https://www.honeywell.com/newsroom/news/2018/02/how-getting-conne...

https://www.honeywell.com/newsroom/news/2018/02/how-getting-connected-is-changing-4-industries

The Internet of things (IoT) has become a pretty big deal – and is about to get much bigger.

A recent IDC report has forecast global IoT spending to grow by more than 4 percent and top $1 trillion by 2020. But while we naturally get excited about internet-enabled refrigerators and TVs, the biggest impact is in the industrial sector, where IoT is changing the way the businesses around the world operate.

Modern industries are jammed full of technologies designed to make operations more efficient and productive. The problem is the data these technologies produce has, until recently, only been analyzed in isolation. The benefit of industrial IoT lies in the ability to connect all these devices up, and aggregate and analyze the data they produce from across the operation.

At our annual Investor Conference, we showcased how connectivity is entering an end-to-end experience in four key industries, incorporating our cutting-edge technologies.

On a larger scale, commercial buildings can harness IOT in a variety of ways, from proactively monitoring performance and utilization for predictive maintenance, to enabling building operators to monitor, orchestrate and automate safety, security, heating and lighting systems all from secure points of control.

The connected difference: Our technologies are already improving the performance of 10 million buildings and 150 million homes around the world. Whether it’s keeping people safe by intelligently identifying risks and controlling building shut downs and evacuations when a fire is detected, to intelligently managing heating and lighting based on occupancy to save energy and keep people comfortable, IOT is at the heart of the modern smart building.