Microsoft has made an unspecified investment in Honeywell to promote its software to members of the engineering firm's Myplant.com portal for the manufacturing industry.
Honeywell, a developer of automated controls, launched Myplant.com in July to provide software and advice to plant managers, engineers and operations staff in the manufacturing sector. The site boasts 3500 members and 300 advertisers, and Honeywell claims the portal will generate $500m revenue by 2003.
Michael Bonsignore, chief executive of Honeywell, said:"Myplant.com enhances the value of the internet to manufacturing facilities worldwide through the use of plant operating data, technology solutions and advanced services that help reduce operational costs, and improve productivity and revenue growth."
Myplant.com will use Microsoft Windows DNA 2000, the software giant's ebusiness applications platform, as well as Microsoft's MSN™ service. In return Microsoft will link Myplant.com to sites such as Verticalnet that run online trading communities for a variety of sectors.
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