Honeywell, Flowserve to collaborate on Industrial IoT solutions

HOUSTON -- Honeywell and Flowserve will collaborate to provide Industrial Internet of Things (IIoT) solutions to help industrial customers make their operations, safer, more efficient and more reliable. The collaboration will be part of the Honeywell INspire program, Honeywell's joint customer development program for its IIoT ecosystem.

"The key to an effective IIoT ecosystem is to have three things," said Andrew Hird, V.P. and general manager of Honeywell Process Solutions' Digital Transformation business. "First, you need to have secure access to the data being collected; secondly, the capability to analyze that data; and finally, you need domain knowledge to understand how to deploy information to benefit the operation. Flowserve's domain expertise in flow control solutions that include pumps, valves, seals and services is unmatched globally, which makes the Honeywell-Flowserve IIoT ecosystem unique for our customers."

"We see this collaboration between Honeywell and Flowserve as beneficial to continuously improving how we serve our customers with the latest technology advanced software and analytics, and reliable services capabilities. Honeywell provides key infrastructure to collect and securely move data, while we embed decades of domain knowledge into predictive analytics for more business value, faster," said Eric van Gemeren, V.P., Research & Development, Flowserve. "This collaboration will help us provide our customers with new insight through transformative service capabilities that lead to more powerful decision-making and process optimization."

The goal, Hird said, is a simple-to-use infrastructure that gives customers secure methods to capture and aggregate data, so that it can be leveraged by using analytics and applying a range of domain knowledge from a vast ecosystem of equipment vendors and process licensors.

With a larger, consolidated data set, manufacturers can apply higher analytics for more detailed insights, scale the data as needed to meet the varied needs of single-site or enterprise-wide operations, and leverage a wider pool of data experts for monitoring and analysis.

Ultimately, Honeywell and its collaborators, including Flowserve, will leverage the IIoT to help customers minimize unplanned shutdowns, maximize output, minimize safety risk and optimize supply chain strategies.