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Honeywell To Showcase Asset Performance Solutions At MINEXCHANGE 2023



Honeywell leaders to present mining capabilities of Honeywell Forge Performance+ for Industrials | Asset Performance during the conference in Denver.

DENVER, Feb. 28, 2023 -- Honeywell (NASDAQ: HON) announced today that it will showcase its asset performance management solutions for the mining industry this week at the MINEXCHANGE 2023 SME Annual Conference & Expo in Denver. Honeywell mining experts will present Honeywell industry solutions and speak on panels throughout the week’s conference.

Among the solutions highlighted this week is Honeywell Forge Performance+ for Industrials | Asset Performance, an enterprise-grade SaaS offering that combines performance monitoring with machine learning and predictive analytics. The software solution includes enhanced capabilities for the mining, minerals, and metals industry to improve reliability and performance of mobile and fixed equipment.

“Honeywell is unique in that we are the only provider with mining industry-specific expertise covering both mobile and fixed assets,” said Anand Vishnubhotla, chief product officer, Honeywell Connected Industrials. “We are excited about the opportunities this week to connect with customers at MINEXCHANGE and highlight our asset performance solutions and our domain expertise serving mining customers during a time of increasing digital transformation.”

Honeywell Forge Performance+ for Industrials | Asset Performance helps organizations improve asset reliability by revealing opportunities for performance improvement. The solution helps predict potential time to failure and expedites root cause analysis of inefficiencies or impending issues. It aggregates data from assets and processes, enabling analysis within a cloud environment to uncover potential failures and provide recommendations on how to solve operational issues. Asset Performance also provides enterprise scalability with a vendor agnostic platform for third-party integration.

According to Claudio Zamora, president of Kairos Mining, Honeywell’s Asset Performance solutions can deliver important performance optimization benefits to mining companies.

“At Kairos, we use Honeywell’s Asset Performance solutions for what we call our Operate for Reliability approach,” Zamora said. “This approach allows us to run more efficiently, lower our costs to operate and be more profitable by bringing together fragmented data, orchestrating complex calculations, providing early alerts, performance calculations and custom dashboards. For us, Asset Performance solutions are more than a maintenance tool, they are the key element of our ‘Conditions’ based operations approach.”

Sponsored by the Society for Mining, Metallurgy & Exploration (SME), MINEXCHANGE 2023 is the only conference dedicated to all disciplines of mining engineering. Attracting thousands of mining professionals from around the world, the week features a wide variety of technical sessions, expert speakers and an exhibit hall focused on the latest in mining innovation. This year’s event will highlight a focus on ESG, innovation and health & safety.

About Honeywell:

Honeywell (www.honeywell.com) delivers industry-specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable. 

Honeywell Forge is intelligent operations software that connects assets, people, and processes, enabling operational performance, sustainability, and quality improvement.

For more news and information on Honeywell, please visit www.honeywell.com/newsroom.

Media                                                                                      

Kevin Rainey

Honeywell, External Communications

(602) 245-7319

Kevin.Rainey@honeywell.com