YouSaid · the spoken record

Vimal Kapur

lines on the record: 68
first: 2026-05-22
most recent: 2026-05-22
sittings or episodes: 1
sources: podcast

Every line below is reproduced as it was said and linked to the record it came from. Nothing here is summarised or generated. Directory · Search · Corrections

“I don't know. I think I'm always excited about learning new technology all the time. I'm still very curious to read things, how they work. I think I will say that staying curious is very important for us as a human being. We should never be satisfied on what we know. We should always ask the question, what we do not know, whether it is about a technology or a business process, or for that matter, any fact of life. And more you are curious, more successful you are because you're open-minded and you're always willing to learn. And that has been my principle all my life. Always learn something new about anything and you feel very fulfilled.”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“I mean, both are fascinating career. I would say engineering is a carrier which gives you a lot of options. So do pursue that because it gives you a wide variety of choices. Management is something that people should do who have more willingness to take risk and have courage to make decisions. Because in the end, at some point in your career, you will have to do both. And if you think that's not your sphere, that's something you're not good at it, I would rather argue than you choose something you're really good at versus otherwise you're going to get saturated at some point. But management is an excellent carrier by itself, so both are excellent.”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“Have you ever asked them the question why do you do what do you do? So I kind of have very diverse reading habits of waiting from my business specific to leadership to some of the country specifics. Yeah, talk around a lot on that.”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“So books I read variety both from leadership to sector specific. Recent one of the book I'm reading is The Price from Dan Jorgen. If anybody is interested about oil economy, please do read it. Six months back, I started reading Chip War. So, some of the sector specific things, but also read about leadership of some of the people I admire. Dave Cody, who was chair C of Honeywell for a long time, he has some very fascinating book, Winning Now and Winning Later. Indra Anuing joined our board recently. She has some fascinating leadership books. So I read some of them. I read a lot of books on China. I think it's underestimated the scale of that economy. So I think we just need to There's a book called Wordsview, China's View of the Word, very interesting book. It's like, we have a view about China. What about their view?”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“My early managers, I mean, I was lucky to have some very good managers who taught me different things, not to be fearful about whom you're talking to, how do you think about value propositions, how to think global scale. So I think in Honeywell, you're blessed to have some very strong leaders in different part of my career and in the first 15, 20 years, which really shape you. Because if you what shapes you is the first 15-ish years of your life, because once those value system is built in your brain, you kind of live with that. And I was benefiting from some very powerful vendors in different parts of the company.”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“I think the point we discussed earlier that the automation gets heavily enabled by AI and really create the intelligence layer and that opportunity it creates is being underestimated. I think this opportunity is real because of the skill shortage, because of the knowledge captures that got created over a period of time. So I truly believe that's something which needs more conversation and more emphasis”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“It is more thoughtful in terms of which how do you prioritize all things being equal, reshoring is the right thing to do. But my personal view is we should pick up the top five and say, okay, here are the five. We want to go really go after and make it successful. Of course, try to do everything is going to be just extremely difficult in order to prioritization.”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“Correct. So there are technologies in which US have an advantage. U.S. have to rebuild its supply base for some of the critical sectors like semiconductor, like pharmaceutical, which are mission critical. And I think that's underway. But we need to have patience that those things take years to happen. There's not a switch to say we want to do it and those things show up. They can take five, seven, ten years. So I think it's heading in the right direction. We as a country have all the capabilities. We have the capital, we have the know-how, but we have to refurbish some of our skill, which we lost over a couple of years in few portions of industrial sector. But let's not forget we have very, very capable companies which created the same sector all over the world. So those have not gone away.”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“We have to look at what's look ahead versus trying to look back and be skeptical about it. Look ahead, the problems which the world is in ahead of us, we clearly know the U.S. lead in AI. So how do we protect the lead?”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“The fence is a big opportunity for our aerospace business. That's about 40% of the aerospace business. So it's certainly the current changes in geopolitical environment and government spending more money is only positive. So it's going to become even more growth driver for the business compared to what it had. So when we started this thesis two, two and a half years back, we did not predict this level of demand in the defense. But now that's really a reality, whether it's in US, whether it's some of our US allies, there's a lot more growth opportunity across the board for different products and services we provide.”