President, Honeywell Process Solutions

VIMAL KAPUR

Welcometo

TRAVEL

INTERACT

SHOP

ENTERTAIN

Change is all around us…

The Speed of Business is Accelerating:

• Everything in real time

• Dynamic business environment

• Shorter career length / faster training

Increased Speed of Market

“Right Now”

Technology has Transformed the Process Industry:

• Connected sensors

• Virtualization

• Cloud computing

• Wireless

New disruptive technologies

“The Right Tech”

Increase in Nelson Refining Complexity Rating over the last 20 years*

Complexity

+45%

Increase in cost to raise capital for major US pipeline company ’14 vs ‘15

Cost of Capital

4x

Average pulp mill capacity evolution in Europe in the last 20 years

Av. Capacity

+75%

Drop in injury rate in developed O&G markets since 2008

MANAGE

PROTECT

MONITOR

OPERATE

Change is a must as the

Minimum to Competeis constantly being raised

-33%

TRIFR

>20102000’s 20101970’s 1990’s1940’s 1960’s

The Right Technology at the Right Time

• New project approaches: faster & more affordable

• New business approaches: outcome-based

• Innovative Lifecycle Extension Solution

• Industry Collaboration for Improved Alarm Management

• Increased Operator Effectiveness across control system & Field Instruments

History of Positive Disruption:

Honeywell Has Been a Major Contributor to Industry Disruptions

• Historian

• Improved software based functionality

• Remote operations

• Data diagnostics

DEVICES

AUTOMATION CONTROL

OPERATION MANAGEMENT

BUSINESS PLANNING & ERP

• IIoT / cloud computing• Software controllers

Solid State Accelerometer (tech used later in pressure sensors)

TDC 2000

LEAP

A360

Cyber Security

ExperionR100

TDC 3000• Panel board graphic display

• DCS (minimal sequential / discrete operation)

• Electronic controllers

• SCADA

• PLC

• Pneumatic controllers

• CRT as operator stations

• Pressure / temperature sensors

• PC introduced in market

• Computers

Orion Console

One Wireless

Universal I/O

Smart Transmitter

Safe Controller

Plant Cruise

Mobility

UniSim

DynAMo

Profit Controller

Honeywell Major Breakthroughs

Honeywell Transformation: New Project Approaches

LEAP Makes Projects Faster and More Affordable

Lean Execution of Automation Projects

Benefits:

30% capital reduction for automation portion of project

Gain 25% flexibilityin your schedule

Commissioning time reduction from 6 to 1 day with new remote modular cabinets (60 loops)

• Standardization

• Simplification

• Minimization

Universal IO

VirtualizationCloud

Engineering

Universal IO

VirtualizationCloud

Engineering• Parallel Project Implementation

• Globalization

Honeywell Transformation: Outcome Based Services

Assurance 360 Focuses On Outcomes

“With Assurance 360, we now have the same motivations and goals.”

Key Customer Leader

Case Study: International Chemical Company

Benefits:

• Reduced the number of incidents by half

• Reduced time spent resolving incidents from 28 days (3 FTE) to 1½ days (1 FTE)

Maximize Process Control Investments Through:

• Outcome-based services

• Best practices implementation

• Coverage throughout product lifecycle

• Risk and change management

• Optimized performance and uptime

25+ A360 Contracts Signed in 2015

Honeywell Transformation: Innovative Lifecycle Extension Solution

On Process Migration (OPM) Maximizes Uptime Benefits:

Case Study: Electric Utility Company in EMEA

• Successful migrations of 6 plant clusters

• With ZERO disturbance in plant operations

PeopleResources supporting

equip retiring

PartsLegacy spare parts

availability

Opportunity CostLoss of production

due to shutdown

Issues as Systems Near Obsolescence

On Process Migration (OPM)

Can proactively help you avoid…

The “Perfect Storm”

Abnormal Situation Management (ASM) in Plants

Benefits:

Data Gathering: 20+ YEARS experience in the process industry and gathering data

Predictive Analytics

• HON safety analysts / data scientists

• Developed proprietary pattern recognition algorithms

Benefits:

• Reduction in overall and nuisance alarms by up to 80%

• 40%+ improvement in time to solve problem

• Faster recovery from abnormal situationsLeading to an IIoT Intelligent

Offering Suite

• Alarm management

• Early event detection

• Events monitoring

• Simulation training

• User friendly graphics

Honeywell Transformation: Collaboration to Drive Safety Improvements

Honeywell Transformation: Improved Operator Effectiveness

Experion Orion Console Benefits:

Case Study:

Effective visual workplace worth $1M/yr for ethylene plant

• 35% faster response to abnormal situations

• 26% increase in rate of resolution of abnormal situations

Industry Leading Operator Interface

Multi-touch panel for operator navigation & control

Integration with alarm mgmt, advance control, & operation data

Single visual workspace

Flexible layouts of displays & applications

Single action orchestration of

complex processes

Honeywell Transformation: Higher Integration

Digital Integration of Field Devices Benefits:

• Start-up your facility sooner

• Significantly cut your lifecycle cost

• Operate at peak performance

Auto Device Commissioning

Integrated Design Tools

Transmitter Messaging

Device Dash-Boards

Industry Leading SmartLine Transmitters

Further Enhanced with EPKS Integration

Connected Machines

Connected Workers

Connected Operators

Connected Contractors

Connected Vendors

Connected Channels

VALUE

Industrial Internet of Things unlocking value that couldn’t be unleashed before

HPS business has been involved with

process data management for more than

40 years and has more than 90 million

connected products and solutions

Internet + Process Automation

FutureToday2000’s 20101970’s 1990’s1940’s 1960’s

IIoT• Cloud computing• Software controllers• Predictive control

IIOT & CLOUD

DEVICES

AUTOMATION CONTROL

OPERATION MANAGEMENT

BUSINESS PLANNING & ERP

Maximizing Customer Values through Disruptions

Significantly Influencing the Industry

• Historian

• Improved software based functionality

• Remote operations

• Data diagnostics

Solid State Accelerometer (tech used later in pressure sensors)

