The digital revolution is transforming the way we live and work with exciting new products that connect us and incorporate software and data in new ways, but this revolution is also rapidly disrupting industries as never before. Honeywell Chairman and CEO, Dave Cote recently attended the Milken Institute’s Global Conference in Santa Monica, California to participate on the panel discussion “Digital Darwinism: How Companies Can Survive and Thrive in the Digital Age.” Cote was joined on-stage by Nikesh Arora, President and Chief Operating Officer, SoftBank Corp.; John Chen, Executive Chairman and CEO, BlackBerry; and Sallie Krawcheck, CEO and Co-Founder, Ellevest, in a conversation moderated by Andy Serwer, Vice President and Editor-in-Chief, Yahoo Finance.
Shrinking technology life cycles are forcing companies to think ahead or risk falling behind. Cote discussed how Honeywell is leveraging software to stay competitive and the challenges of integrating new technology applications into a traditional industrial business. Honeywell is focused on blending its extensive expertise in physical product manufacturing with digital software solutions to evolve into a premier cyber industrial company.