In this Research Note, we examine the Building Technologies business of Honeywell (HBT) based on their 2023 10K Report, investor presentations and commentary from their Q4 investor call. The strategic rationale for the Carrier Access Solutions acquisition is further discussed and significant investments and partnerships by HBT throughout the year are highlighted. Honeywell Products & Services Portfolio Honeywell Building Technologies products and services include advanced software applications for building control and optimization; sensors, switches, control systems, and instruments for energy management; access control; video surveillance; fire products; and installation, maintenance, and upgrades of systems. Launched in May 2023, the Honeywell Forge for Buildings software, hardware and services supports building owners and operators in achieving sustainability, operational efficiency, occupant experience, compliance, safety and security, and resilience goals. HBT 2023 Financials Honeywell Building Technologies Net Sales, 2023 10K Report Sales increased $31 million (1%) due to higher organic sales growth of $145 million in Building Solutions driven […]