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“If I have to buy Correct because we can't make everything. So if a component is made in Korea like batteries, we have to buy it from there. And if a component is made in China or somewhere else, we have to buy it from there. So that impact is certainly not under our coverage because we don't have an endless capacity to invest in everything. But our core manufacturing, we have 150 factories and they're well distributed around the world and they are well distributed across the world. So we don't have this foundational challenge of reshoring, but we certainly have to deal with changing environment in which we have to think about more local supply-based development, aligned to what the expectations are at this point of time.”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“It was not big for us. We were mostly down to the second part of your question. We have been doing manufacturing local for local for multiple years. So we made for US, in US, made for Europe in Europe, made for China, in China. So we don't move a lot of stuff around. However, what we cannot control is the global nature of the components we buy.”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“That's definitely a challenge for companies to have more stability is what companies want. So I would say that companies like us have very mature processes to deal with it. So every time this issue occurs, we have some sort of disturbance for Depends four weeks, eight weeks, 20 weeks. Who knows, depending on the situation. So we have learned how to deal with it, but it doesn't come without a cost. You lose some growth in that window. You may have to incur extra cost like it happened in case of tariff because when tariff got announced, we have no choice but to pay it. Right, and whether we can recover it or not is a subsequent decision.”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“So we can't create a magic AI application and sell to everybody. We have to be purposeful that where do we use our data and what problem we solve, which only come from years of experience. So those two really become in a way a constraint for a generic company to come in because the data friction and lack of understanding of domain, which means companies like us, which possess both, have to solve this problem. And that's why we are very bullish about it to say we are going to do it. We're going to take all the capabilities from tech companies and build new set of capabilities to take our industry from a pure play automation to more towards autonomy. And autonomy doesn't mean humans will disappear. Humans will become more empowered. Humans will become more capable. And to the extent there's some skill shortages, it'll address that point.”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“It doesn't mean we should not do anything about it So say, oh, I'm protected. It means we should take it seriously to think of potential threats coming in because of the data friction is removed, which is hard to do, but humans are very intelligent. So we have worked very hard to remove the data friction and also use our domain knowledge. Because interestingly, you cannot solve a horizontal problem in industrial domain. What I mean by that is you do not have a software application like a CRM system or an HR system. The problems of each sectors are very different. If you're a refinery, you're trying to produce more jet fuel and more diesel. If you are a life senses manufacturing facility, you're trying to produce drug with minimal quality giveaway. But if you're a data center, you want more uptime. Your problems are so different.”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“So, I think we have to appreciate the fact that where we are deploying AI It is substantially different from what we are generally talking about in broader public domain. If you think of applying AI in an industrial system, let's take a case of a hospital and I want to apply AI into automation system to make it more efficient. The data of that is not in public domain. Data is in Honeywell system, or one of our competitor system. So you cannot go to internet and train anything because there's nothing to train on. So that makes data friction a big problem in industrial sector, which in a way becomes a protection layer. For us, but that doesn't mean”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“Very different scenario. And I think that makes our case more compelling. The adoption rates are driven by a near, real need versus we are trying to create a need which is unknown. And that's not being...”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“I think the AI impact will be different in each sector. And I think if we make it too broad brush, we are losing the bigger picture. But when we are making it specific to a segment, then you are being more precise to say in context of the end markets we serve, the industrial sector, I talked about examples. There it's all about the skill shortage issue, which is very different from if we are using AI for better search engine, if I may using AI for making a summary of our talk, which somebody can do in, that's a very different use case, and one can argue, is it going to add productivity or not? Or is it going to take away jobs? That's a different scenario from simply not having people to do work.”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“So, this is a universal issue. This is not invented here. Now we get excited on the job displacement happening with robots and humanoids. That's a small portion of a manufacturing industry. That probably is also displacing some tasks which humans are not willing to do, like lifting boxes, right? It's not very interesting. But then there are other jobs with other sectors which we address where a physical AI or intelligence layer is going to create a tremendous amount of economic value.”