Honeywell doubles down on IoT

Honeywell can be found in Hall 7 at stand CC2-5A at GITEX Technology Week 2016.

Tags: Honeywell Middle EastUnited Arab Emirates
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Honeywell doubles down on IoT	Norm Gilsdorf, president, Middle East, Russia and Central Asia, Honeywell.
By  Alexander Sophoclis Pieri Published  October 16, 2016

With internet of things (IoT) related spending expected to reach $6.6 billion this year, according to IDC, global technology solutions giant Honeywell is betting big on connected solutions again at GITEX Technology Week 2016.

The company's range of applied connectivity solutions this year includes wifi thermostats, mobile-based security systems and cloud and voice-based workforce solutions.

Technology will be key to the UAE's drive to enhance quality of life and sustainable growth, says Norm Gilsdorf, president, Middle East, Russia and Central Asia, Honeywell. "As a champion of smart technology, Honeywell is making the region's smart cities a reality, facilitating greener, safer and more productive buildings, homes and industries."

He adds: "Honeywell is helping make the Middle East's smart city visions a reality, and is facilitating greener, safer and more productive buildings, homes and industries through innovation and new technology development."

According to market intelligence firm Gartner, there are 6.4 billion connected devices in use worldwide this year. The figure has increased by up 30% from a year ago and there are 5.5 million new devices being connected every day. By 2020, the company forecasts that nearly 21 billion IoT devices will be in use.

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