 | Pioneering Excellence In Innovation
Right from the widely used thermostat, fire-alarm and other security solutions to the complex avionics in thousands of airplanes and spacecrafts, Honeywell is known for pioneering innovation. Honeywell, with its century long history of innovation, has around 11,000 active patents in the US and abroad. |
Prospecting Growth
Our vision on external collaboration is: | Real option creation with an intent to redefine innovation return on investment | | Enable innovation by plugging the gaps between idea generation to market introduction | | Incubate and realize best in class ideas |
In its journey towards the fructification of this vision, Honeywell approaches collaborative innovation through the knowledge based non-cash venturing mode
Our Collaboration Model
Honeywell Technology Solutions Lab’s technology partners are organizations that are specialists in an allied area or support area. We collaborate with other corporations that provide opportunities to share insights and supplement our capabilities with their own unique abilities and thus create unsurpassed value for our customers. This is done by developing and leveraging technology in complementary areas of automation and control and aerospace applications. Our technology partners gain from Honeywell’s expertise in technology/IP/patent licensing, technology acquisition, commercialization and transfer.
The Honeywell Experience
You have decades of Honeywell experience backing you up in your ventures through the knowledge based non-cash venturing model. We facilitate your innovation and growth initiatives by | Providing idea/technology commercialization support | | Providing mentorship and problem statements | | Providing infrastructural support on a case to case basis | | Leveraging the existing Honeywell vendor network for prototyping/fabrication | | Identifying potential application areas for existing products/solutions | | Supporting pilots that will clearly demonstrate the solutions sought in Honeywell areas of interest | | Providing guidance to scale up operations | | Providing an opportunity for association with the Honeywell brand | | Leveraging the existing Honeywell customer base for new products/solutions |
The Honeywell Expertise
Our domain expertise in the following areas of our core competencies is all yours to make use of: | Energy & Environment | | Security & Safety | | Healthcare | | Telematics, Repair & Overhaul | | Smart Materials | | Converged Building Automation | | Air Traffic Management | | IT Enabled Industrial Automation | | Agriculture | | Remote Infrastructure Management | | Water Management System | | Advanced Traffic Management Systems |
And what do we expect from you?
As is the case with any symbiotic relationship, from this non-cash venturing mode, here is what you can offer to us: | Reduce time-to-market for new products through your expertise and networking | | Provide exposure to a wide range of current, emerging, and new technologies, products, solutions, and service models | | Identify opportunities for Honeywell to engage in new business models | | Increase our access to global innovators and solvers |
To partner with Honeywell, please mail in to htsl-communication@Honeywell.com
For Start-Ups
As a start-up are you
| looking for ideas, concepts, problem statements? | | wondering how to validate, assess and develop the ideas or concepts you already have? | | groping in the dark for domain expertise crucial to your business concepts? | | waiting for opportunities to explore and understand the feasibility and commercial potential of your ideas or business concepts? | | struggling to come up with an intellectual property protection for your ideas? | | hunting around for customers? |
Through our non-cash venturing model, we can
| guide you with advice and mentorship | | identify application areas for your brainchild ideas and concepts | | empower you with the necessary infrastructure to experiment | | and much more. |
For Incubators
As an incubator are you | looking for successful ideas, problem statements and business concepts to incubate? | | searching for domain experts to support your incubation of technology based businesses? | | seeking out process related advice and mentorship? | | tyring to identify suitable markets? |
At Honeywell we can,
| help you with our vast domain expertise (click here to view the list of domains where we lead) | | spot problem statements to incubate and connect you with start-ups and entrepreneurs | | mentor you on processes like intellectual property protection | | identify markets for you to incubate businesses |
For VCs
As a VC are you
| scouting for high potential ideas, problem statements and business concepts to fund? | | looking out for suitable application areas to make your funded ideas commercially viable? | | searching for domain experts to support the start-up you are funding? | | helping out your start-ups in search of infrastructure or other assistance to prototype? |
Honeywell can
| spot problem statements to fund and connect you with start-ups and entrepreneurs | | identify application areas for your brainchild ideas and concepts | | help you with our vast domain expertise | | provide infrastructure support for the companies you fund |
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