Honeywell and Verizon Launch Groundbreaking Solution to Streamline Retail Lifecycle from Procurement through Customer Operations

Partnership Overview - Honeywell and Verizon are collaborating to launch a transformative bundled offering for retail and logistics companies, combining Honeywell's hardware, software, and services with Verizon's high-speed 5G connectivity [1] - The partnership aims to streamline the retail lifecycle by simplifying procurement, contracting, and future device and data plan expansions [1] Benefits of the Bundled Solution - Increased business resiliency for retailers and logistics companies, enabling operations to continue during unexpected disruptions such as power outages [2] - Simplified procurement process with a single point of contact for hardware, software, services, and connectivity, reducing complexity [6] - Enhanced connectivity through Verizon's 5G network, providing high-speed and reliable connectivity for critical business applications [6] - Comprehensive device management through Honeywell's Enterprise Mobility Services, offering end-to-end lifecycle management for mobile devices [6] - Improved operational efficiency by streamlining workflows, increasing productivity, and reducing downtime [6] - Scalability to meet the needs of businesses of all sizes, from small and medium-sized businesses to large enterprises [6] Market and Customer Focus - The bundled solution is designed to meet the unique needs of retail and logistics companies of all sizes [3] - Companies are looking to reduce the time and effort required for key technology purchases to quickly get operations up and running [3] - The solution offers a fully managed services package at a single monthly price, allowing customers to focus on ROI and business outcomes [3] Availability and Additional Information - The Honeywell-Verizon bundled managed services solution will be available through Honeywell and its network of resellers in early 2025 [4] - More information about Honeywell's latest solutions in the retail ecosystem and its alignment with automation and other megatrends can be found on their website [4] Company Background - Honeywell is an integrated operating company aligned with megatrends such as automation, the future of aviation, and energy transition, supported by its Honeywell Accelerator operating system and Honeywell Forge IoT platform [5] - Verizon Communications Inc generated revenues of $134 billion in 2023 and serves nearly all Fortune 500 companies, focusing on mobility, reliable network connectivity, and security [8]