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Honeywell Boosts Industrial Operational Integrity with New Alarm and Operations Management Technology

HOUSTON, Oct. 29, 2015: Honeywell (NYSE:HON) Process Solutions (HPS) today introduced its new DynAMo® Alarm and Operations Management software to help process industries better manage operations and alarms. By combining Honeywell's award-winning alarm management software with its operations management software, DynAMo now delivers operations integrity through better plant safety, availability, and compliance. The new solution provides a single unified platform and user experience for all operations integrity functions. It is also a scalable offering that allows customers to start with simple Alarm Management or Operator Logbook and adding other functions over time to enable a fully integrated Operations Integrity solution. Join us for a webinar on December 10 to discover what makes DynAMo the industry's #1 choice for alarm and operations management . "With more than 2,500 installations in more than 750 sites worldwide, DynAMo's large installed base demonstrates unparalleled customer confidence in a product that offers a wide range of field-proven benefits for a fast return on investment," said Tyron Vardy, product director, HPS Advanced Solutions business. "It can reduce alarms by up to 80 percent, and reduce root cause analysis time by 60 percent over conventional methods. It can also increase throughput by up to 8 percent and cut energy consumption by up to 5 percent, with a typical return on investment of less than 3 months."
"Alarm management concepts have been around for decades to help operators see pertinent alarms more clearly. However, the goal isn't about reducing alarms. It's about getting to the right decisions quickly," said Mark Sen Gupta, senior consultant ARC Advisory Group. "By integrating alarm management with operations management, this new solution from Honeywell should help reduce one of largest causes of incidents in the process industries: operator error."
DynAMo is one of HPS' many technologies that are ready to be integrated as part of Honeywell's industrial Internet of things (IIoT). DynAMo is now enabled by Honeywell Pulse™, a new mobile application that allows users to remotely monitor critical alarms or events. Honeywell Pulse sends customized, real-time plant performance notifications to a users' smartphone and provides connectivity and collaboration tools to assist with issue resolution. DynAMo is vendor neutral, working with any vendor's control system in addition to Honeywell's Experion ® distributed control system (DCS) platform. DynAMo Alarm and Operations Management was developed from Honeywell's deep experience supplying the world's largest installed base for operations management. It is a comprehensive set of software enabling best-in-class operational management, with rigorous compliance to global standards for alarm management and integrity operating windows, including API 584, EEMUA 191, ISA 18.2 and IEC 62682. DynAMo's unified, scalable solution is designed to solve any site's alarm and operations management issues. Functions of the full solution include advanced alarm management metrics, master alarm databases, integral DCS operator alarm help, operations monitoring for integrity operating windows, limit repositories and smart electronic shift logs for secure shift handover processes all seamlessly linked together to drive operational excellence. It also leads the industry in mobility, so getting the right information to the right people inside or outside of the control room has never been easier. As a result, users have experienced increased throughput, reduced outages and safety incidents, plus improved equipment reliability, lower maintenance costs while drastically reducing operator errors and oversights at critical shift handovers. Learn more about Honeywell's new DynAMo Alarm and Operations Management software. Honeywell Performance Materials and Technologies (PMT) is a global leader in developing advanced materials, process technologies and automation solutions. PMT's Advanced Materials businesses manufacture a wide variety of high-performance products, including environmentally friendlier refrigerants and materials used to manufacture end products such as bullet-resistant armor, nylon, computer chips and pharmaceutical packaging. Process technologies developed by PMT's UOP business ( www.uop.com) form the foundation for most of the world's refiners, efficiently producing gasoline, diesel, jet fuel, petrochemicals and renewable fuels. PMT's Process Solutions business ( www.honeywellprocess.com) is a pioneer in automation control, instrumentation and services for the oil and gas, refining, pulp and paper, industrial power generation, chemicals and petrochemicals, biofuels, life sciences, and metals, minerals and mining industries. Honeywell ( www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes, and industry; turbochargers; and performance materials. For more news and information on Honeywell, please visit www.honeywellnow.com . This release contains certain statements that may be deemed "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, that address activities, events or developments that we or our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are based upon certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements. We identify the principal risks and uncertainties that affect our performance in our Form 10-K and other filings with the Securities and Exchange Commission.