Honeywell, NXP Partner on Building Efficiency Tech, CES 2024

The companies plan to use enhanced machine learning and autonomous decision-making to create more energy-efficient buildings

Scarlett Evans, Assistant Editor, IoT World Today

January 15, 2024

2 Min Read
Honeywell, NXP Semiconductors are partnering on smart building tech

Honeywell and NXP Semiconductors are collaborating to develop smart energy technology for commercial buildings, leveraging machine learning and autonomous decision-making to optimize energy consumption. 

The announcement was made at CES last week.

Under the collaboration, the companies will integrate NXP Semiconductors’ neural network-enabled, industrial-grade applications processors into Honeywell’s building management systems (BMS).

By combining these systems, the partners said they aim to use AI, machine learning and data analytics to make buildings more intelligent, increase building autonomy and, ultimately, drive energy efficiency. 

The partnership will initially focus on the Honeywell Optimizer Suite, which the companies say offers a flexible, “more future-proofed” building control and automation platform. 

Honeywell said it will then build on NXP’s scalable semiconductor and software solutions, to enhance analytics and decision-making in the same on-site BMS equipment that manages critical building systems. 

The companies said the announcement would “significantly impact future energy use and potential savings”, with the International Energy Agency finding buildings’ operations contribute to 30% of global final energy consumption and 26% of global energy-related emissions.

Related:Digital Twins, AI Ecosystems, Flying Vehicles: CES 2024 Trends

“Buildings are increasingly relying on data and the ability to control operations via automation to make them more sustainable while operating more efficiently,” said Suresh Venkatarayalu, Honeywell’s chief technology officer. “NXP’s latest machine learning solutions will help us deliver excellence in building automation for our customers.” 

“It has never been more important to increase the sustainability and comfort of smart buildings,” said Lars Reger, NXP Semiconductors’ chief technology officer. “NXP’s advanced portfolio of securely connected processing solutions are supported by easy-to-use tools for rapid AI model development and service platform for provisioning and managing IoT devices throughout the long building management lifecycle,

“This capability, combined with Honeywell’s expertise as one of the leading building management solution providers, marks an important milestone in our shared vision to enable a smarter, more connected world for all.”

Read more about:

CES 2024

About the Author(s)

Scarlett Evans

Assistant Editor, IoT World Today

Scarlett Evans is the assistant editor for IoT World Today, with a particular focus on robotics and smart city technologies. Scarlett has previous experience in minerals and resources with Mine Australia, Mine Technology and Power Technology. She joined Informa in April 2022.

Sign Up for the Newsletter
The most up-to-date news and insights into the latest emerging technologies ... delivered right to your inbox!

You May Also Like