Smart Buildings

Mapping the Strategic Direction of Honeywell in the Smart Buildings Space – Part 1

This Research Note examines the emerging strategic priorities of Honeywell in the smart commercial buildings space. We have mapped M&A, divestments, strategic partnerships and investment activity to ascertain the growth ambitions of the company, by categorizing the various business relationships by technology and investment type over a 3-year period.  This article, Part 1 of a 2-part analysis, is intended as a non-exhaustive indicator of the strategic direction of Honeywell Building Technologies between January 2020 and October 2022.  Honeywell Building Technologies with $5.5 billion revenues in 2021 is one of the top three global providers of building management systems, control products and energy management solutions and services. The business also offers a broad portfolio of fire, life safety and security systems. Their products, software and technologies are found in more than 10 million buildings worldwide. Our strategy mapping exercise highlights 16 partnerships, 3 acquisitions and 9 venture capital investments of relevance over the last three years. The commentary below highlights the key investments […]

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