TDC 2000

LEAP

A360

Cyber Security

ExperionR100

TDC 3000

• Panel board graphic display

• DCS (minimal sequential / discrete operation)

• Electronic controllers

• SCADA

• PLC

• Pneumatic controllers

• CRT as operator stations

• Pressure / temperature sensors

• PC introduced in market

• Computers

Orion Console

One Wireless

Universal I/O

Smart Transmitter

Safe Controller

Plant Cruise

Mobility

UniSim

DynAMo

Profit Controller

Honeywell Major Breakthroughs

Honeywell Leveraging IIoT to Drive Excellence

Focused Around:

Efficiency Safety

Reliability Utilization

HPS to Remain Relevant to Customers in a Changing Climate

Accelerating Project Start-Up; Reduce CAPEX & OPEX Costs

The Evolution of LEAP

CHALLENGE

SOLUTION

Universal IO

VirtualizationCloud

Engineering

Cloud Enabled

Execution

Universal Connected

Assets

Edge Device

Integration

Universal IO

VirtualizationCloud

Engineering

Universal IO

VirtualizationCloud

Engineering

Build – Run – Optimize • Virtualization & Hardware Independence• Cloud Engineering w/ Smart Test in VEP• Automated Documentation & MOC• Cyber Security Solutions w/ Risk Mgr

• Ethernet Interface Module • Universal Channel Technology• Universal Wireless IO

Right Integration for Right Application

• ControlEdge™ PLC• EPKS as ECMS• 3rd Party Skid Integration• Experion Profit Controller• Automated Device Commissioning

Simplify Integration for Edge Control

CHALLENGE

SOLUTIONComprehensive Suite to Provide Secure Connectivity to Multi Vendors Equipment

Aggregating Data from Multi-Vendor Equipment

HPS to Remain Relevant to Customers in a Changing Climate

OPC UA

• 4G (futureproof)• Low power• Compact• Hazardous locations• 5 years of life w/

single D size battery

Every Solution to Any Process Data

• Platform neutrality to run on any operating system

• Future-ready and legacy-friendly

• Easy configuration and maintenance

Cloud Link RTU 2020

• Designed for harsh & remote environments w/ low power consumption

• Native redundancy, expanded I/O modules, and wireless I/O

Leveraging Plant Data to Drive Secure CollaborationCHALLENGE

SOLUTION

HPS to Remain Relevant to Customers in a Changing Climate

Mobility Platform: Pulse

Alerts That Interest You

Timely Delivery with Appropriate

Content

Act on AlertsBrowse

Historians

I just got

a Pulse™

Enhancing Productivity in OperationsCHALLENGE

SOLUTION

HPS to Remain Relevant to Customers in a Changing Climate

Distributed Assets in the Cloud

• Fully unwired terminal

• Better terminal and inventory utilization –JIT inventory planning

• High scalabilityand modularity

• Portable control room

• Reduce hardware & software obsolescence

• No back-up site required

• Troubleshoot remotely through your mobile

• Flexibility – add, turn-off, & configure assets faster

• Situational awareness for all assets

• Remote operations to drive efficiency

Remote Gas WellsTerminals in the Cloud Pipelines in the Cloud

Improving Uptime and Lifecycle Cost of ApplicationsCHALLENGE

SOLUTION

HPS to Remain Relevant to Customers in a Changing Climate

Cloud-Enabled Applications

What Our Customers Have Put in the Cloud

• PHD

• Production Accounting

• Logbook

• Operations Monitoring

• Optivision

What We are Enabling on HON Cloud as Saas / Paas

Connected Performance

Services Analytics

Cloud Historian

Generic Simulators

on the Cloud

Connected Plant Services (CPS)Proven Impact: $5-15M per site, per year

CHALLENGE

SOLUTION

Honeywell to Remain Relevant to Customers in Changing Climate

Maintaining Operations Profitability in a Volatile Environment

Customer Site

Local Service Enablement

Simulation

Iterative Optimization

Actions

SECURED DATA

Insights &Recommendations

1

2

4

1 2 Information Flow & Decision Making

Expert Support

3

CHALLENGE

SOLUTION

HPS to Remain Relevant to Customers in a Changing Climate

Protecting Assets Against Cyber Risks in Real-Time

Comprehensive Cyber Security Offerings

Audits & Remediation

Secure Network Refresh

Application Whitelisting

Risk Manager

Secure Media Exchange

Managed Security Services

HPS to Remain Relevant to Customers in a Changing Climate

Best in Class Customer / Channel Support

CHALLENGE

SOLUTION

Improving Ease of Doing Business

HON SUPPORT COMMUNITY

A360 Dashboards

SoftwareDownloads

E-CommerceSpares & Parts

Support Portals

Channel Partner

Driving Real Value in the Areas that Matter the Most to You

Honeywell Commitment for The Future

Production Efficiency Process Reliability Safety

• Maximize production throughput

• Reduce OpEx costs

• Run the plant at peak performance

• Eliminate unplanned downtime

• Reduce risks and direct costs of plant incidents

• Regulatory compliance

Proven impact $5-15M per site per year

Typical savings of $7-20M per year

Cost savings $1.6B per site per year

Gains Not Possible With Conventional Methods Used Today

24

Overview

What’s NextThe Right Technology, Right Now

Day 1

Find OpportunityWin in a Volatile Market

Day 2

Embrace ChangeEngage & Empower the Next Generation

Day 3

Reality CheckJustifying Technology Today

Day 4