Honeywell has inaugurated an innovation hub, Honeywell Technology Experience Centre, at its Dubai headquarter, aiming to promote knowledge exchange and demonstrate the value by adopting Internet of Things (IoT) technologies
With estimates that almost 90 per cent of companies in the Middle East are failing to innovate sufficiently to drive growth and generate new revenue streams, the new innovation hub leverages Honeywell?s deep global expertise and industrial knowledge base to help unlock opportunities for value creation through digital transformation initiatives.
A wide range of industries, ranging from oil and gas, petrochemicals and manufacturing to smart buildings and cities, transportation, aviation, supply chain and logistics, will be able to take services from this facility.
Speaking at the inauguration, Norm Gilsdorf, president at Honeywell for the Middle East and Russia, commented, ?Many companies in the region find that reaping the benefits of IoT can be a challenge owing to a lack of know-how on how these technologies can be deployed in practice.?
?By leveraging Honeywell?s deep domain expertise and leading industrial cybersecurity experience, we look forward to working with forward-thinking visitors who are keen to understand and advance digital transformation in the region,? Gilsdorf added.
With regional investment in IoT-related technology set to reach US$12.6bn in 2021, up from US$6.99bn in 2018, the Honeywell Technology Experience Centre serves as a platform to engage with stakeholders from the UAE and Gulf States, as well as Turkey, Russia, Central Asia, India and Africa.
Interactive activities at the Centre are tailored to industry-specific interests that allow visitors to take control of an industrial control room, oversee the security, safety and productivity of a modern skyscraper, learn how a connected city works, or test their skills at flying an aircraft simulator equipped with advanced connected technologies.
Besides this, Honeywell also recognises the need to secure and protect increased data sharing. To promote new opportunities while managing threats, the Centre is co-located with the Honeywell industrial cybersecurity centre of excellence (COE), which was formally launched in February 2018.
The Honeywell Technology Experience Centre joins existing locations in Washington DC and Shanghai, enabling global visitors to gain first-hand experience of the potential of IoT and learn how industrial digitalisation is positively shaping the world.