Honeywell Forge launches AI-enabled software to accelerate digital transformation

  • Industry News
  • May 30,24
Honeywell Forge Performance+ for Utilities delivers near real-time insight to help utilities improve grid operation and address variability associated with new energy sources.
Honeywell Forge launches AI-enabled software to accelerate digital transformation

Honeywell introduced Honeywell Forge Performance+ for Utilities, a  platform designed to help utilities improve their operations and enhance performance of existing utility grid assets and IT investments. The integration of automation software for utilities supports Honeywell’s alignment of its portfolio with the automation and energy transition megatrends.
 
The new solution is built on Honeywell Forge, which incorporates artificial intelligence (AI), machine learning, and digital twin capabilities intended to help utilities monitor assets, effectively identify root-cause, and introduce predictive analytics to become more proactive with grid asset management. Forge Performance+ for Utilities also enables automation processes like demand response and distributed energy resource management to increase grid reliability and stability.
 
“Honeywell Forge Performance+ for Utilities is designed to enhance existing systems, providing greater value to utility companies’ investments and supporting a seamless combination of capabilities from various tools into a single, reliable platform," said Hamed Heyhat, President, Honeywell Smart Energy and Thermal Solutions (SETS). “Through the power of digitalisation, utilities will now have access to more quality data to better serve their customers and assets.”
 
Most traditional utility distribution grids were designed over a century ago to support highly predictable top-down generation and distribution of energy, water, or gas to consumers, leading to a lack of data or siloed data. Today, utilities face new challenges ranging from interpreting massive amounts of Advanced Metering Infrastructure (AMI) data and grid asset data to managing the accelerating adoption of less predictable Distributed Energy Resources (DERs). These renewable energy sources include solar panels, wind turbines, energy storage systems and electric vehicles.
 
Honeywell Forge Performance+ for Utilities delivers near real-time insight to help utilities improve grid operation and address variability associated with new energy sources. The solution also provides a ‘bottom up’ forecast of energy demand, available distributed power generating assets and controllable loads designed to provide heightened operational visibility. With this visibility, utilities are able to better balance energy supply and demand which contributes to grid reliability and resiliency.
 
“The industry needs an innovative solution to help store and digitalise the multiple data streams from complex utility infrastructures around the world,” said Ben Dawson, SECO Energy, a not-for-profit electric cooperative based in Central Florida. “Honeywell Forge Performance+ for Utilities’ ability to receive real-time actionable insights on one connected platform helps utilities better connect with their customers worldwide.”
 
The innovative platform integrates, organises, and visualises data from various sources to accelerate analytics processes and digitalise utility grid data into actionable, real-time business and operational insights. It can run a variety of applications, including those from both Honeywell and third-party partners such as SparkMeter.

Related Stories

Electrical & Electronics
TruBoard Partners launches TruGreen at REI Expo 2024

TruBoard Partners launches TruGreen at REI Expo 2024

TruGreen’s integrated approach encompasses all aspects of remote asset management—from monitoring and analytics to finance and compliance—empowering renewable energy providers to make informed..

Read more
Aerospace Defence
Cyient DLM secures Boeing contract for battery diode module for 787 Dreamliner

Cyient DLM secures Boeing contract for battery diode module for 787 Dreamliner

This contract represents the first project awarded to Cyient DLM by Boeing for the production of power electronics, alongside design and certification support for commercial aircraft, as stated in a..

Read more
Railways
On a fast-track growth

On a fast-track growth

On September 25, 2024, Make in India initiative completed 10 years. Lauding the country’s achievements in manufacturing, Prime Minister Narendra Modi, in a LinkedIn post, described the initiative ..

Read more

Related Products

78 Series Din Rail Terminal Blocks

ELECTRICAL & ELECTRONIC EQUIPMENT

Werner Electric Private Limited offers a wide range of 78 series din rail terminal blocks.

Read more

Request a Quote

Mig Welding Torches

ELECTRICAL & ELECTRONIC EQUIPMENT

ATE Welding Engineering Robotics & Automation offers MIG welding torches. Read more

Request a Quote

Puma Lift Electric Stacker

ELECTRICAL & ELECTRONIC EQUIPMENT

Puma Lift Trucks Pvt Ltd offers a wide range of puma lift electric stacker.

Read more

Request a Quote

Hi There!

Now get regular updates from IPF Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Industrial News on Whatsapp! Enjoy

+91 84228 74016

Reach out to us

Call us at +91 8108603000 or

Schedule a Call Back