Assurance 360 Helps Manufacturers Improve Uptime and Productivity by 40 Percent
November 03, 2016
Since its launch in 2014, Honeywell’s Assurance 360 services program has transformed control system maintenance and operations at industrial plants around the world. The Assurance 360 program is part of Honeywell’s Industrial Internet of Things (IIoT) portfolio of technologies that go beyond traditional transactional approaches to maintenance and support that prescribe quantities of materials or labor.
Through the tiered program, plants have reduced overall incidents, improving uptime and productivity, by as much as 40 percent. Assurance 360 was also designed to help facilities reduce production waste by up to 30 percent, cutting operating expenses and increasing output. These improvements help plants reduce their total cost of ownership by up to 20 percent.
The Assurance 360 program is part of Honeywell’s Industrial Internet of Things (IIoT) portfolio of technologies that go beyond traditional transactional approaches to maintenance and support that prescribe quantities of materials or labor.
An international network of performance experts provides on-site maintenance and support to Assurance 360 customers across the globe in industries that include refining, petrochemicals and mining. This SaaS approach enables Honeywell to provide the necessary hardware and software optimization to meet desired outcomes and achieve long-term goals—allowing manufacturers to focus on core business operations.
“With Assurance 360, manufacturers no longer worry about maintenance, support and updates for their control systems. Honeywell assumes responsibility for outcomes as a trusted partner,” said Steve Linton, Honeywell Process Solutions global director, Programs and Contracts. “These contracts transform how plant assets are managed, putting the focus on system performance and allowing customers to focus on operations. With increased competitive pressures and tighter margins, an increasing number of customers are finding they can benefit from the predictable cost structure and certainty of outcomes Assurance 360 provides.”