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Honeywell s-17/12/2023 The all-cash acquisition of Sparta Systems highlights how Honeywell is using partnerships and acquisitions to build out Forge for more regulated industries. Honeywell's plan is to leverage Sparta Systems and combine it with the Forge platform and Experian Process Knowledge System to expand more into life sciences. Sparta Systems features quality management software delivered as a service with artificial intelligence. Honeywell will acquire life sciences software company Sparta Systems for $1.3 billion in a move that will expand the reach for the Honeywell Forge platform. We examine the rise of the digital twin, the new leaders in industrial IoT (IIoT) and case studies that highlight the lessons learned from production IIoT deployments. Infrastructure around the world is being linked together via sensors, machine learning and analytics.
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