Honeywell expands security portfolio in bid to catch AI wave

Honeywell is expanding its security and access controls portfolio by partnering with Rhombus to integrate AI-powered video analytics into its existing platforms. This move addresses the surging demand for AI in building management, with a recent survey indicating 85% of building managers plan to increase AI use to improve threat detection and operational efficiency. The partnership allows customers to enhance their current systems with cloud-based AI solutions rather than requiring a complete overhaul.