Honeywell's Three-Company Split: AI and Automation to Reshape Industrial Sector

T. Rowe Price's podcast series 'The Angle from T. Rowe Price' released its seventeenth episode, featuring Vimal Kapur, Chairman and CEO of Honeywell Technologies.

Kapur discussed his company's transformation into three distinct companies and the potential for industrial automation and artificial intelligence to drive growth.

Honeywell's separation into separate businesses is expected to sharpen strategic focus, allowing each unit to pursue distinct opportunities more effectively.

Kapur also highlighted the importance of access to industrial data and domain expertise in applying AI to real-world problems, which could help customers address skilled-labor shortages and improve productivity.