Honeywell, Qualcomm expand collaboration to develop AI solutions

Honeywell (HON) and Qualcomm Technologies (QCOM) announced an expanded collaboration to develop new artificial intelligence (AI)-enabled solutions for the energy sector. The design and development of these solutions with Qualcomm Technologies supports Honeywell’s alignment of its portfolio to three compelling megatrends, including automation. Through the collaboration, Honeywell intends to incorporate Qualcomm Technologies’ connectivity and AI capabilities into Its existing AI-powered applications, such as the Honeywell Field Process Knowledge System. By integrating these capabilities, Honeywell’s Field PKS will better be able to help provide connectivity to remote corners of plant and manufacturing facilities and enable greater data capture and analytics at the edge. Qualcomm Technologies’ portfolio of low power AI-enabled processors with native wireless connectivity, software, and computer vision combined with Honeywell’s extensive portfolio of sensing technologies will enable the development of a family of industrial sensors used for monitoring process parameters, asset parameters or environmental conditions. These new capabilities will help deliver more information to field and service technicians, enabling faster delivery of answers that can result in time savings, greater accuracy, and interactive results.