How Industrial Giant Honeywell Is Taking Over Your Building’s Brain

Vimal Kapur leads the Honeywell International unit that manages commercial buildings. He met with Barron’s in a Manhattan high rise, of course, to explain how the company’s industrial Internet of Things, or IioT, platform called Honeywell Forge is transforming his division. Honeywell (ticker: HON) believes its long-term expertise in control technologies—such as the building systems Kapur is responsible for—gives it a leg up in developing software applications that not only control, but optimize, industrial assets around the globe.