Collaboration to assist construct technology-forward, resilient communities
ATLANTA – April 20, 2022 – Honeywell (Nasdaq: HON) introduced at this time it’s becoming a member of Metropolis Potential, the ecosystem pioneered by Mastercard that brings cities, corporations and communities collectively to determine widespread challenges and develop options that advance inclusive and sustainable city improvement. Honeywell’s participation will permit Metropolis Potential communities to extra simply work with Honeywell Metropolis Suite, a man-made intelligence-enabled platform, to advertise sustainable city improvement, improve citizen mobility, and create safer, extra resilient communities.
The announcement builds on Mastercard and Honeywell’s work with Egypt’s New Administrative Capital, the place the Honeywell Metropolis Suite and Mastercard’s digital cost options will make the New Administrative Capital the primary built-in good metropolis and first cashless metropolis in Egypt. Honeywell Metropolis Suite aggregates data from totally different verticals throughout the New Administrative Capital together with utilities, site visitors, surroundings, parking, emergency companies, security, and safety right into a single, unified digital platform and Mastercard facilitates digital funds.
“Cities world wide are evaluating how one can improve the resident expertise by bettering entry to metropolis companies,” mentioned Miguel Gamiño, government vice chairman, Enterprise Partnerships and Head of World Cities and Metropolis Potential at Mastercard. “By participating with corporations like Honeywell, we will broaden the vary of options we offer to the Metropolis Potential community and guarantee a secure and inclusive digital economic system.”
Metropolis Potential facilitates a framework the place members can draw on the collective experience and sources of all stakeholders concerned to duplicate modern options that deal with city challenges. The community has grown from 16 founding members in 2018 to greater than 330 corporations, metropolis members and candidate cities globally, together with AT&T and Citi Financial institution and cities like London, Los Angeles, and Buenos Aires.
“The potential for cities at this time is unprecedented given entry to expertise that may dramatically change the way in which residents expertise and work together with the cities by which they reside,” mentioned Matthew Britt, basic supervisor, Sensible Cities & Communities, Honeywell Constructing Applied sciences. “With a whole bunch of communities already linked to the Metropolis Potential community, we sit up for working with Mastercard to create options to assist make it simpler for residents to work together with metropolis companies they use from parking to paying utility payments with seamless transactions.”
Collectively, the choices may also help its cities meet environmental, social and governance (ESG) targets by bettering accountability and real-time monitoring and reporting of cashless funds for metropolis companies.
Honeywell Metropolis Suite Software program integrates knowledge from important metropolis infrastructure techniques corresponding to site visitors, streetlights, surroundings, emergency companies, public security and safety, and utilities right into a single, unified view. The Honeywell Metropolis Suite is deployed in 75 cities worldwide, serving to to enhance greater than 100 million lives.
About Honeywell Constructing Applied sciences
Honeywell Constructing Applied sciences (HBT) is reworking the way in which each constructing operates to assist enhance the standard of life. We’re a number one constructing controls firm with operations in additional than 75 nations supported by a worldwide channel associate community. Industrial constructing house owners and operators use our {hardware}, software program and analytics to assist create secure, environment friendly and productive amenities. Our options and companies are utilized in greater than 10 million buildings worldwide.
Honeywell (www.honeywell.com) is a Fortune 100 expertise firm that delivers trade particular options that embody aerospace services and products; management applied sciences for buildings and trade; and efficiency supplies globally. Our applied sciences assist plane, buildings, manufacturing vegetation, provide chains, and staff develop into extra linked to make our world smarter, safer, and extra sustainable.
About Mastercard
Mastercard is a worldwide expertise firm within the funds trade. Our mission is to attach and energy an inclusive, digital economic system that advantages everybody, in all places by making transactions secure, easy, good and accessible. Utilizing safe knowledge and networks, partnerships and keenness, our improvements and options assist people, monetary establishments, governments and companies understand their biggest potential. Our decency quotient, or DQ, drives our tradition and every little thing we do inside and outdoors of our firm. With connections throughout greater than 210 nations and territories, we’re constructing a sustainable world that unlocks priceless potentialities for all.
SOURCE: Honeywell
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