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“Skilled labor, Europe has more population shrinkage than US. Go to Japan and Korea, they have the same problem. China has population shrinkage”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“We are not inventing the problem. This problem exists for it. And by the way, this problem is everywhere in the world. This is not a US problem only.”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“Implement that fair. I think there's a scenario in your example because it's a technology displacement of some old method versus a more new method. But the reason I believe more bullish about it is that we are solving a known problem. And the known problem is word has less people to do a lot of work around skill labor in the industrial world. That's a real problem So, our solution is not trying to find a problem. We are giving a solution to a known problem. Adoption rates are lower because of the change management issue, but this is a change management of the order of 18 months, 24 months, 30 months. Not a decade. Not a decade. So I remain very optimistic given my... Experiencing these sectors, the adoption rates are going to be much more quicker because the problem is real.”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“Retirals coming and our customers are worried about knowledge going out of the door, they're looking at a mechanism of knowledge capture so they can perform their task, that's also penetrating very rapidly. So scenarios are different. Some scenarios are looking at, I never paid attention. And now I can do it. Some are saying, I have less people, do something about it. But the capability is fundamentally the same. It's the same capability which solves both the problem.”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“Applies to all of these kind of assets. And many people have done this work. So it's not that we have created some new invention. Some of them have done this kind of discovery, but this effort was not very standardized. It's like a custom-made thing somebody will do because you are a big company, you can afford it. But when you do it a large scale, there are hundreds of these chains. There are hundreds of retail stores. We're also doing similar work, one of the big retail store chains, very similar example. These distributed assets are becoming a way of capturing value at one end of the equation. On the other end of the equation, when you have”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“Once these were thinking running of my own, nobody paid attention, even though they desired to do something, there was no mechanism. So we created an easy mechanism to make this available to the customer so all of a sudden they were able to generate a lot more productivity without adding too much of cost. And that's a part of the new tools which is coming in, which was not possible. And that gives me a lot of excitement that this is going to be much more level of productivity, efficiency, which is less talked about. Whenever there's AI dialogue, it's about jobs, it's going to cut jobs. Nobody talks about economic value creation it is doing a real value for our customer base, making people more productive. That's the story of the industrial side, which is probably requires more amplification.”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“Think about it. I mean, when you look at a small fast food dining restaurant, there's not much automation in that, but it consumes energy for sure. I mean, let's take a typical McDonald's restaurant as just as an example. There's a kitchen there. There's a fryer. There's a refrigeration. It's just keeping a lot of products there. There's, of course, lights going on. These assets were never thought as a way to improve energy efficiencies by companies like us. We say we should automate a large hospital.”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“I would say I'm very excited about opportunity we see. A year from now, I would argue that the penetration will go up substantially up because it's a real economic value creation. From what we are really propping. And we as a country are leading because we have the core components of this technology. And now we have to take this capability across the world. And our customers are excited. They really like what we are doing.”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“We are in the, not in the early innings, but we are in the stage of deployment of these capabilities across different customer base. Why it is not taken up at scale is because our customers have to go through a significant change management in their organization. Because fundamentally, the roles of people are changing. Some roles require skills which are less important today and some more new skills are required. And they can't do that overnight just because I created a new set of technology. They have to absorb it. They have to ingest it. But we have some fabulous examples on customer usering and scale in different sectors like university systems, quick service restaurants. People are using some of our technologies at a very large scale in refineries, et cetera. So I would say that if I'm sitting with you 12 months back, I would have said very modest deployment.”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“Use the cloud power, which is there from Amazon and Microsoft, but really build a purpose built offering from an industrial sector. And as we are doing that, we are able to create the agentic models for our customers, and that's what they buy from us. The underlying plumbing, what we have, they don't want to know it. They don't want to know how this is built. So you're automating this piece of my work. That's great. So I'm going to get more productivity for that. How much I should pay you for it, right? So, I would say we are in a state that this is no more a hypothesis.”