Honeywell Founded in 1906 , Honeywell focuses on aerospace and a range of technologies , although it might be best known for its thermostatic heating control . The Fortune 100 company is based in Charlotte , North Carolina , and is led by Vimal Kapur , the Managing Director . With its knowledge and expertise around automation , data analytics and connectivity , Honeywell is developing new smart manufacturing solutions with the goal of improved safety and advanced sustainability . Honeywell ’ s smart manufacturing technologies are also used to improve productivity .
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Schneider Electric At Schneider Electric there is one goal , to empower customers to ‘ make the most of energy and resources , bridging progress and sustainability for all ’. The automation machinery manufacturing giant uses smart manufacturing to increase efficiency and productivity as well as strengthen sustainability within its operations . Using digital twin technology , Schneider Electric builds virtual models of processes – which simulate the performance of systems in the real-world – to help businesses avoid downtime . Headquartered in Rueil-Malmaison , France , the company had a 2022 revenue of US $ 34bn .