today’s honeywell

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2014 TODAY’S HONEYWELL Updated: October 2014

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Today’s Honeywell. Updated: October 2014. We are building a world that’s safer and more secure … more comfortable and energy efficient … more innovative and productive …. - PowerPoint PPT Presentation

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2014TODAY’S

HONEYWELL

Updated: October 2014

We are building a world

that’s safer and more secure …

more comfortable and energy efficient …

more innovative and productive …

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.

3 Today’s Honeywell

Overview

- Who Is Honeywell

- Honeywell in T&T

- How Does the Internet Benefit T&T’s Oil & Gas Sector

- Specifics of Internet Input

- The challenges of IT & Internet Use in Industry

- Honeywell’s Capabilities

How Does The Internet/TelecomsContribute to Trinidad and Tobago’s

Gas and Oil Sector?

Riard Mohammed & Adrian Manick

Oct 2014

4 Today’s Honeywell

Honeywell

Aerospace

Automation and Control Solutions

$39.1Bin sales for 2013

55%sales outside U.S.

Performance Materials and Technologies

• 1,300 sites, 68 countries

• 131,000 employees

• Morristown, NJ headquarters

• Fortune 100

5 Today’s Honeywell

Who Is Honeywell?

Highly Diversified, Technology Driven Industrial Company

Business Overview Great Positions In Good Industries

(2013 Sales, $B)

Honeywell’s technology is used to produce more than 60% of the world’s gasoline, 67% of the world’s paraxylene (a precursor for polyester), and 85% of the world’s biodegradable detergents.

Honeywell developed the first autopilot flight controller (1914), first commercial weather radar system (1954), first business jet turbofan engine (1975), and is still the leader in developing revolutionary technology for aerospace today.

Honeywell is the leader in gas detection, fire systems, personal protective equipment, building controls, home comfort and security, and scanning and mobility.

Honeywell pioneered automotive turbocharging 60 years ago and remains the industry leader launching, on average, 100 new turbo applications globally each year.

Businesses:

• Air Transport & Regional

• Business & General Aviation

• Defense & Space

• Transportation Systems

Headquarters: Phoenix, AZ

headquarters

Businesses:

• Building Solutions

• Environmental and Combustion Controls

• Industrial Safety

• Fire Safety

• Security Group

• Scanning and Mobility

• Sensing and Control

Businesses:

• Honeywell’s UOP

• Process Solutions

• Fluorine Products

• Resins and Chemicals

• Specialty Products

• Electronic Materials

Headquarters:Morristown, NJ

6 Today’s Honeywell

Global Reputation…

World Class Quality…

Trinidad & Tobago Excellence…

7 Today’s Honeywell

TT Installed Base – Strategic Importance

EOG Resources

BHP Billiton

Power Generation

Manufacturing

Puerto Rico US

Europe

Ammonia

Steel

Methanol

Industrial Gases

Domestic

Regional

International

Domestic

International

Gas Chain

Oil

Natural GasNGL's

LNG

Repsol, Petrotrin

8 Today’s Honeywell

“How Does the Internet/Telecoms Contribute to Trinidad and Tobago’s Oil and Gas Sector”

The Question?

9 Today’s Honeywell

• Business, Market & Competitive Intelligence• Business Automation• Safety• Operational Effectiveness• Supply Chain• Cost Reduction• Technical Collaboration & Support• Training• Security• Alerts & Notifications

Across The Corporation – Field to the Stock Market!

O&G Sector Activities Leveraging the Internet

10 Today’s Honeywell

• Challenges- Safety and Risk on offshore facilities

- Specialized training requirements

- Cost of flights, freight limitations

- Limited accommodation space and POB

- Wrench time, NUIs

Bring the equipment to the vendor !

Technical Support

11 Today’s Honeywell

• Remote Monitoring- Rotating machinery – lubricant levels, vibration, temperature

- Vessel and pipeline integrity – pressure, flow rate, erosion

- Power Systems – voltage/freq. fluctuations, duty cycle

- Control systems – loop performance monitoring, hardware faults

- Utilities – A/C performance

• Remote alerts, analysis and collaboration- SMS Alerts

• Remotely executed actions – backups, software updates

Preventative/Predictive Maintenance

12 Today’s Honeywell

• Teleconferencing (incl. video conferencing)- Within organizations; between business partners

• HelpDesks and ITIL compliant support- Vendors, specialist support contractors

• Fog Computing – where the cloud meets the ground- Big Data handling, MDCs

• Business Continuity & Disaster Recovery- Geographically distributed redundancy

Global Connectivity

13 Today’s Honeywell

Industrial Control Cyber Security Landscape

Cyber Cyber AttacksAttacks

Graying Workforce Contractors

Tribal ICS Knowledge

Employee Turnover

Remote Workers

Human Error

Mobile Devices

Removable MediaWireless

Microwave

Open Systems

Remote Access

Remote Sites

Network Connections

COTSComponents

Plain Text

Protocols

Computer Viruses

Hacking

Spyware

Worms

Trojan Horses

Spear Phishing

Malware

APTs

Impersonators

Insider Threats

CyberTerrorists

Nation States Hacktivists

TechnologistsOrganized

Groups

ChallengesChallenges

PeoplePeople

PerpetratorsPerpetrators

14 Today’s Honeywell

Industrial IT: Security Concerns

• Rise in cyber risk

- Increased malware

- Process control targets (Stuxnet, Shamoon, Flame, etc)

- Hacker/nation states

• Increased reliance (prevalence) on ‘Open Systems’

- Skewed ratio of people to computers in production environment

- Mission critical systems being managed by open systems

• Inability to deploy automatic/IT solutions due to proprietary/critical systems

15 Today’s Honeywell

Industrial IT Challenges

Increase in industry and government regulations or standards

16 Today’s Honeywell

Industrial IT Solutions

Assess against industry standards, regulatory requirements and best practices

Remediate focuses on the

actions needed to address

issues identified in the Assess

phase

Assure addresses methods to assure your Industrial IT solutions are functioning as designed

Manage refers to the

management of your Industrial IT

investment, including

network security

17 Today’s Honeywell

Honeywell’s Expertise

18 Today’s Honeywell

Questions

www.becybersecure.com