Real-time intelligence for peak performance with Honeywell’s performance management software

2617 HPS Forge Image 300dpiHoneywell has introduced Honeywell Forge for Industrial, an enterprise performance management software for operational technology that leverages process and asset digital twins and advanced data analytics to help industrial manufacturers achieve and sustain peak performance

With Honeywell Forge for Industrial, a business aims to use instant insights from real-time benchmarking to help make better decisions that impact equipment performance, reliability, safety and profitability.

Honeywell Forge for Industrial collects and integrates information from a manufacturer’s operations, analyses and helps determine the achievable optimal performance and augments it with predictive analytics to identify opportunities for improvement. It then provides recommendations in real-time that help industrial producers close performance gaps and operate at peak performance.

“As industrial manufacturers are needing to process increasingly larger amounts of data from different sources in their production process, being able to derive meaningful insight becomes more and more important to individual contributors and plant leadership to quickly adapt to the changing market, make more timely and accurate decisions, and optimise profitability,” said Mark Sen Gupta, research director, ARC Advisory Group.

“The other challenge of course, is that the industry is dealing with large parts of the workforce retiring leading to a loss of critical knowledge and expertise.”

Honeywell Forge for Industrial aims to provide visibility into how operations are performing across the enterprise through a software-as-a-Service (SaaS) offering that is being developed to meet the highest cybersecurity protections. The platform helps companies overcome challenges caused by technology churn, aging equipment and a shift in workforce demographics.

“Honeywell Forge for Industrial addresses one of the most pressing challenges our customers face in the Middle East region, making decisions based on incomplete and isolated information on multiple platforms,” said Mansour Belhadj, general manager for lifecycle and solutions services business, Honeywell Process Solutions.

“All this will help our customers to improve asset reliability and performance, ultimately empowering the workforce. We want to ensure that every day is our customers’ best production day,” Belhadj added.

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