LifeCycle Management

Freedom of Choice and Cost Savings in Maintaining and Improving Your Automation Assets.

At the request of our customers, Honeywell

has developed LifeCycle Management (LCM),

an entirely fresh approach that helps you manage

your installed physical and intellectual assets.

LCM effectively extends your equipment life.

It provides a cost-effective path forward to the

latest technology and functionality of advanced

control.

The program is uniquely designed to maximize

the results you can expect to achieve from your

automation, control, and information technology

investments. With LCM, you choose when to

modernize, what components of your solution

you want to invest in, how you fund the transition,

and just how much longer you want to maintain

your current capabilities.

Provides continuity for your control processes through support offerings for existing systems

Effectively extends the life of your products for years to come through plug-and-play replacement of existing functionality with latest technology

Provides you with a cost-effective path forward to the latest technology and functionality through step wise modernization plans that fi t your timing

Global Services thatProtect Your Investments.Today’s competitive environment demands that you continually improve the return

on your capital investments by either boosting productivity or extending the life of

well-performing, existing assets. In deciding to modernize technology, you have had

to balance the need to improve your productivity against the ever-increasing cost of

supporting an aging automation system infrastructure.

You are in Control with LifeCycle Management.LifeCycle Management is uniquely designed. You choose when to modernize, what solution components to invest in, how to fund the transition, and just how much longer you want to maintain current capabilities.

Boost productivity with

LifeCycle Management.

You can deploy advanced

control strategies through

electronic refresh or

complete migration of

your automation assets.

Honeywell offers a complete portfolio of high-value service solutions and deliverables to protect your installed physical and intellectual capital in three distinct ways:

Continuation Refresh Modernization

With an LCM partnership, you can typically reap the benefi ts of new technology before completely paying for the solution.

LifeCycle Management is a single, multi-year

service agreement that guarantees asset support

for Honeywell hardware and software products

in your plant or mill until they are modernized or

retired according to your site strategy—whether

it is three, fi ve, or seven years down the road.

A complete LCM solution includes the offerings

from Honeywell’s extensive portfolio of services

that best support your long-term strategies.

LCM bundles them into a single support

agreement that ensures you achieve your

asset management goals.

With LCM, there is no guesswork and there are no surprises because Honeywell commits to:

• Establishing an agreed-to roadmap for your product support

• Reducing your risk of owning and operating older control systems

• Saving you money through locked in spare parts and upgrade kit pricing

• Guaranteeing you hardware support on installed Honeywell products—including withdrawn products

• Guaranteeing you technical support on Honeywell software and products

• Providing you with the fl exibility to fund the modernization as either a project or service over several years to reduce capital investment and out-of-pocket costs

• Accelerating the value of the benefi ts LCM provides to you

Product Support Needs

You sustain or increase the value of your

automation assets over time with LCM.

Your Safety Net.

Improved Capital Effi ciency

With LCM, you can typically reap the

benefi ts of new technology before

completely paying for the solution.

Accelerating the benefi ts in this way

greatly increases your site’s Net

Present Value (NPV) and Internal

Rate of Return (IRR).

Minimize Risk. Maximize Returns.

VA

LU

E

Install Optimize & Operate Asset Management

T I M E

Sustain(Ensure Parts

& Support)

Modernize(Continuous Improvement)

Ori

gin

Wit

hdra

wn

Prod

ucts

A N N U A L E X P E N D I T U R E

$300,000

250,000

200,000

150,000

100,000

50,000

0

(50,000)

(100,000)

Funded As Projects

Funded As Service

Cummulative Accelerated Benefits of LifeCycle Management Service

LifeCycle Management is a support agreement that offers you fl exibility in how you manage your plant assets and predictability in how your choices are fi nanced.

To be sure that LCM is right for you, consider

the following questions. If you answer yes

to any of them, then a comprehensive LCM

agreement is the appropriate solution for

your business needs.

Consider This:

• Is Return on Capital Employed (ROCE) a key plant operating metric for you?

• Is obtaining capital funding for hardware migration an issue for your plant or mill?

• Does your site have a long-term operating plan that defi nes investment areas, with productivity as a key investment criterion?

• Are your competitors investing in advanced process control technology?

• Do you have scheduled system shutdowns planned in the next one to ten years?

• Would you like to continue to meet or exceed your production requirements?

• Are increasing parts support costs inhibiting your ability to invest in new automation?

In addition to guaranteed parts and support

benefi ts, you also receive predictability in the cost

of supporting your installed assets and modernizing

when the time comes. LCM provides you with

shared cost savings because you no longer need

to negotiate multiple service agreements each

year. Now you have the choice of how to fund

the modernization in the way that best meets

your site’s operating budget.

The goal of an LCM agreement is to establish a

committed automation roadmap leading to either

electronic refresh or a complete migration during

the term of the contract. The electronic refresh

or migration will occur during planned plant or

mill outages and will not be dependent upon

product obsolescence issues. With LCM,

you are in control of your plant or mill asset

management strategy.

LifeCycle Management offers fl exible payment options to meet your needs. You choose whether to fund the investment as a capital project or evenly distributed expense payment.

Is LCM Right for You?

This following graph compares an ad hoc,

project- based approach to managing assets

with that of the LCM service.

A N N U A L E X P E N D I T U R E

$600,000

500,000

400,000

300,000

200,000

100,000

01 2 3 4 5 6

Y E A R S

LCM Contract Price

Modernization

Solution Enhancement Support Program

Spare Parts

Parts Management

Guaranteed Support,Predictable Costs.

LCM can give you the freedom to choose the support strategy to help you remain competitive in today’s marketplace.

Receive the benefi ts of modernization while

avoiding future cost increase.

Specifi cations are subject to change without notice.

BR-12-06-ENGMarch 2012©2012 Honeywell International Inc.

For More Information

Learn more about how Honeywell’s

LifeCycle Management can guarantee

support with predictable costs, visit our

website www.honeywellprocess.com or

contact your Honeywell account manager.

Honeywell Process Solutions

Honeywell

1250 West Sam Houston Parkway South

Houston, TX 77042

Honeywell House, Arlington Business Park

Bracknell, Berkshire, England RG12 1EB

Shanghai City Centre, 100 Junyi Road

Shanghai, China 20051

www.honeywellprocess.com