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Qualcomm and Honeywell Work To Revolutionize the Energy Sector With 5G, Low Power Wireless and Artificial Intelligence-Enabled Solutions

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Qualcomm Technologies and Honeywell announced an expanded collaboration to develop AI-powered solutions for the energy sector. Honeywell will integrate Qualcomm's connectivity and AI technologies into applications like the Field Process Knowledge System (PKS). The partnership combines Qualcomm's low-power AI processors and wireless connectivity with Honeywell's sensing technologies to create industrial sensors for monitoring various parameters.

The collaboration aims to enable faster data capture, enhanced analytics at the edge, and improved field technician efficiency. In 2025, Honeywell plans to add Computer Vision capabilities to their Field PKS through the Multi-Modal Intelligent Agent powered by Qualcomm Technologies.

Qualcomm Technologies e Honeywell hanno annunciato una collaborazione ampliata per sviluppare soluzioni basate sull'IA per il settore energetico. Honeywell integrerà le tecnologie di connettività e IA di Qualcomm nelle applicazioni come il Field Process Knowledge System (PKS). La partnership combina i processori AI a basso consumo di Qualcomm e la connettività wireless con le tecnologie di rilevamento di Honeywell per creare sensori industriali per il monitoraggio di vari parametri.

La collaborazione mira a consentire una cattura dei dati più rapida, analisi migliorate sul campo e maggiore efficienza per i tecnici sul campo. Nel 2025, Honeywell prevede di aggiungere capacità di Computer Vision al loro Field PKS attraverso il Multi-Modal Intelligent Agent alimentato da Qualcomm Technologies.

Qualcomm Technologies y Honeywell anunciaron una colaboración ampliada para desarrollar soluciones impulsadas por IA para el sector energético. Honeywell integrará las tecnologías de conectividad e IA de Qualcomm en aplicaciones como el Field Process Knowledge System (PKS). La asociación combina los procesadores de IA de bajo consumo de Qualcomm y la conectividad inalámbrica con las tecnologías de sensores de Honeywell para crear sensores industriales que monitoreen varios parámetros.

La colaboración tiene como objetivo permitir una captura de datos más rápida, análisis mejorados en el borde y una mayor eficiencia para los técnicos de campo. En 2025, Honeywell planea agregar capacidades de Computer Vision a su Field PKS a través del Multi-Modal Intelligent Agent impulsado por Qualcomm Technologies.

퀄컴 테크놀로지하니웰은 에너지 부문을 위한 AI 기반 솔루션을 개발하기 위해 협력을 확대한다고 발표했습니다. 하니웰은 퀄컴의 연결성 및 AI 기술을 현장 프로세스 지식 시스템(Field Process Knowledge System, PKS)과 같은 응용 프로그램에 통합할 것입니다. 이 파트너십은 퀄컴의 저전력 AI 프로세서와 무선 연결성을 하니웰의 센싱 기술과 결합하여 다양한 매개변수를 모니터링할 수 있는 산업 센서를 생성합니다.

협력의 목표는 더 빠른 데이터 캡처, 엣지에서의 향상된 분석, 현장 기술자의 효율성을 개선하는 것입니다. 2025년, 하니웰은 퀄컴 테크놀로지의 Multi-Modal Intelligent Agent를 통해 Field PKS에 컴퓨터 비전 기능을 추가할 계획입니다.

Qualcomm Technologies et Honeywell ont annoncé une collaboration élargie pour développer des solutions alimentées par l'IA pour le secteur énergétique. Honeywell intégrera les technologies de connectivité et d'IA de Qualcomm dans des applications comme le Field Process Knowledge System (PKS). Le partenariat combine les processeurs IA basse consommation de Qualcomm et la connectivité sans fil avec les technologies de détection de Honeywell pour créer des capteurs industriels pour surveiller divers paramètres.

