Honeywell Launches Industrial Internet of Things-Ready Gas Measurement and Data Management Solutions for Natural Gas Utilities
New Technology and Software Helps Improve Billing Accuracy, Equipment Uptime and Operator Efficiency
HOUSTON, June 10, 2016 -- Honeywell (NYSE: HON) Process Solutions (HPS) today announced that it has introduced a fully integrated portfolio of Industrial Internet of Things (IIoT)-ready natural gas measurement and data management solutions for use by North American gas transmission and distribution customers.
These end-to-end smart metering solutions help optimize the entire gas value chain, including applications from the wellhead to the burner tip.
“Natural gas providers need the tools and know-how to effectively store, transport and deliver gas to meet rising demand,” said Pierre Dufour, HPS global product marketing manager. “Gas metering data must be collected more frequently and in smaller increments. The trend towards smart metering has demonstrated the importance of Meter Data Management (MDM) in realizing the full potential of Advanced Metering Infrastructure (AMI).”
Honeywell gas measurement and data management solutions help companies exercise full control over their gas regulating and measuring needs while providing the lowest total cost of ownership. The integrated portfolio provides seamless connectivity and 24/7 access to critical data and diagnostics. It is comprised of five main components:
The gas measurement and data management solutions are part of Honeywell’s IIoT portfolio of technologies that are helping manufacturers leverage data to operate their plants more safely and efficiently. Honeywell’s IIoT solutions are also helping reduce unplanned downtime and off-spec products by building IIoT ecosystems that leverage data, advanced analytics and deep domain knowledge.
“Honeywell’s Mercury instrument line pioneered precision instrumentation, and today it helps gas transmission and distribution companies increase efficiency, protect assets, save money, and safeguard the environment. These products and services also enable optimal maintenance that extends the life of critical investments,” Dufour said.
Honeywell’s gas measurement and data management solutions are specifically designed to turn operational data into valuable knowledge. Key to the product line is the MasterLink software, which provides a single solution to configure, calibrate and access data from electronic volume correctors (EVCs) and cellular modems. The software has been introduced for the first time on mobile platforms, with innovative, value-added features to help the user accomplish much more than just executing everyday tasks.
The Elster Rotary Gas Meter offers exceptional performance and reliability in demanding applications. It is recognized for low pressure drop, wide range and high maximum operating pressure. The meter provides a reduction in hazardous noise for safer operations, as well as a reduction in piston speed for longer asset life. Users benefit from a low total cost of ownership, simple installation and commissioning, a compact design, and ease of use. The Elster Rotary Gas Meter delivers greater range than competitive instruments, enabling a significant reduction in device inventory. The unit can also be integrated with Honeywell’s EC 350 PTZ Gas Volume Corrector for the convenience of single-vendor sourcing.
With Honeywell’s approach, users migrating from legacy gas measurement and control systems can deploy solutions that are future-ready for emerging technologies like the Industrial Internet of Things (IIoT). The Honeywell Mercury line is based on a single design standard and follows strict cyber and data security guidelines uniformly across all components.
Using Honeywell’s fully integrated platform for data collection/management and remote meter monitoring, gas operators can improve the output from equipment assets, avoid unplanned downtime, implement preventive maintenance, and maximize Return on Investment (ROI). By pairing advanced MDM software with the latest instruments for gas measurement and volume correction, they’re able to enhance efficiency, reduce costs, and minimize risks to operation.
To learn more about Honeywell’s IIoT solutions, go to www.hwll.co/IIoT.
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.
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.
# # #