Smartworld has signed a Memorandum of Understanding (MoU) with Honeywell Building Solutions to implement digitally transformed, sustainable, safe and efficient buildings across the UAE.The MoU is non-exclusive and was signed between key officials during the opening day of Intersec, the largest exhibition and international trade platform for advancements in security and safety.
Smart buildings play a fundamental role in developing smarter cities, and the two companies will support the UAE government in reaching its smart city goals. Under the agreement, Smartworld and Honeywell Building Solutions will collaborate to promote joint initiatives enabling building operators, facility managers, consultants and contractors to build greener, safer, more secure buildings.
Investing in advanced technology to build smart cities is high on the agenda for regional governments. According to a recent report by KPMG, annual technology spending by smart cities is set to double in the next four years in the Middle East and Africa (MEA) region. The total spending is anticipated to increase from $1.3bn to $2.7bn.
“By partnering with a technology giant such as Honeywell, Smartworld is able to significantly enhance the capabilities of our buildings by turning them into strategic assets that operate more efficiently. Through advanced technology solutions, we are able to create a positive experience for the citizens of the UAE through smarter and digitally transformed services that meet the demands of today’s consumers,” said Abdulqader Obaid Ali, CEO of Smartworld. “We are looking forward to accelerating the UAE’s smart city offering through this partnership, and as such, supporting the county in meeting its smart city ambitions.”
Under the terms of the agreement, Honeywell Building Solutions will expand its technology base and provide advanced solutions including Building Management Systems (BMS), Enterprise Buildings Integrator (EBI), advanced security solutions, fire safety systems, industrial security systems, and Honeywell’s Command and Control Suite (CCS), all modelled to create safer and more secure buildings and cities across the UAE.
Vimal Kapur, president and CEO, Honeywell Building Technologies added: “Our partnership with Smartworld reaffirms and demonstrates another example of our commitment to the UAE government’s goal of developing smarter cities. We are pleased to be working with such a visionary organization. Smart buildings are the fundamental building blocks of a smart city, and this agreement will enhance the country’s efforts in developing the smartest cities in the region.”
The partnership will enable Smartworld customers to benefit from Honeywell’s end-to-end, integrated and IoT-enabled solutions.