2014 TODAYS HONEYWELL Updated October 2014 We are
2014 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 … This release contains certain statements that may be deemed “forward-looking statements” within the meaning of Section 21 E 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.
Overview How Does The Internet/Telecoms Contribute to Trinidad and Tobago’s Gas and Oil Sector? - 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 Riard Mohammed & Adrian Manick Oct 2014 3 Today’s Honeywell
Honeywell $39. 1 B in sales for 2013 55% sales outside U. S. • 1, 300 sites, 68 countries • 131, 000 employees • Morristown, NJ headquarters • Fortune 100 Aerospace Performance Materials and Technologies Automation and Control Solutions 4 Today’s Honeywell
Who Is Honeywell? Business Overview Great Positions In Good Industries 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. (2013 Sales, $B) 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 • Building Solutions Honeywell’s UOP • Business & General Aviation • • • Defense & Space Environmental and Combustion Controls • • • Specialty Products Transportation Systems Headquarters: Phoenix, AZ headquarters • Industrial Safety • Fire Safety • Security Group • Scanning and Mobility • Sensing and Control Honeywell is the leader in gas detection, fire systems, personal protective equipment, building controls, home comfort and security, and scanning and mobility. Process Solutions Fluorine Products Resins and Chemicals Electronic Materials Headquarters: Morristown, NJ 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. Highly Diversified, Technology Driven Industrial Company 5 Today’s Honeywell
Global Reputation… World Class Quality… Trinidad & Tobago Excellence… 6 Today’s Honeywell
TT Installed Base – Strategic Importance 7 Today’s Honeywell
The Question? “How Does the Internet/Telecoms Contribute to Trinidad and Tobago’s Oil and Gas Sector” 8 Today’s Honeywell
O&G Sector Activities Leveraging the Internet • 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! 9 Today’s Honeywell
Technical Support • 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 ! 10 Today’s Honeywell
Preventative/Predictive Maintenance • 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 11 Today’s Honeywell
Global Connectivity • Teleconferencing (incl. video conferencing) - Within organizations; between business partners • Help. Desks 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 12 Today’s Honeywell
Industrial Control Cyber Security Landscape Malware Cyber Terrorists Hacking Nation States Cyber Attacks Insider Threats Worms Spyware Computer Viruses Human Error APTs Graying Workforce 13 Organized Groups Impersonators Hacktivists Perpetrators Spear Phishing Trojan Horses Technologists Remote Sites Mobile Devices Remote Workers People Contractors COTS Components Open Systems Remote Access Challenges Network Connections Removable Media Wireless Microwave Tribal ICS Knowledge Plain Text Protocols Employee Turnover 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 14 Today’s Honeywell
Industrial IT Challenges Increase in industry and government regulations or standards 15 Today’s Honeywell
Industrial IT Solutions Assess against industry standards, regulatory requirements and best practices Assure addresses methods to assure your Industrial IT solutions are functioning as designed 16 Remediate focuses on the actions needed to address issues identified in the Assess phase Manage refers to the management of your Industrial IT investment, including network security Today’s Honeywell
Honeywell’s Expertise 17 CCDP Cisco Certified Design Professional CISS Cisco Information Security Specialist CCNP Cisco Certified Network Professional CISA Certified Information Systems Auditor CISM Certified Information Security Manager CISSP Certified Information Systems Security Professional CEH Certified Ethical Hacker GCIH GIAC Certified Incident Handler CWLSS Cisco Wireless LAN Support Specialist MCITP Microsoft Certified IT Professional PMP Project Management Professional ITSM Information Technology Infrastructure Library (ITIL) Service Manager Today’s Honeywell
Questions www. becybersecure. com 18 Today’s Honeywell
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