Tag: honeywell

AI in retail could be a boom for the channel

Posted on August 18, 2023 by - News

Nearly 60 per cent of retailers will be signing up for artificial intelligence (AI), machine learning (ML) and computer vision (CV) products within the upcoming year.

This revelation stems from a recent Honeywell survey, which revealed a shift towards technology adoption that complements and empowers retail employees rather than replacing them.

The AI in Retail poll, encompassing a thousand retail directors occupying crucial roles in IT, operations and customer experience across regions such as the United States, Europe, the Middle East and Africa, uncovers a range of key findings.

Companies confident about sustainability goals

Posted on November 11, 2022 by - News

More than 60 percent of executives believe they can achieve their corporate sustainability goals over the next year, according to a recent global survey commissioned by Honeywell International.

Only 16 percent think they’ll do so primarily through technology-driven changes, such as upgrading or replacing existing systems with newer, more efficient or more sustainable technologies.

Most of them say they can hit their short-term goals mainly by modifying or eliminating operational processes or business behaviours.

Counterpath teams up with Honeywell

Posted on January 13, 2020 by - News

Unified Communications and Collaboration CounterPath has partnered with Honeywell to create Smart Talk which is a new Unified Communications (UC) software solution that enables organistions to streamline communications, increase productivity, and enhance customer experiences.

Basically it means that mobile workers to connect and collaborate on the devices they already use and is designed for shops, hospitals, lorries and distribution centres.

The move is part of the growing demand for rugged tablets which is projected to reach US$946 million by 2025, exhibiting a CAGR of 5.9 percent during the forecast period (2018-2025).

Palo Alto Networks gets high with a little help from its friends

Posted on February 26, 2016 by - News

ST-605Cyber security company Palo Alto Networks reported higher than expected second quarter results thanks to its partnerships which have been getting its foot in the door with companies and governments.

Palo Alto, which went public in 2012 and provides internet security and malware analysis products, has been grabbing market share from traditional firewall suppliers. Palo Alto recently boogied with Honeywell to protect industrial facilities and also signed a deal with peer Proofpoint to jointly provide security services to customers.

Palo Alto forecast a third quarter profit of 41-42 cents per share and revenues of $335 million-$339 million. Analysts thought the figure would be about $334.6 million.

The outfit is still running at a net loss of $62.5 million from $43 million. Revenues rose to $334.7 million from $217.7 million, above analysts’ expectation of $318.3 million.