Automation Thought Leadership: From Honeywell CEO Vimal Kapur

Driving Transformation with a Clear Vision

I hope you enjoyed the summer. We engaged many investors last week in Laguna.
We now move forward with confidence. We advance both the Solstice and Aerospace spin-offs on schedule.
We also integrate recent acquisitions to sharpen Honeywell’s automation portfolio. Moreover, we assess options for non-core assets.
Our focus remains clear: shape Honeywell as a pure-play automation leader with a cohesive and simplified portfolio.

Automation's Impact on Global Productivity

Automation has delivered about $10 trillion in global productivity gains over three decades.
Companies worldwide streamlined operations, cut labor costs, and improved safety through automation.
Therefore, automation enabled strategic focus on innovation rather than repetitive tasks.

Honeywell's Long History of Leadership

I began my career during the 1980s industrial transformation.
Since then, Honeywell innovations have modernized control systems across industries.
We pioneered electronic controls, distributed systems, and building integrations in the 1970s.
We continually delivered first-of-kind solutions for process, industrial, and building customers.

Software at the Core of Performance

In the 2000s, we introduced Experion PKS and advanced open architectures.
We also grew software strength through acquisitions such as Tridium and Matrikon.
This software-first strategy created recurring revenues and enabled large-scale productivity improvements.
Today, AI further expands these opportunities.

Solving Today's Customer Challenges

Customers face labor shortages, aging infrastructure, and high energy costs.
Therefore, we design value-based automation solutions rather than simple products.
We use Forge and edge computing to connect assets across industries.
We unlock insights for predictive maintenance, energy efficiency, and safer operations.

Delivering Connected Outcomes at Scale

Forge now supports 20,000 customers and connects over 100 million assets.
We leverage 450 terabytes of data to provide real-time insights.
For example, quick-service restaurants in the UK gained remote management capabilities.
Similarly, ethylene plants improved uptime through autonomous control trials.

Pioneering the Path Toward Autonomy

We now lead the shift from automation to autonomy.
Digital cognition combines AI, analytics, and IoT to mimic human decision-making.
Our unified strategy spans manufacturing, energy, and building operations.
We help enterprises reduce variability, increase safety, and optimize across portfolios.

Real-World Enterprise Benefits

We connected Vanderbilt University’s buildings with an AI-powered management system.
This solution unified diverse hardware into a single secure platform.
We also delivered predictive AI models for an energy giant.
As a result, they cut maintenance costs by 25% and saved $20M annually.

Looking Ahead with Confidence

Automation now evolves into enterprise-wide autonomy.
Honeywell will continue blending domain expertise with AI, edge, and cloud.
We aim to set new standards for industrial resilience and efficiency.
With relentless innovation, we will exceed customer and investor expectations.