New MOU sweet as honey

Quantify has just signed a ‘sweet’ deal with Fortune 100 multinational company, Honeywell.

As part of the Memorandum of Understanding (MOU), Quantify will participate in Honeywell’s technology and digital innovation program, known as the PropTech Hub Program, in collaboration with YBF Ventures.

The Program aims to drive innovative solutions for the real estate, building and property management industry, while also providing potential opportunities for collaboration between Honeywell and participants.

When it comes to Quantify, the Program will give us the opportunity to; explore the expansion of our technology platform, work with potential product and channel collaborators, and benefit from Honeywell’s global competences in the building automation space.

Let’s back up a bit… who is Honeywell?

Honeywell is a United States-based technology company that delivers industry-specific solutions that include technologies for buildings globally. In fact, Honeywell are powering more than 10 million buildings in more than 75 countries worldwide. It has operated in Australia for nearly 60 years and has more than 1.5K employees in 28 offices across Australia and New Zealand.

Honeywell prides itself on transforming the way the world works and solving its customers’ challenges through relentless innovation. Their products, software and technologies address key energy challenges, keep people and places safe, enhance the building experience, and improve critical infrastructure.

Quantify’s CEO Brett Savill said the Company was delighted to be a part of a Honeywell’s program.

“Honeywell has a superb reputation and global reach in the buildings industry, and we look forward to working with them to explore the opportunities for Quantify and Honeywell in the future,” Brett said.

“The Program will assist us in maximising sales domestically and expanding our international platform – which are two of Quantify’s strategic priorities.”

YBF will host the Program at their newly opened Sydney CBD coworking space.

More details about the program can be found HERE.

This was originally published as an ASX Announcement on 18 November, which can be found HERE.

Header image from Philipp Birmes on Pexels.