Honeywell and SAP are working together to improve building performance with integrated, cloud-based business and operational technology data.
 
They have combined Forge, Honeywell’s enterprise performance management offering, and the SAP Cloud for Real Estate to provide corporate real estate owners and building operators with aggregated financial and operational intelligence for their portfolios.
 
The aim is to streamline and combine operational and business data to support better decision-making and drive greater efficiencies.
 
The companies’ first area of focus will be the real estate industry, where building owners often need to pull data from disparate sources that are not normalised. This makes it difficult to determine the true efficiency and use of their portfolios.
 
Drawing on the power of the Honeywell Forge autonomous buildings product and the SAP Cloud for Real Estate, the offering will enable facility managers and building owners to reposition their portfolios through cost savings and newly identified efficiencies, while also helping improve tenant experience. Forge powers an AI-driven autonomous control capability that makes automatic adjustments to maintenance, comfort and sustainability.
 
As buildings come back online in the middle of the Covid-19 pandemic and economic crisis, owners are expected to focus on key performance indicators (KPIs) tied to enhanced occupant safety and reduced carbon footprint along with energy savings. By providing real-time access to these KPIs, the joint offering will help building owners optimise their operations to meet aggressive energy savings targets and reduce maintenance hours. For example, in the HVAC operation alone, which accounts for 35 per cent of total energy consumption in commercial buildings, an AI-automated system such as Forge can save up to 23 per cent in energy costs.
 
“Building owners today often struggle to get the real-time data they need to determine the true efficiency and utilisation of their portfolios,” said Darius Adamczyk, CEO of Honeywell. “Honeywell and SAP together will provide insights from the boiler room to the boardroom that make it easier for our customers to get a true picture of how to optimise building performance, lower carbon emissions to meet sustainability goals, reduce energy costs and help enhance occupant experience. Having this information readily accessible will allow our customers to generate tremendous business value while becoming more sustainable, and it will greatly enhance the appeal of their buildings to renters and tenants.”
 
The offering from Honeywell and SAP will provide easy access to a wider range of real estate data, including energy performance, security, maintenance, rent, taxes, location, regulations and lease terms. It will include: 

• Predefined extensible dashboards combining information technology and operational technology KPIs, leveraging artificial intelligence.
• Monitoring and reduction of annual energy spend, resulting in reduced carbon footprint and greater energy efficiency, even as maintenance hours decrease.
• Harmonised data architecture that connects building data from Honeywell with real estate and financial data from SAP.
• Combined human comfort KPIs with measured experience KPIs.

“Our partnership will significantly change the game in digital and intelligent real estate management,” said Christian Klein, CEO of SAP. “Customers will greatly benefit from the single holistic view provided by our offering dashboard. With the addition of Qualtrics, companies can also collect employee sentiment data to provide a complete 360-degree experience measurement while optimising occupant productivity, building performance and their entire real estate portfolio. With embedded artificial intelligence and data analysis, our solution will enable managers to determine their optimal office use and adjust their portfolios to reflect varying economic, environmental and regulatory conditions.”