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Honeywell (HON) & Theatro to Enhance In-Store Work Efficiency
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Honeywell International Inc. (HON - Free Report) recently announced that it is teaming up with Theatro to develop joint Software as a Service (SaaS) solutions for retail store associates. The partnership will also allow Honeywell to be an official reseller of SaaS subscription services offered by Theatro. As a matter of fact, this will augment the offerings of Honeywell's In-Store Connected Retail Solutions portfolio.
Notably, the joint solutions will offer Theatro’s SaaS platform subscribers with a seamless service experience while accessing the service from a Honeywell Mobility Edge device or from a Theatro Communicator. Theatro will work on optimizing its mobile application software to facilitate its use on Honeywell mobile devices. With this collaboration, users will experience high-quality voice communications on Wi-Fi networks on Theatro Communicator as well as Honeywell Mobility Edge device.
Theatro’s voice-controlled mobile applications, analytical insight apps and employee location capability improve the efficiency of retail store activities by creating a more engaged and informed workforce. Its integration with Honeywell devices will enable in-store workforce to utilize Theatro’s unique intelligent, in-ear virtual assistant and voice applications. Notably, with this added functionality, hourly workers will be able to respond to customer inquiries in a more effective and efficient manner.
Existing Business Scenario
Strong demand for state-of-the-art technology solutions like Falcon Connect and increased technology spending of the global commercial aviation industry will likely continue to bolster Honeywell's revenues in the quarters ahead. The company currently anticipates generating organic sales growth of 6% in 2018.
Also, the company has been steadily improving its liquidity on the back of its unique HOS Gold working capital tool and increased operational efficacy. Moreover, Honeywell has progressed well with its portfolio transformation strategy.
Over the past six months, the this Zacks Rank #3 (Hold) company's shares have lost 6%, narrower than 12.5% decline recorded by the industry.
However, Honeywell is presently facing inflationary headwinds across its entire supply-chain process. Escalating costs might dent its profitability in the quarters ahead.
Hitachi delivered average earnings surprise of 55.51% in the trailing four quarters.
Carlisle pulled off average positive earnings surprise of 11.90% in the trailing four quarters.
HC2 Holdings’ earnings surprise in the last reported quarter was 111.90%.
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Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
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Honeywell (HON) & Theatro to Enhance In-Store Work Efficiency
Honeywell International Inc. (HON - Free Report) recently announced that it is teaming up with Theatro to develop joint Software as a Service (SaaS) solutions for retail store associates. The partnership will also allow Honeywell to be an official reseller of SaaS subscription services offered by Theatro. As a matter of fact, this will augment the offerings of Honeywell's In-Store Connected Retail Solutions portfolio.
Notably, the joint solutions will offer Theatro’s SaaS platform subscribers with a seamless service experience while accessing the service from a Honeywell Mobility Edge device or from a Theatro Communicator. Theatro will work on optimizing its mobile application software to facilitate its use on Honeywell mobile devices. With this collaboration, users will experience high-quality voice communications on Wi-Fi networks on Theatro Communicator as well as Honeywell Mobility Edge device.
Theatro’s voice-controlled mobile applications, analytical insight apps and employee location capability improve the efficiency of retail store activities by creating a more engaged and informed workforce. Its integration with Honeywell devices will enable in-store workforce to utilize Theatro’s unique intelligent, in-ear virtual assistant and voice applications. Notably, with this added functionality, hourly workers will be able to respond to customer inquiries in a more effective and efficient manner.
Existing Business Scenario
Strong demand for state-of-the-art technology solutions like Falcon Connect and increased technology spending of the global commercial aviation industry will likely continue to bolster Honeywell's revenues in the quarters ahead. The company currently anticipates generating organic sales growth of 6% in 2018.
Also, the company has been steadily improving its liquidity on the back of its unique HOS Gold working capital tool and increased operational efficacy. Moreover, Honeywell has progressed well with its portfolio transformation strategy.
Over the past six months, the this Zacks Rank #3 (Hold) company's shares have lost 6%, narrower than 12.5% decline recorded by the industry.
However, Honeywell is presently facing inflationary headwinds across its entire supply-chain process. Escalating costs might dent its profitability in the quarters ahead.
Stocks to Consider
Some better-ranked stocks in the same space are Hitachi Ltd. (HTHIY - Free Report) , Carlisle Companies Incorporated (CSL - Free Report) and HC2 Holdings, Inc. . While Hitachi sports a Zacks Rank #1 (Strong Buy), Carlisle and HC2 Holdings carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Hitachi delivered average earnings surprise of 55.51% in the trailing four quarters.
Carlisle pulled off average positive earnings surprise of 11.90% in the trailing four quarters.
HC2 Holdings’ earnings surprise in the last reported quarter was 111.90%.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>