Companies reform while integrating acquisitions
Honeywell creates new Advanced Solutions business to combine Matrikon capabilities with existing offerings in one software and service portfolio.
With all the merger and acquisition activity in automation businesses, corporations often have to work at integrating their newly purchased capabilities with existing offerings. As one example, Honeywell has announced that it is forming a new business as a result of buying Matrikon, which focuses on providing advanced open software and services to process industries. By integrating the open connectivity and platform capability of its Matrikon acquisition with its applications and solutions business, Honeywell’s new Advanced Solutions group hopes to deliver improved breadth of solutions, domain expertise, consultants, and technology.
Honeywell’s solutions enable customers in the mining, chemical, petrochemical, refining, oil & gas, and power sectors to deploy enterprise-wide solutions across their process infrastructure to provide better control and optimize their manufacturing footprint, extract information, and make faster and smarter decisions.
“Process companies are increasingly demanding solutions that can work with any control system or application seamlessly across the enterprise,” said Ian Brown, vice president, Advanced Solutions. “With Matrikon’s track record for open connectivity, agility, and innovation, and Honeywell’s unparalleled lifecycle protection and reputation for project execution and products, customers can now get best-in-class solutions available, matched by industry-beating delivery, consulting and support.”
Using a unique, outcome-based consulting approach, Honeywell says it can offer customers solutions for supply chain, production execution, and operational excellence, in areas such as energy efficiency, compliance, performance improvement, and asset effectiveness. Honeywell also offers solutions for industrial and cyber security, advanced process control and optimization, process design simulation, and operator training simulation.
The Advanced Solutions portfolio, which includes offerings such as UniSim, Profit Suite, Uniformance PHD, and Matrikon, is a part of Honeywell Process Solutions.
Peter Welander, email@example.com
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