La collaboration vise à permettre une capture de données plus rapide, une analyse améliorée à la périphérie et une efficacité accrue des techniciens de terrain. En 2025, Honeywell prévoit d'ajouter des capacités de vision par ordinateur à son Field PKS via l'agent intelligent multi-modal alimenté par Qualcomm Technologies.

Qualcomm Technologies und Honeywell haben eine erweiterte Zusammenarbeit angekündigt, um KI-gestützte Lösungen für den Energiesektor zu entwickeln. Honeywell wird Qualcomms Konnektivitäts- und KI-Technologien in Anwendungen wie dem Field Process Knowledge System (PKS) integrieren. Die Partnerschaft kombiniert Qualcomms stromsparende KI-Prozessoren und drahtlose Konnektivität mit Honewells Sensorsystemen zur Erstellung industrieller Sensoren zur Überwachung verschiedener Parameter.

Ziel der Zusammenarbeit ist es, eine schnellere Datenerfassung, verbesserte Analysen am Rand und eine höhere Effizienz der Techniker im Feld zu ermöglichen. Für 2025 plant Honeywell, Computer Vision-Funktionalitäten in ihr Field PKS durch den von Qualcomm Technologies unterstützten Multi-Modal Intelligent Agent zu integrieren.

Positive
  • Strategic expansion into the energy sector with AI and IoT solutions
  • Integration of Qualcomm's technology into Honeywell's Field PKS system
  • Leveraging recent Sequans 4G IoT technology acquisition for industrial applications
Negative
  • None.

Insights

This strategic collaboration marks a significant advancement in industrial IoT and edge computing. The integration of Qualcomm's AI-enabled processors and connectivity solutions with Honeywell's Field PKS system represents a substantial market opportunity in the $500B+ industrial automation sector. The partnership's focus on low-power AI processing at the edge addresses critical industry pain points around energy efficiency and real-time data processing.

The development of AI-powered sensors and field devices creates a new revenue stream for Qualcomm's IoT segment, which has shown strong growth potential. The recent Sequans acquisition strategically complements this initiative by strengthening Qualcomm's 4G IoT capabilities. The 2025 timeline for Computer Vision integration suggests a well-planned product roadmap that could drive sustained growth in industrial applications.

The technological convergence of Qualcomm's wireless connectivity (including private 5G networks) with Honeywell's industrial expertise creates a compelling solution for the energy sector's digital transformation. Key advantages include:

  • Enhanced data capture from remote facility locations
  • Real-time analytics at the edge reducing latency
  • Improved operational efficiency through AI-driven insights
The multi-modal approach combining voice, video and sensor data represents a significant advancement over current industrial IoT solutions. This positions both companies favorably in the rapidly growing industrial edge computing market, estimated to reach $55.9B by 2028.

Highlights:

  • Qualcomm to provide connectivity products and AI-enabled chipsets to Honeywell for various industrial applications to enhance operational efficiency and real-time feedback in the energy sector.

  • Enabling customers in the energy sector to use intelligent handheld devices and, battery-powered low power wireless access (LPWA) sensors to monitor critical systems and use connected hub/gateways for aggregating essential sensor data.

  • Collaboration aims to drive industrial digital transformation, improve efficiencies, and support automation and energy transition megatrends.

SAN DIEGO, CA / ACCESSWIRE / November 26, 2024 / Qualcomm Technologies, Inc. and Honeywell announced an expanded collaboration to develop artificial intelligence (AI)-powered intelligent solutions for the energy sector. Through the collaboration, Honeywell will incorporate Qualcomm Technologies' connectivity and AI technologies into AI-powered applications, such as the Honeywell Field Process Knowledge System (PKS). By integrating these new capabilities, Honeywell's Field PKS will provide connectivity to remote corners of plant and manufacturing facilities enabling greater data capture and analytics at the edge.

Qualcomm Technologies' portfolio of low power AI-enabled processors with native wireless connectivity (450 MHz, Wi-Fi, LPWA, modems and private 4G/5G networks), software, and computer vision combined with Honeywell's extensive portfolio of sensing technologies will enable the development of a family of industrial sensors used for monitoring process parameters, asset parameters or environmental conditions. These new capabilities will deliver more information to field and service technicians, enabling faster delivery of answers that can result in time savings, greater accuracy, and interactive results.

