IIoT dominates discussions at Honeywell Technology Day 2019 in Riyadh

IIoT dominates discussions at Honeywell Technology Day 2019 in Riyadh
Published: 14 October 2019 - 2 a.m.
Honeywell addressed Saudi Arabia’s growing demand for Industrial Internet of Things (IIoT)-enabled technologies during a smart building and city technology showcase event in Riyadh.

Honeywell Technology Day 2019 was attended by VIP guests including Ahmad Aalem, head of strategy at The Red Sea Development Company, in addition to smart building and city decision makers from the public and private sectors.

Focused on the future of Saudi Arabia’s smart buildings and cities, the event demonstrated the firm’s latest software solutions that drive optimised operations, as well as improved safety and security for building owners, operators and occupants.

Building and city stakeholders discussed how products could help elevate Saudi Arabia’s buildings in verticals such as airports, hospitality, healthcare, industrial and multipurpose buildings.

“Saudi Arabia is implementing a clear set of strategic objectives aimed at boosting the economy and transforming the lives of citizens as part of Saudi Vision 2030,” said Fahad Alajlan, president for Honeywell in Saudi Arabia and Bahrain.

“Having been in Saudi Arabia for more than 50 years, Honeywell is supporting these goals through a blend of digitally focused solutions, and the ability to combine and apply our global expertise with our local market knowledge.

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“We continue to help empower the Kingdom by deploying advanced IIoT technologies as critical enablers of building and city operations to deliver levels of operational intelligence that were previously unobtainable.”

Recent research highlights how 65% of medium-to-large organisations operating in the buildings and cities sector across Saudi Arabia and the UAE believe IIoT technologies are critical to business operations, or will become so in the next five years.

The research also noted that executives in both countries reported a growing appetite for investments in cybersecurity, with 72% of respondents looking to boost spending in the half decade.

George Bou Mitri, vice president and general manager for Honeywell Building Technologies in the Middle East, Turkey and Africa said: “Regionally, it is forecasted that annual smart city technology spend is expected to double from $1.3billion to $2.7bn over the next four years, with Riyadh named as a key city in leading the way.

“Across the world, more than 10million buildings currently benefit from Honeywell’s advanced data analytics and cloud-based technologies, and in Saudi Arabia we are implementing these solutions safely and securely across airports, hospitals, universities, hospitality, industrial and multipurpose buildings.

“As IIoT adoption increases, so too does our focus on implementing robust cybersecurity solutions.

“We continue to work with our customers to integrate rigorous cybersecurity systems to ensure building operations are protected.”

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