Honeywell (NYSE: HON) today announced new mobile solutions to help retailers improve productivity, streamline operations and deliver a better shopping experience in their brick-and-mortar stores.
The DolphinTM CT40 mobile computer is a full-touch, Android™ device designed for retail use to empower sales associates to better interact with shoppers by helping locate merchandise, access loyalty rewards program information and offer value-added services such as in-store pickup of online orders. Retailers can use the CT40 for in-store inventory management, receiving and stocking, point of sale, marketing display set-up, or support for click-and-collect services with online order pickup. With its five-inch display, compact design and removable battery, the device fits comfortably in an associate’s hand when interacting with customers.
Honeywell also announced the next generation of its high-performance, handheld barcode scanner for retailers who have a high volume of scanning tasks. The new Xenon™ XP is lightweight yet durable, and can quickly capture data from both 1D and 2D barcodes. The scanner can be used for point of sale, stockroom or registry tasks and is available in cordless, corded or battery-free models.
The new mobile devices were among the technology solutions Honeywell unveiled during its live product showcase hosted on May 23, at the company’s software center in Atlanta. A replay of the online broadcast can be viewed by visiting: http://hwll.co/retail-LIVE.
To win in their respective markets, retailers need to deploy innovative mobile technology that delivers the best experience and actionable business insights. According to a recent Honeywell survey conducted by YouGov, 67 percent of retail business leaders are planning to increase the use of mobile devices in their operations. The study identified areas of technology investments – including advanced analytics and mobile apps for customer engagement – that retailers are most likely to adopt in the near future.
“To stay competitive, retailers today need to provide their customers with a comprehensive and frictionless shopping experience in the store, online and during the delivery process. Our research has shown that retailers are investing in hardware and software tools to empower their associates while also gaining more information about what is happening with customers and inventory on the store floor,” said Peter Howes, president of Honeywell’s Productivity Products business. “With the CT40, Xenon XP and Honeywell’s Mobility Edge platform, we can give our customers the technology they need to drive conversion rates. Our new suite of mobile, connected solutions is helping retailers increase efficiency, streamline operations and obtain better data about their operations in order to address increasing logistics costs and high employee turnover rates.”
The new CT40 mobile computer is built on Honeywell’s Mobility EdgeTM platform, a unified hardware architecture and set of software tools that streamline the deployment and management of mobility solutions. The scalable platform, which supports four versions of the Android operating system, enables IT departments to develop and certify a software application a single time before deploying to enterprise mobile devices. This saves time and costs associated with configuring and maintaining mobility solutions across stores and warehouses.
Honeywell provides retailers with solutions – from label printers and RFID technology to labor management systems – to manage inventory, improve efficiency and provide better customer service. Honeywell’s Connected Retail Solution incorporates a worker-focused software system that runs on an Android or iOS device to help retailers standardize and streamline store tasks for their associates.
Android is a trademark or registered trademark of Google, Inc. in the United States and/or other countries.
Dolphin, Mobility Edge and Xenon are trademarks or registered trademarks of Honeywell International Inc. in the United States and/or other countries.
Honeywell Safety and Productivity Solutions (SPS) provides products, software and connected solutions that improve productivity, workplace safety and asset performance for our customers across the globe. We deliver on this promise through industry-leading mobile devices, software, cloud technology and automation solutions, the broadest range of personal protective equipment and gas detection technology, and custom-engineered sensors, switches and controls. We also manufacture and sell a broad portfolio of footwear for work, play and outdoor activities, including XtraTufTM and Muck BootTM brand footwear.
Honeywell (www.honeywell.com) is a Fortune 100 software-industrial company that delivers industry specific solutions that include aerospace and automotive products and services; control technologies for buildings, homes, and industry; and performance materials globally. Our technologies help everything from aircraft, cars, homes and buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.
Sunak to use budget to expand apprenticeships in England
LONDON (Reuters) – British finance minister Rishi Sunak will announce more funding for apprenticeships in England when he unveils his budget next week, the government said on Friday.
Employers taking part in the Apprenticeship Initiative Scheme will from April 1 receive 3,000 pounds ($4,179) for each apprentice hired, regardless of age – an increase on current grants of between 1,500 and 2,000 pounds depending on age.
The scheme will extended by six months until the end of September, the finance ministry said.
Sunak will also announce an extra 126 million pounds for traineeships for up to 43,000 placements.
Sunak’s March 3 budget will likely include a new round of spending to prop up the economy during what he hopes will be the last phase of lockdown, but he will also probably signal tax rises ahead to plug the huge hole in the public finances.
Sunak is also expected to announce a “flexi-job” apprenticeship scheme, whereby apprentices can join an agency and work for multiple employers in one sector, the finance ministry said.
