Expandability of product and service across different applications
+12
Variants of products and services as per different applications
+9
Breadth and Depth of Product Offerings
+11
Focus on Product Innovation
+10
Product Features and Functionality
+12
Product Differentiation and Impact on Customer Value
+14
Total R&D spend & its % for this particular product & services
+5
Unique Selling Proposition (USP) of product offered
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HONEYWELL Presence in
Industrial Control and Factory Automation Solutions
Honeywell is a fortune 100 diversified technologies and manufacturing leader, serving customers worldwide. The company is focusing on its growth by developing and investing in products. The company’s R&D activities have witnessed an exponential growth from 4.8% in 2015 to 5.5% in 2016. In June 2017, Honeywell launched the Experion Elevate, a SCADA platform that helps in reducing maintenance costs and improving plant efficiency. The acquisition of Nextnine Ltd. by Honeywell facilitated protection from attacks on cybersecurity and helped in remote monitoring of assets. The company has a strong geographic presence over the globe with its focus on the US and Europe.
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