Press Release: Dover Energy Automation Announces Collaboration with Honeywell
Dover Energy Automation Announces Collaboration with Honeywell to Offer Industrial Internet of Things Around Asset Integrity Management (Dover brings expertise in condition monitoring and asset optimization to Honeywell's IIoT Ecosystem)
The Woodlands, Texas - Dover Energy Automation, an operating company within the Dover Energy Segment of Dover Corporation (NYSE: DOV), and Honeywell (NYSE: HON) today announced they will collaborate as part of the Honeywell INspire™ program on an Industrial Internet of Things (IIoT) ecosystem to help energy industrial customers improve the safety, efficiency and reliability of their operations.
Dover Energy Automation’s deep domain knowledge in condition monitoring and asset optimization, combined with Honeywell’s capabilities in data consolidation, cyber security and software development, combine well to offer a robust IIoT ecosystem that is designed to help customers solve previously unsolvable problems. The larger, consolidated data set that will be formed as a result of this collaboration, will allow manufacturers to apply higher analytics and achieve more detailed insights, scale the data as needed to meet the varied needs of single-site or enterprise-wide operations and leverage a wider pool of data experts for monitoring and analysis.
Ali Raza, president, Dover Energy Automation, said, “We are excited to create an unparalleled partnership with Honeywell that will leverage our expertise in intelligent productivity tools and condition monitoring. With our support, we will help Honeywell’s IIoT Ecosystem on behalf of customers to minimize unplanned shutdowns, maximize output, minimize safety risk and optimize supply chain strategies. Together, we look forward to offering current and future customers more robust solutions and impactful improvements in their operations.”
It is clear that a robust ecosystem is key to being able to successfully implement an effective IIoT solution for manufacturers,” said Andrew Hird, vice president and general manager of Honeywell Process Solutions’ Digital Transformation business. “Having the deep domain knowledge and experience available across a range of applications to quickly and fully evaluate a plant’s needs cannot be overstated. Dover’s domain expertise in equipment condition monitoring and asset integrity management is superior and makes them an important partner in a differentiated ecosystem of collaborators that provide expertise for our customers.”
Dover Energy Automation is a recognized global leader in supplying products, intelligent productivity tools and related automation software for the energy sector that enables oil and gas operators to monitor predict and optimize performance to improve productivity. Dover Energy Automation’s products and solutions are marketed under multiple brands including Windrock monitoring and analytical solutions for rotating and reciprocating equipment, Quartzdyne downhole pressure transducers, and Well Site Automation suite of solutions for onshore well performance optimization.
Dover Energy Automation, an operating company within the Dover Energy Segment of Dover Corporation, is a provider of products, intelligent productivity tools and related automation software for the Energy sector. DEA enables Oil & Gas operators to monitor, predict and optimize performance to improve their productivity and return on investment. Headquartered in The Woodlands, Texas, DEA includes various operating companies and provides comprehensive product and automation solutions to global customers.
Dover Corporation (www.dovercorporation.com) is a diversified global manufacturer with annual revenues of $7 billion. We deliver innovative equipment and components, specialty systems and support services through four major operating segments: Energy, Engineered Systems, Fluids, and Refrigeration & Food Equipment. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for 60 years, our team of 26,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under "DOV."
Honeywell Process Solutions (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. Process Solutions is part of Honeywell’s Performance Materials and Technologies strategic business group, which also includes Honeywell UOP (www.uop.com), a leading international supplier and licensor of process technology, catalysts, adsorbents, equipment, and consulting services to the petroleum refining, petrochemical, and gas processing 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.honeywell.com/newsroom.
Dover Energy Automation