“We know there’s more to do and it’s vital this continues throughout the next stage of our recovery, which is why I’m boosting support for these programmes, helping jobseekers and employers alike,” Sunak said in a statement.
(Reporting by Andy Bruce, editing by David Milliken)
UK seeks G7 consensus on digital competition after Facebook blackout
LONDON (Reuters) – Britain is seeking to build a consensus among G7 nations on how to stop large technology companies exploiting their dominance, warning that there can be no repeat of Facebook’s one-week media blackout in Australia.
Facebook’s row with the Australian government over payment for local news, although now resolved, has increased international focus on the power wielded by tech corporations.
“We will hold these companies to account and bridge the gap between what they say they do and what happens in practice,” Britain’s digital minister Oliver Dowden said on Friday.
“We will prevent these firms from exploiting their dominance to the detriment of people and the businesses that rely on them.”
Dowden said recent events had strengthened his view that digital markets did not currently function properly.
He spoke after a meeting with Facebook’s Vice-President for Global Affairs, Nick Clegg, a former British deputy prime minister.
“I put these concerns to Facebook and set out our interest in levelling the playing field to enable proper commercial relationships to be formed. We must avoid such nuclear options being taken again,” Dowden said in a statement.
Facebook said in a statement that the call had been constructive, and that it had already struck commercial deals with most major publishers in Britain.
“Nick strongly agreed with the Secretary of Stateâ€™s (Dowden’s) assertion that the governmentâ€™s general preference is for companies to enter freely into proper commercial relationships with each other,” a Facebook spokesman said.
Britain will host a meeting of G7 leaders in June.
It is seeking to build consensus there for coordinated action toward “promoting competitive, innovative digital markets while protecting the free speech and journalism that underpin our democracy and precious liberties,” Dowden said.
The G7 comprises the United States, Japan, Britain, Germany, France, Italy and Canada, but Australia has also been invited.
Britain is working on a new competition regime aimed at giving consumers more control over their data, and introducing legislation that could regulate social media platforms to prevent the spread of illegal or extremist content and bullying.
(Reporting by William James; Editing by Gareth Jones and John Stonestreet)
Britain to offer fast-track visas to bolster fintechs after Brexit
By Huw Jones
LONDON (Reuters) – Britain said on Friday it would offer a fast-track visa scheme for jobs at high-growth companies after a government-backed review warned that financial technology firms will struggle with Brexit and tougher competition for global talent.
Finance minister Rishi Sunak said that now Britain has left the European Union, it wants to make sure its immigration system helps businesses attract the best hires.
“This new fast-track scale-up stream will make it easier for fintech firms to recruit innovators and job creators, who will help them grow,” Sunak said in a statement.
Over 40% of fintech staff in Britain come from overseas, and the new visa scheme, open to migrants with job offers at high-growth firms that are scaling up, will start in March 2022.
Brexit cut fintechs’ access to the EU single market and made it far harder to employ staff from the bloc, leaving Britain less attractive for the industry.
The review published on Friday and headed by Ron Kalifa, former CEO of payments fintech Worldpay, set out a “strategy and delivery model” that also includes a new 1 billion pound ($1.39 billion) start-up fund.
“It’s about underpinning financial services and our place in the world, and bringing innovation into mainstream banking,” Kalifa told Reuters.
Britain has a 10% share of the global fintech market, generating 11 billion pounds ($15.6 billion) in revenue.
The review said Brexit, heavy investment in fintech by Australia, Canada and Singapore, and the need to be nimbler as COVID-19 accelerates digitalisation of finance, all mean the sector’s future in Britain is not assured.
It also recommends more flexible listing rules for fintechs to catch up with New York.
“We recognise the need to make the UK attractive a more attractive location for IPOs,” said Britain’s financial services minister John Glen, adding that a separate review on listings rules would be published shortly.
“Those findings, along with Ron’s report today, should provide an excellent evidence base for further reform.”
Britain pioneered “sandboxes” to allow fintechs to test products on real consumers under supervision, and the review says regulators should move to the next stage and set up “scale-boxes” to help fintechs navigate red tape to grow.
“It’s a question of knowing who to call when there’s a problem,” said Kay Swinburne, vice chair of financial services at consultants KPMG and a contributor to the review.
A UK fintech wanting to serve EU clients would have to open a hub in the bloc, an expensive undertaking for a start-up.
“Leaving the EU and access to the single market going away is a big deal, so the UK has to do something significant to make fintechs stay here,” Swinburne said.
The review seeks to join the dots on fintech policy across government departments and regulators, and marshal private sector efforts under a new Centre for Finance, Innovation and Technology (CFIT).
“There is no framework but bits of individual policies, and nowhere does it come together,” said Rachel Kent, a lawyer at Hogan Lovells and contributor to the review.
($1 = 0.7064 pounds)
(Reporting by Huw Jones; editing by Jane Merriman and John Stonestreet)
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