, obsolescence of the equipment and demographic changes in labor power, claim in Honeywell.

"Honeywell Forge for Industrial solves one of pressing problems which our customers face: they should make decisions on the basis of the incomplete and separate information obtained from several platforms. With Honeywell Forge for Industrial clients can make use of our experience for acceptance of reasoned decisions taking into account own data, thereby ensuring safety, profitability and predictability of results and risks. All this will help them to increase reliability and performance of assets and also to expand possibilities of personnel", 'Murali Mandi, the chief executive of Honeywell Connected Enterprise noted'