Honeywell to Establish Software Center, Headquarters for Home and Building Technologies Business in Atlanta
September 12, 2016
At a press briefing today, Honeywell announced plans to establish a state-of-the-art Software Center and the headquarters of its newly-formed Home and Building Technologies business in Atlanta. The site will open by the fourth quarter of 2016 and the Company plans to staff it with more than 730 software-focused employees over the next five years. Most will specialize in software application development, including cloud computing and data analytics, as well as marketing and user experience, and will work on critical software projects across the company.
“Honeywell is thrilled to be launching a state-of-the-art agile software-driven product development center in Atlanta, Georgia to create leading edge software offerings based on the latest cloud, mobility, and analytics technology,” said Krishna Mikkilineni, Honeywell senior vice president of engineering, operations and IT.
“We develop some of the world’s most sophisticated software based products and solutions that play a major role in the Internet of Things, helping airplanes, automobiles, buildings, homes, industrial plants, warehouses, and workers stay connected, safe, productive and secure. Atlanta offers us access to some of the brightest and most innovative software talent in the U.S. At Honeywell, these engineers will have the opportunity to develop new solutions and offerings that impact industries, improve quality of life, and truly change the world.”
Home and Building Technologies (HBT) headquarters will be co-located with the new Software Center to driver further collaboration in connected offerings. Honeywell intends to staff its HBT headquarters with about 100 positions while continuing to maintain a strong presence in Minnesota.
“Honeywell Home and Building Technologies is excited to call Atlanta, Georgia as the new home for our global headquarters,” said HBT President and CEO Terrence Hahn. “Honeywell is a global leader for products and technologies that are installed in more than 150 million homes and 10 million buildings worldwide. These offerings enable homeowners to stay connected and in control of home comfort, security, fire systems, and air and water purification, and support building owners and occupants to ensure their facilities are safe, comfortable, and sustainable. Honeywell also is a pioneer in the Internet of Things, developing the next generation of connected offerings driven by some of the most talented software and user experience technologists around the world. We are confident that Honeywell’s HBT business group and Atlanta will be a great match."
Honeywell intends to invest $19 million in the site and anticipates receiving approximately $2 million in grants from the State of Georgia and Invest Atlanta, in addition to tax credits that will total more than $10 million, assuming all hiring is completed as scheduled.
About 60 percent of Honeywell’s growth over the next five years will be connected to software, and to support that growth, the company will continue making smart investments in software development capabilities, facilities, and talent. The new software center and HBT headquarters will benefit from the outstanding logistics, and strong technology community of the Atlanta area.
Georgia Governor Nathan Deal commented, "When innovative companies such as Honeywell choose to locate in Georgia, it is a testament to the state’s thriving technology sector and business-friendly climate. The University System of Georgia was instrumental in attracting Honeywell to our state and will continue to develop a strong workforce to meet the needs of innovative high-tech companies. Honeywell’s investment will maximize the technology-oriented talent of Georgia’s workforce and speaks to the state’s reputation as a premier destination for job creators."