Honeywell (NASDAQ: Hon) and Analog Devices, Inc. (NASDAQ: ADI) announced the signing memorandum of cooperation during the 2024 International Consumer Electronics Show (CES), which aims to explore the existing wiring without changing digital connection technology through upgrading digital connection technology. That is to realize the innovation and change of commercial buildings, to help reduce costs, avoid waste, and reduce shutdown time.This strategic cooperation introduces digital connection technology to the building management system for the first time.

Many commercial buildings in the United States have been outdated and inefficient. According to data from the US Energy Information Administration (EIA), most of them were built before 2000.In addition, as companies are relying on network technology to transmit data and the amount of data transmitted is increasing, this has led to a surge in the demand for cloud storage and processing speed.The digitalization of the building management system will enable managers to make decisions in real time to reduce energy consumption and upgrade the network performance and security of the building to the current Internet protocol network without paying high costs caused by large -scale transformation.

Martin Cotter, senior vice president of ADI Industry and Multi -Marketing Business and President of ADI EMEA, said: "For more than ten years, ADI and Honeywell have promoted waves of innovation. We are extremely happy to see that ADI technology will not only be applied in the field of factory automation, but also enter Honeywell's building management system to help customers reduce building energy consumption, thereby saving funds, improving adaptability, and helping to achieve emission reduction goals. "

Honey VenkataAyalu, Chief Technology Officer of Honeywell: "Honeywell is innovating the building management system to help building owners to respond to today's severe challenges. Cooperation with ADI will allow building owners Wiring, saving labor costs, reducing environmental impact. "

Honeywell plans to use ADI's T1L T1L single -pair Ethernet and software to configure input/output (SWIO) solutions in its building management system.ADI's single -pairing Ethernet supports long -distance Ethernet connection, which can reuse the existing wiring of the building, thereby reducing the installation time and cost and avoiding waste.At the same time, the single -paired Ethernet can effectively supplement the existing Ethernet connection in the building management system, enhance the connection from the edge to the cloud, and help eliminate the data islands and make better use of assets.

The ADI solution also enables Honeywell to create a single version of a single version of products for different demand, reducing the complexity of the product, thereby achieving future control and automation solutions to adapt to possible future building transformation or demand changes.This helps improve product installation speed, reduce inventory demand, and make the replacement adjustment more economical and convenient.