- Honeywell (HON -0.2%) CEO Darius Adamczyk recently talked to Barron's about the company's software strategy, which includes the transformation of "becoming a much more digitally contemporary company."
- That's composed of three things: data integrity, consistency and then finally common IT architectures and platforms.
- The move will enable Honeywell to make better decisions, as well as leverage the use of AI, machine learning, etcetera, to further enhance internal capabilities.
- Another step in the process is reducing fixed [cost] footprint, becoming much more variable versus fixed cost oriented.