Honeywell Wins Award for Oil & Gas Automation
-- Business & Technology News, 24 May 2007
Frost & Sullivan recently named Honeywell Process Solutions as the recipient of the 2007 Frost & Sullivan Award for Market Leadership for its automation and software solutions in the oil and gas industry.
According to Frost & Sullivan team leader Shibu S.L., the oil and gas production-automation market has changed significantly in the past several years, with producers competing to bring assets into production earlier and squeeze more out of existing fields. Honeywell has led the market in delivering automation solutions to meet these needs.Honeywell’s Experion R300 has helped customers achieve significant savings through reduction in the required number of cabinet installations due to its small footprint. Another important offering is the easy-to-use backup and restore facilities for Windows-based control systems, which have also been acknowledged as a well-defined and purpose-based backup system that reduces unplanned downtime and protects the system processes against failures.