A New Era in Retail Technology
Honeywell is embarking on an innovative journey with Verizon to streamline the retail sector's operations by launching a groundbreaking bundled offering. This collaboration promises to leverage Honeywell’s in-depth hardware, software, and services alongside Verizon’s cutting-edge 5G connectivity, creating a holistic solution for businesses within retail and logistics.
Simplifying the Retail Lifecycle
The new partnership aims to simplify the procurement processes, contracting, and future expansions for businesses. Retailers often face significant operational challenges, particularly those relying on consistent connectivity and flexible supply chains. The collaboration between Honeywell and Verizon seeks to alleviate these burdens, offering a comprehensive solution that has the potential to bolster how these businesses manage their day-to-day operations.
For instance, consider a mid-sized garden center facing an unexpected power outage. The inability to connect to the internet typically results in operational paralysis. However, with Verizon’s 5G data plans integrated with Honeywell’s handheld devices and Smart Pay mobile payment solutions, retailers can maintain their point-of-sale operations. This approach minimizes potential downtime, safeguarding revenue streams even amidst unforeseen circumstances.
Enhanced Resilience and Reduced Complexity
David Barker, President of Honeywell Productivity Solutions and Services, emphasized that this collaboration aims to fortify businesses against unexpected disruptions. “Our bundled service reduces the number of vendors a business needs to engage with, simplifying the purchase process of a fully integrated solution. This strategy positions businesses to stay current with technology updates while navigating complex budgeting cycles for capital expenditures,” he said.
Massimo Peselli, Verizon’s Chief Revenue Officer, echoed this sentiment, asserting that businesses of all sizes are focused on expediting technology acquisition to swiftly resume operations. The managed service offering allows clients to concentrate on maximizing returns and driving desirable outcomes rather than becoming encumbered by multi-vendor negotiations.
Key Features of the Bundled Solution
The newly established solution provides a spectrum of advantages tailored for retail and logistics companies:
- - Simplified Procurement: A unified point of contact streamlines the purchasing journey, minimizing overall complexity.
- - Enhanced Connectivity: Verizon’s unparalleled 5G network ensures high-speed internet and reliable connectivity for essential business applications.
- - Comprehensive Device Management: With Honeywell’s Enterprise Mobility Services, businesses can benefit from an end-to-end lifecycle management system for mobile devices, encompassing installation, support, and maintenance.
- - Improved Operational Efficiency: The solution fosters streamlined workflows, elevating productivity while curtailing instances of downtime.
- - Scalability: Whether a small business or a large corporation, the solution is crafted to adapt and grow alongside its users, meeting diverse operational demands.
Availability and Future Outlook
Set to be available through Honeywell and its array of resellers in early 2025, this managed services solution underscores a commitment to meeting the evolving needs of retail businesses. For further inquiries on how the Honeywell-Verizon partnership can enhance operational efficiencies, stakeholders are encouraged to reach out via contact channels provided.
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Honeywell Automation in Retail.
About Honeywell and Verizon
Honeywell is globally recognized for its role across myriad industries, focusing on automation, energy transitions, and innovative technology solutions. Verizon Communications, on the other hand, continues to be a leader in delivering seamless connectivity solutions, catering to a broad client base, including nearly all Fortune 500 companies. Together, they forge a path toward a more integrated retail landscape.
This collaboration heralds a new chapter in retail operations, enabling businesses to innovate, adapt, and thrive in today’s fast-paced environment.