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“So, I would say that We as a country have an advantage of being the leader in the space of cloud and data science. And companies like Honeywell has responsibility to take the know-how which the tech sector is creating, be it Microsoft, be it Google, be it Nvidia and all the very capable tech companies. How do we bring that capability into our sector? Because our customer is not going to go and they are not looking to buy a cloud capability or they're not looking to buy AI LLM. They want to solve a problem. They want to run a business. They want to run our operation. They want to have more uptime. They want to have more profitability. So our job is to take our system to what I mentioned to you before and add this intelligence layer. And what this intelligence layer is all about taking capability from the tech companies, takes large language models from the likes of Google and Nvidia.”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“We were far along the way in our own analysis by that time. So I think those are parallel things happening. So there's no one thing you can attribute to say that this thing influenced it. It's a combination of the reason which all come together. And that's what really brings us to where we are today.”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“But the decision on the outward look very similar. They look like they all did the same thing, but they all came from very different backgrounds and different set of assets. When we started looking at it, some people believed that we got influenced by success of GE. I want to remind that GE success came post our decision. That was a process which was occurring. So yeah, that's a data point to say they are also doing it, but some of the success we have observed, some outstanding work by the GE leadership team that really started happening 24, 25 timefr”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“Way, way different. I mean, so I would say that our drivers were more around what I talked about. Our stock price were more static. We did not destroy any shareholder value. So our question was, how do we create more shareholder value with external factors coming in, growth of aerospace, growth of AI? Is that inflection point for us to make a different decision? So we did it more from a point of strength versus we have some crisis coming in. So sometimes you use your point of strength to make the right decisions. And we did it fast and we did it right. I think every other company came from a different circumstances.”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“The situation for each company is very different because separation cannot create value alone by itself. You have to be convicted that the standalone asset has enough growth potential and asset base, which is going to grow, which is going to create value. So I think comparing example you gave versus Honeywell is absolutely very different portfolio.”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“This will persist until something else comes in now, where there's a case to do something else. And I feel good about where we are in opposition, and this is going to create much more shareholder value.”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“China came into WTO, the word became more global, and there was much more global trade, which became the norm on how companies were growing. So all US companies started growing globally. But at the same time, they were able to drive a lot of productivity by taking manufacturing into Asia, a lot of manpower productivity by doing work in a different virtual way with a lot of IT skills coming in. So there was a case to make bigger companies bigger because they had the unique know-how to drive a lot of productivity and scale at a global scale because they were already present there. And that cycle persisted for almost 15 years till the time that value was captured. and that value capture became generally known. Therefore, the question”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“I think every business model has an era, so I think we have to go back to what created this era of conglomerate or larger companies. It really started from when the word was started becoming more globalized after 2000”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“Or if you support their point, then you have to execute it. And in that case, it just becomes much more of not what to do, but how to do it. So our conversation with Eliot, like any other shareholder was, this is a situation. Here are the paths. This is how we are thinking about it. And we benefited from their expertise in capital markets, how the shareholders will react. And definitely that helped us to shape our decision in terms of in a certain way, which was very constructive.”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“So we treated them as another shareholder who, as a point of view, and we have to articulate our strategy. So there was strong convergence on the thinking. And I think we worked with them very collaboratively on path forward. And I would say that there's a lot of being said on activist shareholder, but my experience is that they are like any other shareholder who have a logical argument. If you have a counterpoint, you should support this with the facts and data”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“I would say the situation in our case was a bit unique because we started doing work to investigate our future optionality early 2024 and did a lot of work and actually even announced the separation of chemicals business in October. Eliot wrote a letter which was in public domain and I got to see it in the same time and if everybody else saw it to say we should further split aerospace and rest of Honeywell too. That was ergonomic. There's more value to be created. The good news was that we already had done the work and we were convinced that's the right thing to do, but we had not announced anything.”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“We will pitch in different components and systems of honey whale. Customers will select many of them. Some of them, then that will become part of that fleet for decades and decades. So it's a multi-product business, not constrained to one particular product line. And the business model is more powerful because it's a systems approach and not a component approach. So you're right in the heart of the systems. You understand how the whole mechanics work and really add more value for our customers.”