Honeywell and SAP are partnering to create a joint cloud-based solution based on Honeywell Forge, the company’s enterprise performance management offering. The SAP Cloud Platform will streamline and combine operational and business data to support better decision-making and drive greater efficiencies.
The companies’ first area of focus will be the real estate industry, where building owners often need to pull data from disparate sources that are not normalized. This makes it extremely difficult to determine the true efficiency and utilization of their portfolios.
Honeywell Forge and the SAP Cloud for Real Estate solution will provide corporate real estate owners and building operators with aggregated financial and operational intelligence for their portfolios.
The solution will enable customers to benefit from building performance optimization, including reduced carbon footprint and lower energy costs, as well as improved tenant experience.
A powerful, intuitive dashboard will be powered by both companies’ cloud platforms and will guide owners on real-time key performance indicators, including how sustainable the building is.
The companies’ first area of focus will be the real estate industry, where building owners often need to pull data from disparate sources that are not normalized. This makes it extremely difficult to determine the true efficiency and utilization of their portfolios.
Drawing on the power of the Honeywell Forge autonomous buildings solution and the SAP Cloud for Real Estate solution, the new offering will enable facility managers and building owners to reposition their portfolios through cost savings and newly identified efficiencies, while also helping to improve tenant experience.
Honeywell Forge powers a new AI-driven autonomous control capability that makes automatic adjustments to maintenance, comfort and sustainability.
“Our partnership will significantly change the game in digital and intelligent real estate management,” said Christian Klein, CEO, SAP. “Customers will greatly benefit from the single holistic view provided by our offering dashboard. With the addition of Qualtrics, companies can also collect employee sentiment data to provide a complete 360-degree experience measurement while optimizing occupant productivity, building performance and their entire real estate portfolio. With embedded artificial intelligence and data analysis, our solution will enable managers to determine their optimal office use and adjust their portfolios to reflect varying economic, environmental and regulatory conditions.”
For more information about this collaboration, visit www.sap.com.