DigitalCIO
No Result
View All Result
  • Home
  • Tech News
  • Market Insights
  • CIO Interviews
  • Events and Conferences
  • Opinion and Analysis
  • Resources
DigitalCIO
  • Home
  • Tech News
  • Market Insights
  • CIO Interviews
  • Events and Conferences
  • Opinion and Analysis
  • Resources
No Result
View All Result
Digitalcio
No Result
View All Result
Home Tech News

Honeywell And NXP Semiconductors To Help Enhance Building Energy Management

DigitalCIO Bureau by DigitalCIO Bureau
January 16, 2024
in Tech News
0
Honeywell And NXP Semiconductors To Help Enhance Building Energy Management
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Honeywell and NXP Semiconductors N.V. have announced at CES 2024 that they have signed a Memorandum of Understanding (MOU) to help optimize the way commercial buildings sense and securely control energy consumption.

According to the International Energy Agency (IEA), buildings’ operations contribute to 30% of global final energy consumption and 26% of global energy-related emissions, so decisions made today will significantly impact future energy use and potential savings. Today’s smart energy solutions increasingly leverage machine learning and data analytics to enhance buildings’ autonomy and energy efficiency.

The collaboration aims to help make buildings operate more intelligently by integrating NXP Semiconductors’ neural network-enabled, industrial-grade applications processors into Honeywell’s building management systems (BMS). The MOU will initially focus on the Honeywell Optimizer Suite, which offers a flexible, more future-proofed building control and automation platform.

More broadly, the efforts aim to deliver smart energy solutions powered by AI/machine learning and data analytics to enhance building autonomy, driving energy efficiency while guiding service technicians. The goal is to fully leverage NXP’s neural network-enabled i.MX chipset capabilities to further enhance Honeywell’s BMS product offerings.

“Buildings are increasingly relying on data and the ability to control operations via automation to make them more sustainable while operating more efficiently,” said Suresh Venkatarayalu, Honeywell’s chief technology officer. “NXP’s latest machine learning solutions will help us deliver excellence in building automation for our customers.”

“It has never been more important to increase the sustainability and comfort of smart buildings,” said Lars Reger, NXP Semiconductors’ chief technology officer. “NXP’s advanced portfolio of securely connected processing solutions are supported by easy-to-use tools for rapid AI model development and service platform for provisioning and managing IoT devices throughout the long building management lifecycle. This capability, combined with Honeywell’s expertise as one of the leading building management solution providers, marks an important milestone in our shared vision to enable a smarter, more connected world for all.”

Honeywell will build on NXP’s scalable semiconductor and software solutions, such as the i.MX 8M applications processors and i.MX RT crossover microcontrollers, to help securely observe, learn and adapt in real time, enhancing analytics and decision-making in the same on-site BMS equipment that manages critical building systems. Augmented by cloud-based big data analytics through the Honeywell Forge analytics solutions, buildings can increasingly leverage better foresight and insight for energy usage optimization to enable improved sustainability outcomes.

Tags: HoneywellNXP Semiconductors
Share30Tweet19
DigitalCIO Bureau

DigitalCIO Bureau

Recommended For You

NTT: Clear AI strategy leads to better financial results

by DigitalCIO Bureau
December 12, 2025
0
OurCrowd AI Fund to Collaborate with NVIDIA Inception

Organizations with a clear AI strategy achieve better financial results. Only fifteen percent of the companies surveyed fall into the "AI leader" category, characterized by a structured approach...

Read moreDetails

TCS Buys US Salesforce Consulting Firm Coastal Cloud

by DigitalCIO Bureau
December 11, 2025
0
Central Bank in US Selects TCS to Modernize its Core Technology

Tata Consultancy Services (TCS) has signed a definitive agreement to acquire 100% stake in Coastal Cloud, a leading Salesforce Summit partner that specializes in Salesforce Consulting for an all cash...

Read moreDetails

Vertiv completes acquisition of Purge Rite Intermediate

by DigitalCIO Bureau
December 11, 2025
0
Vertiv extends Liebert ITA2 UPS Range, providing flexible Edge and Smart IT power backup in India

Vertiv has completed the acquisition of Purge Rite Intermediate. Purge Rite provides mechanical flushing, purging, and filtration services for data centers and other critical facilities. The transaction, valued...

Read moreDetails

Kiteworks’ New Survey Reveals Critical Need to Shift From Legacy Web Forms

by DigitalCIO Bureau
December 8, 2025
0
Kiteworks’ New Survey Reveals Critical Need to Shift From Legacy Web Forms

Kiteworks has released its comprehensive 2025 Data Security and Compliance Risk: Data Forms Survey Report. The research of 324 cybersecurity, risk, IT, and compliance professionals exposes a stark...

Read moreDetails

Red Hat AI now runs on AWS Trainium and Inferentia chips

by DigitalCIO Bureau
December 5, 2025
0
Red Hat AI now runs on AWS Trainium and Inferentia chips

Red Hat has announced an expanded collaboration with Amazon Web Services (AWS) to power enterprise-grade generative AI (gen AI) on AWS with Red Hat AI and AWS AI...

Read moreDetails
Next Post
Framework For Developing a Generative AI Strategy

Automation Anywhere Launches New Benchmarking Services to Help Companies Maximize the Business Value of AI-Powered Process Automation

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Check Point Acquires SASE Security Firm Perimeter 81

Atlassian Acquires Video Messaging Platform Loom

October 13, 2023

Knowing the Facebook’s New Group Calling App – Catch Up

August 20, 2023
IBM Reimagines Content Creation And Digital Marketing With Adobe Firefly Generative AI

IBM Reimagines Content Creation And Digital Marketing With Adobe Firefly Generative AI

March 7, 2024

Browse by Category

  • Acquisition
  • Appointment
  • Archive
  • Artificial Intelligence
  • CIO Interviews
  • Cloud
  • Datacenter
  • Events and Conferences
  • Market Insights
  • News
  • Opinion and Analysis
  • Products
  • Resources
  • Security
  • Storage
  • Tech News
  • Telecom
Digitalcio

Welcome to DigitalCIO, your ultimate source for staying ahead in the ever-evolving world of technology and business.

BROWSE BY TAG

Acquisition AI Appointment artificial intelligence Artificial Intelligence and Machine Learning AWS Barracuda Big Data and Analytics Blockchain CISCO Cloud Computing Cloudflare Commvault CrowdStrike Cybersecurity Digital Transformation Dynatrace E-books Fortinet Gartner GenAI Generative AI Google Cloud IBM Infographics Internet of Things (IoT) Kaspersky Microsoft Netskope New Relic NTT DATA Palo Alto Networks Panel Discussion Qlik Salesforce ServiceNow Sophos Tenable Trend Micro Veeam Veeam Software Vertiv Webinars Whitepaper Zscaler

CATEGORIES

  • Tech News
  • Market Insights
  • CIO Interviews
  • Events and Conferences
  • Opinion and Analysis
  • Resources
  • Archive

NAVIGATION

  • Home
  • About Us
  • Advertise with Us
  • Contact Us

© 2024 digitalcio.in - All rights reserved.

No Result
View All Result
  • Home
  • Tech News
  • Market Insights
  • CIO Interviews
  • Events and Conferences
  • Opinion and Analysis
  • Resources

© 2024 digitalcio.in - All rights reserved.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?