Honeywell and SAP partnering to improve building performance
By Energy Manager Canada
The new offering will enable facility managers and building owners to identify efficiencies while also helping to improve tenant experience.
By Energy Manager Canada
Honeywell and SAP have teamed up to create a joint cloud-based solution based on Honeywell’s Forge enterprise performance management offering and SAP Cloud Platform that will combine operational and business data to 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.
Drawing on the Honeywell Forge autonomous buildings solution, the new offering will enable facility managers and building owners to identify 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.
As buildings come back online in the midst of the COVID-19 pandemic and economic crisis, owners are expected to focus on enhanced occupant safety and reduced carbon footprint along with energy savings.
By providing real-time access to these KPIs, the joint offering will help building owners optimize their operations to meet energy savings targets and reduce maintenance hours. For example, in the HVAC operation alone, which is known to account for 35% of total energy consumption in commercial buildings, an AI-automated system such as Honeywell Forge can save up to 23% in energy costs based on findings from several Honeywell pilots.
The solution from Honeywell and SAP will provide customers with access to a wider range of real estate data, including energy performance, security, maintenance, rent, taxes, location, regulations, lease terms and other costs. The solution will include:
- Predefined extensible dashboards combining information technology and operational technology performance indicators, leveraging artificial intelligence
- Monitoring and reduction of annual energy spend, resulting in reduced carbon footprint and greater energy efficiency, even as maintenance hours decrease
- A harmonized data architecture that connects building data from Honeywell with real estate and financial data from SAP