Honeywell launched a new category of software, Enterprise Performance Management for Operations Technology. The company says the software will improve the way a variety of companies collect, analyze, and act on data from their operations. The software solution, called Honeywell Forge, converts massive quantities of data from equipment, processes, and people into intuitive, actionable insights that enable monitoring of enterprise operations from a single screen. In turn, this helps customers optimize the efficiency, effectiveness, and safety of their business.

According to the company, Honeywell Forge is designed to be quick and cost-effective to implement, with a hardware- and software-agnostic approach that allows for use of existing systems. Honeywell Forge leverages predictive analytics to help identify maintenance issues before they happen; enable workers to be more productive, proficient, and safe; reduce costs; and increase productivity. The company is developing Honeywell Forge to incorporate the latest cybersecurity protections.