India, Jan. 14 -- The collaboration will help make buildings operate more intelligently by integrating NXP Semiconductors' neural network-enabled, industrial-grade applications processors into Honeywell's building management systems.

Honeywell and NXP Semiconductors N.V. announced at CES 2024 that they have signed a Memorandum of Understanding (MOU) to help optimize the way commercial buildings sense and securely control energy consumption.

According to the International Energy Agency (IEA), buildings' operations contribute to 30% of global final energy consumption and 26% of global energy-related emissions, so decisions made today will significantly impact future energy use and potential savings. Today's smart energy solutions increasing...