Subscribe to RSS - Honeywell

Honeywell

The resi buzz at ISC West

 - 
Wednesday, April 13, 2016

At this year’s ISC West, the big theme on the residential side was the connected home, and all of the possibilities now available to dealers who are looking to provide interactive services, including some DIY options, to the homeowner.

The DMP Owners Forum, a daylong training event for dealers, included the introduction of new products and services tailored to help dealers take advantage of the connected home and DIY.

The smart-home theme continued on the ISC West show floor, as I visited residential smart home providers including Icontrol One, Alarm.com, Qolsys, 2GIG and Honeywell Security & Fire—the biggest booth at ISC West 2016 this year.

As you will see in my ISC West Roundup, many of these companies unveiled new technology, and outlined the increased support and options now available for dealers looking to provide these options to their customers.
 
After the show, I caught up with David Paja, president, Honeywell Security & Fire, to see if he was hearing the same kind of buzz at this year’s show. 

“For us it was probably one of the busiest shows in the past few years,” Paja said. “ISC West was very exciting for us this year as there is a lot going on in the industry right now, and I had a lot of discussions about connected homes, connected buildings, and new technology and software development in those areas.”

At the booth, Paja said the company was excited to launch its Lyric Security offering, which he said he has been talking about for over a year, but is now officially in production. “We are bringing together with Lyric our connected home offering across Honeywell, which is a family of products that cover security, safety and comfort (energy management and thermostats, for example), and the response from the marketplace has been phenomenal and the orders that we are booking are more than we anticipated.”

Paja also noted that two recent company acquisitions—RSI and Xtralis—are helping to expand Honeywell’s offerings and position in 2016.

“Everything is going visual—that is what we believe in the industry,” said Paja. “Historically, alarm notifications were enough, but with visual video verification we are seeing a strong demand from end users, as well as law enforcement in an effort to manage and reduce the cost of false alarms, as well as for central monitoring stations. This big push toward visualizing the alarms and the events is a long-term trend in our view, and RSI has a unique and leading position in terms of video verification solutions, one that we did not have in the U.S.”

As these residential-focused companies reposition themselves to stay at the forefront of trends in the industry, dealers will be able to change with the times as well, and not let new technology pass them by.

 

Access control can produce access to intelligence

 - 
03/04/2016

YARMOUTH, Maine—It doesn’t take a sophisticated access control system to keep people out of the building or allow them inside. Nor does it take a high-end system to provide useful data that can help a company’s bottom line.

Jay Hauhn talks on Honeywell-RSI deal

 - 
Wednesday, March 2, 2016

Yesterday it was announced that Honeywell acquired RSI Video Technologies (Videofied) for $123 million. Jay Hauhn, executive director for CSAA, talked with SSN about the deal.

The deal could help RSI further develop its offerings, he said. “Adding Honeywell’s R&D proficiency to RSI’s verification competencies is very powerful from a product functionality perspective.”

Having Honeywell and RSI could benefit central stations from a monitoring perspective. “I expect the combined offering to be an innovative fully integrated verification solution. Getting that from a single source is very attractive to a central station,” he said.  

Honeywell in its announcement highlighted RSI’s video verification capabilities. Hauhn said the acquisition is an efficient way for Honeywell to enhance its portfolio of verification offerings.  “When evaluating technologies needed within a product roadmap, a frequent question for a manufacturer is, ‘Do we develop it or do we acquire it?’ … Honeywell obviously decided their fastest path to market was going to be accomplished by acquiring RSI, a proven verification technology.”

“I suspect that there are significant sales synergies between RSI and Honeywell, often targeting the same alarm dealers,” Hauhn said.

Honeywell and UTC?

 - 
Wednesday, February 24, 2016

Honeywell is reportedly shopping its Building Solutions Group, according to a report today in the Wall Street Journal. The Honeywell Building Solutions business, which the WSJ says is worth between $3 billion and $4 billion, provides security systems integration and other services to commercial buildings globally.  

It is a separate business unit from Honeywell Security and Fire (HSF), but they are both part of the Automation and Control Solutions unit. Alex Ismail is the president and CEO of the $14 billion Honeywell Automation and Control Solutions division.

The Wall Street Journal says Honeywell has hired Goldman Sachs Group to work on the sale, which has been ongoing for about three months.

Earlier this week, reports surfaced that Honeywell was in talks to merge with UTC. While those reports were followed by comments from UTC that they deal would run into trouble with anti-trust regulations, the Wall Street Journal today said “Honeywell has signaled that it isn’t ready to give up yet on a merger with United Technologies, which would be one of the biggest deals at a time when such activity is booming.”

Would Honeywell sell the building solutions business if it does merge with UTC? The Wall Street Journal report asked that question to itself and answered “I don’t know.” It also added this editorial caveat: “In any event, as always, there may be no deal at all.” 

According the WSJ report, Honeywell is working with Centerview Partners and Lazard on the UTC deal, while UTC is working with J.P. Morgan Chase & Co

Honeywell buys smoke detection business

Deal will incorporate Xtralis into Honeywell’s Security and Fire division
 - 
02/05/2016

MELVILLE, N.Y.—Honeywell announced on Feb. 4 it will acquire Xtralis, a smoke detection, security and video analytics company, for $480 million.

Icontrol expands its developer program

Company credits cloud integration capability for the six added companies
 - 
01/12/2016

REDWOOD CITY, Calif.—Icontrol added Honeywell, LG Electronics and other big names as integration partners in early January.

Honeywell survey: Two-thirds feel unsafe at home

Security is key driver for at-home connectivity, company says
 - 
12/04/2015

MINNEAPOLIS—An email survey from Honeywell found that of 1,031 U.S. adults, two-thirds felt unsafe in their own homes.

Microsoft's Michael Korgan to keynote Cloud+

Korgan to discuss how physical security integrators, end users and manufacturers can profit from cloud
 - 
10/23/2015

FOSTER CITY, Calif.—Michael Korgan, Microsoft National Security Officer, will be the keynote speaker at Cloud+, the first ever physical security conference dedicated to cloud-based security technology, conference organizers announced today. Cloud+ will take place here in Silicon Valley, Dec. 7-8.

Home automation should be smart, but simple

 - 
07/16/2015

YARMOUTH, Maine—Home automation experts have heard the message loud and clear: simplify, simplify, simplify.

IoT ripe for monitoring

It’s not a threat but an opportunity, ESX panelists say
 - 
07/15/2015

BALTIMORE—Consumers with home automation systems most trust security companies to monitor them, according to “Monetizing the IoT” panelists at ESX 2015. That’s a fact that the industry needs to embrace for future success, they said.

Pages