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“Smaller engine, the business jet engines we make, we don't make the big engines, but we are a systems company. We make different component from the nose to tail of the plane. So, our components are right in the cockpit. Our components, we make radars, we make navigation system, we make brakes for the plane, we make environmental controls in the plane. So we're a systems company. We make engines, we make APUs. So our approach is system design for a new platform. So every platform comes in and it could be a commercial plane, could be a business, it could be a defense platform.”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“So, we want to narrow down to a few very large and impactful segments. This market size is about 200 billion dollars. We will be just shy of 20 billion of revenue, so we have a lot of runway to think about creatively what more we can do. How do we grow more? So we're not shortage of runway. Secularly, automation is a naturally high growth segment because it's something which is so basic to existence of an industrial facility or on an asset. And then when you add the AI story coming on top of it, it's going to have increasingly more growth momentum. So all things being said, yeah, it's very well positioned for a compelling future.”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“So think about automation business serves three large end markets, all types of buildings, all types of energy facilities and all types of industrial facilities. That's what we have kept in the automation. And we also were conscious that we should not make automation business serving so many segments that it becomes confusing again”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“Chemicals business, they make refrigerant, which goes into your car, which goes into your home They have some other technologies which are related to chemicals. That business is doing extremely well as a standalone company. The automation which you mentioned, building automation or automation of industrial facilities, that's part of the remaining honeywell. Which is Honeywell Automation. Now, we will not be called Honeywell Automation. We're using just as an equal descriptor on what the business will be. We will reimagine our name as we go by in a couple of weeks from now and we'll reveal that name, what it should be. But for the sake of simplicity, the chemicals business in aerospace business and an automation business.”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“Became a standalone business in October of last year doing extremely well since we spun it off now for six months. Very proud of the management team and the board which is running this company. The aerospace will become a standalone company in about six to eight weeks from now, six weeks actually as we speak today. 29 June is a date and date is firm. We're quite committed to that. And it's going to be a leader in its segment in aerospace. And Remain Corps will be a pair automation company, which will be probably one of the largest, if not the largest automation company in the world.”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“And these two external drivers are occurring simultaneously, a huge demand in our largest business, which is aerospace, automation, which is core to Honeywell, is going to probably redefine itself with AI. Should we do it as one company or should we do it as a, in a different construct? And that question get into a problem solving by early 24 to say, let's look at all the scenarios, what's possibilities, what others are doing. And as we did the work over 2024, we got more and more conviction. It's better to separate automation and aerospace into two separate companies, but we ended up making three decisions because specialty chemical is extremely good business, which neither fitted in any one of these two. And we said it's compelling to also spin that off as a separate company. So rather than ended up becoming three.”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“But I started the job in the middle of 23 as a CEO of the company, two things happened in the year of 23, which is good to kind of reflect back just three years back. That was the first year when the aerospace cycle really became very strong. That was a year one where everybody said, oh, this industry is growing a lot. Let's pay more attention to it. And this was also the first year when something called AI was talked, right? So if we were sitting here three years back, we wouldn't be talking AI. So it's that recent phenomena. So the question we had to really ask ourselves that if we have to simplify as a company,”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“So thinking behind that was when I started as a CEO, my incoming thesis was that we have to simplify this company. It's performed extremely well. Great return to shareholder, great service to our customer. But what will we do for the next 25 to 30 years? Are we set up for that? And my thesis was that we need to simplify this into few things where we have a scale”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source
“Always worked. So you as a human being can say, okay, I think I will choose this logic. So humans still need to make a decision. So I think it's a changing the human and making them more capable at the heart of it. And the reason it becomes even more compelling now is the shortage of skills which are happening in the industrial sector for performing these kind of tasks. So I would say it's a perfect convergence of the situation that more capabilities coming into our system because of availability of data science. And at the same time, situation requires this capability to be there because less people are available to do this work. And that's going to create more capability in automation system. Makes its automation system better in terms of what it can do by preserving its capability”
2026-05-22 · Masters in Business · The Future of Automation and AI with Honeywell CEO Vimal Kapur · IDENTIFIED FROM THE TRANSCRIPT · source