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 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.
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
$39.1B
in sales for 2013
55%
sales outside U.S.
• 1,300 sites, 68 countries
• 131,000 employees
• Morristown, NJ
headquarters
• Fortune 100
Performance Materials
and Technologies
Aerospace
Automation and
Control Solutions
4
Today’s Honeywell
Who Is Honeywell?
Business Overview
(2013 Sales, $B)
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.
Honeywell pioneered automotive turbocharging
60 years ago and remains the industry leader
launching, on average, 100 new turbo
applications globally each year.
Businesses:
Businesses:
Businesses:
•
•
•
Honeywell’s UOP
•
Process Solutions
•
Fluorine Products
•
Resins and
Chemicals
•
Specialty Products
•
Electronic Materials
•
Air Transport &
Regional
Business &
General Aviation
•
Defense & Space
•
Transportation
Systems
Headquarters:
Phoenix, AZ
headquarters
•
•
Building Solutions
Environmental and
Combustion
Controls
Industrial Safety
•
Fire Safety
•
Security Group
•
Scanning and
Mobility
•
Sensing and Control
Headquarters:
Morristown, NJ
Honeywell is the leader in gas detection, fire
systems, personal protective equipment,
building controls, home comfort and security,
and scanning and mobility.
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
US
Puerto Rico
LNG
Power Generation
Europe
Ammonia
Natural Gas
NGL's
Methanol
EOG Resources
Industrial Gases
BHP Billiton
Manufacturing
Steel
Gas Chain
Repsol, Petrotrin
Oil
Regional
Domestic
Domestic
International
International
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
• 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
12
Today’s Honeywell
Industrial Control Cyber Security Landscape
Malware
Cyber
Terrorists
Nation
States
Hacking
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
Plain
Text
Protocols
Tribal
ICS Knowledge
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