Honeywell's Big Bet on an E-Commerce Boom Pays Off

The transcript discusses Honeywell's acquisition of Intelligrated, a move into the digital world that has proven successful with double-digit revenue growth. Intelligrated benefits from the ecommerce boom, with Amazon as a key but not sole customer. Honeywell's strategy includes acquiring smaller companies like Transnorm to strengthen its position in warehouse automation. Although the business is initially dilutive to margins, future profitability is expected as the focus shifts to servicing. The transcript also explores Amazon's decision to partner with Intelligrated rather than keeping operations in-house.

What are the implications of Honeywell's strategy in warehouse automation?

Discuss the potential future profitability of Honeywell's Intelligrated business as mentioned in the text.