"We are committed to developing on-device generative AI solutions that will propel the expansion of the connected intelligent edge to help drive digital transformation," said Nakul Duggal, group general manager, automotive, industrial and embedded IoT, and cloud computing, Qualcomm Technologies, Inc. "This collaboration with Honeywell enhances how industries and businesses interact with their environments through intelligent and responsive technology. Our recent acquisition of Sequans' 4G IoT technology adds to Qualcomm Technologies' broad portfolio, further strengthening our technology offerings for Industrial IoT applications."

"The combination of Qualcomm Technologies' industry-leading on-device AI processors with Honeywell's AI-enabled technology will help field workers to work smarter, make systems more efficient and improve the overall performance of the process industry," said Pramesh Maheshwari, President of Honeywell Process Solutions. "With the introduction of AI solutions such as Honeywell's Field PKS, Multi-Modal Intelligent Agent and sensor technologies, we are advancing what's possible for the process industry with mobile field technicians and autonomous operations."

Earlier this year, the companies collaborated on an AI-enabled Multi-Modal Intelligent Agent powered by Qualcomm Technologies that allows mobile workers in distribution centers and retail industries to interact with handheld devices through voice, pictures, and video. Coming in 2025, Honeywell will add Computer Vision capabilities in the Multi-Modal Intelligent Agent to Honeywell's Field PKS. To learn more about how Honeywell is leveraging AI across process industries, visit: https://automation.honeywell.com/us/en/solutions/productivity.

About Qualcomm

Qualcomm relentlessly innovates to deliver intelligent computing everywhere, helping the world tackle some of its most important challenges. Our proven solutions drive transformation across major industries, and our Snapdragon® branded platforms power extraordinary consumer experiences. Building on our nearly 40-year leadership in setting industry standards and creating era-defining technology breakthroughs, we deliver leading edge AI, high-performance, low-power computing, and unrivaled connectivity. Together with our ecosystem partners, we enable next-generation digital transformation to enrich lives, improve businesses, and advance societies. At Qualcomm, we are engineering human progress.

Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of our engineering and research and development functions and substantially all of our products and services businesses, including our QCT semiconductor business. Snapdragon and Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries. Qualcomm patented technologies are licensed by Qualcomm Incorporated.

About Honeywell

Honeywell is an integrated operating company serving a broad range of industries and geographies around the world. Our business is aligned with three powerful megatrends - automation, the future of aviation and energy transition - underpinned by our Honeywell Accelerator operating system and Honeywell Forge IoT platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations through our Aerospace Technologies, Industrial Automation, Building Automation and Energy and Sustainability Solutions business segments that help make the world smarter, safer and more sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.

View additional multimedia and more ESG storytelling from Qualcomm on 3blmedia.com.

Contact Info:
Spokesperson: Qualcomm
Website: https://www.3blmedia.com/profiles/qualcomm
Email: info@3blmedia.com

SOURCE: Qualcomm



View the original press release on accesswire.com

FAQ

What is the purpose of Qualcomm (QCOM) and Honeywell's collaboration in 2024?

The collaboration aims to develop AI-powered intelligent solutions for the energy sector, integrating Qualcomm's connectivity and AI technologies into Honeywell's applications to enhance operational efficiency and data analytics.

When will Honeywell implement Computer Vision capabilities in their Field PKS system with QCOM technology?

Honeywell plans to add Computer Vision capabilities to their Field PKS system through the Multi-Modal Intelligent Agent in 2025.

What technologies is Qualcomm (QCOM) providing in this energy sector partnership?

Qualcomm is providing low power AI-enabled processors with native wireless connectivity (450 MHz, Wi-Fi, LPWA, modems and private 4G/5G networks), software, and computer vision technologies.

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