The News: Honeywell announced the launch of Honeywell Forge for Buildings, designed to help building owners and operators achieve energy savings and air quality goals. Along with the launch, Honeywell announced enhanced capabilities of the Honeywell Forge Sustainability+ for Buildings | Carbon and Energy Management application, which leverages machine learning to reach their sustainability goals. Read more from PR Newswire.
Honeywell Launches Honeywell Forge for Buildings, Sustainable Building Management
Analyst Take: Honeywell’s launch of Honeywell Forge for Buildings is big news for the building management industry. Aiming to revolutionize the way buildings are managed and operated, while also expanding its range of sustainability-focused applications, Honeywell Forge for Buildings is designed to provide a comprehensive approach to building systems operations and management that can be used at a single site or with an entire portfolio.
Honeywell Forge for Buildings is a powerful platform that leverages artificial intelligence (AI) and machine learning (ML) to optimize the performance and efficiency of buildings. It provides a comprehensive suite of tools and services that enable facility managers to monitor, analyze, and optimize their building systems in real-time. Honeywell Forge for Buildings features software, hardware, and services to help building owners and operators achieve sustainability, operational efficiency, occupant experience, compliance, safety and security, and resilience goals.
One of the key features of Honeywell Forge for Buildings is its ability to centralize data from various building systems, including HVAC (Heating, Ventilation, and Air Conditioning), lighting, security, and more. By integrating these systems into a single, unified platform, facility managers can gain valuable insights into the operational performance of their buildings and make data-driven decisions to improve energy efficiency, occupant comfort, and overall sustainability.
With the launch of Honeywell Forge for Buildings, Honeywell also announced expanded capabilities of the Honeywell Forge Sustainability+ for Buildings | Carbon and Energy Management application. Carbon and Energy Management is a ready-now, cloud-based application to assist building owners and operators optimize indoor air quality (IAQ), help reduce energy use, and support their carbon reduction goals. The platform enables zone-specific optimization of energy consumption and IAQ parameters based on real-time occupancy levels and space use. It uses sensor data and ML algorithms to continuously monitor and automatically adjust building controls at the zone level. It is important to note that the Carbon and Energy Management application is a vendor-agnostic solution that connects to a building management system (BMS). “Vendor-agnostic” is music to my ears, as that opens the door to increased usage and adoption — and that’s a good thing.
It used to be the case that improving indoor air quality was viewed as important but impacted efficiency overall. Honeywell’s Carbon and Energy Management application will help manage energy costs and carbon impact and will also endeavor to monitor air quality, keeping building inhabitants safe in the process.
The unveiling of Honeywell Forge for Buildings is a significant step forward in the building management industry as building owners and managers are facing increasing pressure to accelerate their digital sustainability transformation plans and also monitor and improve indoor air quality. With its advanced technology and expanded sustainability-focused applications, Honeywell Forge for Buildings empowers facility managers to optimize building performance, reduce energy consumption, and enhance occupant well-being.
Disclosure: The Futurum Group is a research and advisory firm that engages or has engaged in research, analysis, and advisory services with many technology companies, including those mentioned in this article. The author does not hold any equity positions with any company mentioned in this article.
Analysis and opinions expressed herein are specific to the analyst individually and data and other information that might have been provided for validation, not those of The Futurum Group as a whole.
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Image Credit: Honeywell
Author Information
Shelly Kramer is a Principal Analyst and Founding Partner at Futurum Research. A serial entrepreneur with a technology centric focus, she has worked alongside some of the world’s largest brands to embrace disruption and spur innovation, understand and address the realities of the connected customer, and help navigate the process of digital transformation. She brings 20 years' experience as a brand strategist to her work at Futurum, and has deep experience helping global companies with marketing challenges, GTM strategies, messaging development, and driving strategy and digital transformation for B2B brands across multiple verticals. Shelly's coverage areas include Collaboration/CX/SaaS, platforms, ESG, and Cybersecurity, as well as topics and trends related to the Future of Work, the transformation of the workplace and how people and technology are driving that transformation. A transplanted New Yorker, she has learned to love life in the Midwest, and has firsthand experience that some of the most innovative minds and most successful companies in the world also happen to live in “flyover country.”
