Honeywell and Verizon have announced a strategic partnership to launch a bundled solution designed to enhance the retail lifecycle. This offering combines Honeywell's advanced hardware, software, and services with Verizon's 5G connectivity, aiming to simplify procurement and contracting processes for retail and logistics businesses. The solution is expected to streamline operations and reduce upfront investments, making it easier for companies to adapt to technological advancements.
The collaboration also focuses on improving business resiliency. For instance, if a retailer experiences a power outage, the bundled solution allows operations to continue using Honeywell handheld devices and Verizon's 5G data plans, thus minimizing revenue loss during disruptions. This capability is crucial for maintaining customer transactions seamlessly.
David Barker from Honeywell highlighted that this partnership reduces complexity by consolidating multiple technologies into a single offering. Massimo Peselli of Verizon emphasized that the fully managed services solution will enable companies to concentrate on maximizing their return on investment while simplifying their technology management processes. The solution is set to launch in early 2025.