Honeywell and SAP’s Building Performance Solution To “Support Better Decision Making”

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• Honeywell and SAP’s Building Performance Solution To “Support Better Decision Making”

18 June 2020

Honeywell has announced that they have teamed up with SAP to create a joint cloud-based solution based on Honeywell Forge, the company’s Enterprise Performance Management offering.

The SAP Cloud Platform will streamline and combine operational and business data to "support better decision making and drive greater efficiencies."

The solution will provide corporate real estate owners and building operators with easy access to a range of real estate data, including energy performance, security, maintenance, rent, taxes, location, regulations, lease terms and other costs.

The aim is to enable customers to benefit from building performance optimisation, including reduced carbon footprint and lower energy costs, as well as improved tenant experience.

 

“Honeywell and SAP together will provide insights from the boiler room to the boardroom that make it easier for our customers to get a true picture of how to optimize building performance, lower carbon emissions to meet sustainability goals, reduce energy costs, and help enhance occupant experience."

– Darius Adamczyk

Chairman and CEO, Honeywell

 

Focus on Real Estate

 

The companies’ first area of focus will be the real estate industry, where building owners often need to pull data from disparate sources that are not normalised. This makes it extremely difficult to determine the true efficiency and utilisation of their portfolios.

Drawing on the power of the Honeywell Forge autonomous buildings solution and SAP Cloud for Real Estate, the solution will enable facility managers and building owners to reposition their portfolios through cost savings and newly identified efficiencies, while also helping to improve the tenant experience.

Honeywell Forge powers a new AI-driven autonomous control capability that makes automatic adjustments to maintenance, comfort, and sustainability.

As buildings come back online in the midst of the COVID-19 pandemic and economic crisis, owners are expected to focus on key performance indicators (KPIs) tied to enhanced occupant safety and reduced carbon footprint, along with energy savings. 

By providing real-time access to these KPIs, the joint offering will help building owners optimise their operations to meet energy savings targets and to help maintenance hours. 

As an example, in the HVAC operation alone, which is known to account for 35 per cent of total energy consumption in commercial buildings, an AI-automated system such as Honeywell Forge can save up to 23 per cent in energy costs.

 

The Struggle For Real-Time Data

 

“Building owners today often struggle to get the real-time data they need to determine the true efficiency and utilisation of their portfolios,” said Darius Adamczyk, Chairman and CEO of Honeywell. 

“Honeywell and SAP together will provide insights from the boiler room to the boardroom that make it easier for our customers to get a true picture of how to optimize building performance, lower carbon emissions to meet sustainability goals, reduce energy costs, and help enhance occupant experience. 

“Having this information readily accessible will allow our customers to generate tremendous business value while becoming more sustainable, and it will greatly enhance the appeal of their buildings to renters and tenants.”

Picture: A photograph of a building with balconies and windows

Article written by Ella Tansley | Published 18 June 2020

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