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Today’s Honeywell

Today’s Honeywell. Updated: October 2014. We are building a world that’s safer and more secure … more comfortable and energy efficient … more innovative and productive ….

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Today’s Honeywell

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  1. Today’s Honeywell Updated: October 2014

  2. We are building a world that’s safer and more secure … more comfortable and energy efficient … more innovative and productive … This release contains certain statements that may be deemed “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, that address activities, events or developments that we or our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are based upon certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements. We identify the principal risks and uncertainties that affect our performance in our Form 10-K and other filings with the Securities and Exchange Commission.

  3. Overview • Who Is Honeywell • Honeywell in T&T • How Does the Internet Benefit T&T’s Oil & Gas Sector • Specifics of Internet Input • The challenges of IT & Internet Use in Industry • Honeywell’s Capabilities How Does The Internet/TelecomsContribute to Trinidad and Tobago’s Gas and Oil Sector? Riard Mohammed & Adrian Manick Oct 2014

  4. Honeywell $39.1B in sales for 2013 • 1,300 sites, 68 countries • 131,000 employees • Morristown, NJ headquarters • Fortune 100 55% sales outside U.S. Performance Materials and Technologies Aerospace Automation and Control Solutions

  5. Who Is Honeywell? Business Overview Great Positions In Good Industries (2013 Sales, $B) • Honeywell developed the first autopilot flight controller (1914), first commercial weather radar system (1954), first business jet turbofan engine (1975), and is still the leader in developing revolutionary technology for aerospace today. • Honeywell pioneered automotive turbocharging 60 years ago and remains the industry leader launching, on average, 100 new turbo applications globally each year. • Honeywell is the leader in gas detection, fire systems, personal protective equipment, building controls, home comfort and security, and scanning and mobility. • Businesses: • Air Transport & Regional • Business & General Aviation • Defense & Space • Transportation Systems • Headquarters: • Phoenix, AZ headquarters • Businesses: • Building Solutions • Environmental and Combustion Controls • Industrial Safety • Fire Safety • Security Group • Scanning and Mobility • Sensing and Control • Businesses: • Honeywell’s UOP • Process Solutions • Fluorine Products • Resins and Chemicals • Specialty Products • Electronic Materials • Headquarters: • Morristown, NJ • Honeywell’s technology is used to produce more than 60% of the world’s gasoline, 67% of the world’s paraxylene (a precursor for polyester), and 85% of the world’s biodegradable detergents. Highly Diversified, Technology Driven Industrial Company

  6. Global Reputation… World Class Quality… Trinidad & Tobago Excellence…

  7. TT Installed Base – Strategic Importance

  8. The Question? “How Does the Internet/Telecoms Contribute to Trinidad and Tobago’s Oil and Gas Sector”

  9. O&G Sector Activities Leveraging the Internet • Business, Market & Competitive Intelligence • Business Automation • Safety • Operational Effectiveness • Supply Chain • Cost Reduction • Technical Collaboration & Support • Training • Security • Alerts & Notifications Across The Corporation – Field to the Stock Market!

  10. Technical Support • Challenges • Safety and Risk on offshore facilities • Specialized training requirements • Cost of flights, freight limitations • Limited accommodation space and POB • Wrench time, NUIs Bring the equipment to the vendor !

  11. Preventative/Predictive Maintenance • Remote Monitoring • Rotating machinery – lubricant levels, vibration, temperature • Vessel and pipeline integrity – pressure, flow rate, erosion • Power Systems – voltage/freq. fluctuations, duty cycle • Control systems – loop performance monitoring, hardware faults • Utilities – A/C performance • Remote alerts, analysis and collaboration • SMS Alerts • Remotely executed actions – backups, software updates

  12. Global Connectivity • Teleconferencing (incl. video conferencing) • Within organizations; between business partners • HelpDesks and ITIL compliant support • Vendors, specialist support contractors • Fog Computing – where the cloud meets the ground • Big Data handling, MDCs • Business Continuity & Disaster Recovery • Geographically distributed redundancy

  13. Industrial Control Cyber Security Landscape Impersonators Technologists Nation States Cyber Terrorists OrganizedGroups Malware Hacktivists COTSComponents Hacking Perpetrators Open Systems Spear Phishing Insider Threats Remote Sites Remote Access Trojan Horses Cyber Attacks Challenges Mobile Devices Worms Network Connections Remote Workers Computer Viruses Spyware Removable Media WirelessMicrowave People Human Error APTs Plain Text Protocols Tribal ICS Knowledge Contractors Graying Workforce Employee Turnover

  14. Industrial IT: Security Concerns • Rise in cyber risk • Increased malware • Process control targets (Stuxnet, Shamoon, Flame, etc) • Hacker/nation states • Increased reliance (prevalence) on ‘Open Systems’ • Skewed ratio of people to computers in production environment • Mission critical systems being managed by open systems • Inability to deploy automatic/IT solutions due to proprietary/critical systems

  15. Industrial IT Challenges Increase in industry and government regulations or standards

  16. Industrial IT Solutions Assess against industry standards, regulatory requirements and best practices Remediate focuses on the actions needed to address issues identified in the Assess phase Assure addresses methods to assure your Industrial IT solutions are functioning as designed Manage refers to the management of your Industrial IT investment, including network security

  17. Honeywell’s Expertise

  18. Questions www.becybersecure.com

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