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Energy · head to head

Honeywell Building Management vs Novity

Honeywell Building Management logo

Honeywell Building Management

Energy

Integrated building and energy management system

From
On request
Rated
-
Full reviewWebsite
Novity logo

Novity

Energy

Hybrid physics and machine learning prognostics that estimate remaining useful life for process equipment

From
On request
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Honeywell Building Management honeywell Building Management publishes no online pricing across its product category pages (buildings.honeywell.com/us/en/products); the only purchasing path offered site-wide is a Contact Us support form, consistent with B2B building automation sold through installers/distributors rather than direct sale.; Novity novity is a small venture-backed company with a strategic investor rather than a profitable business, so continuity risk is real and the Tokyo Gas investment signals a likely eventual acquisition that would reset the roadmap.
  • They diverge on capability: Honeywell Building Management covers HVAC control, Novity covers TruPrognostics engine.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which Honeywell Building Management and Novity actually diverge.

Attributes where Honeywell Building Management and Novity differ
AttributeHoneywell Building ManagementNovity
PlatformsWeb, MobileWeb, Cloud
Founded1906Unknown

Identical on both: starting price (On request), pricing model (quote), free tier (No), user rating (Not yet rated), category (Energy).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Honeywell Building Management

  • HVAC control
  • Lighting management
  • Energy analytics
  • Maintenance tracking
  • Security integration
  • Microsoft
  • Google
  • SOC2

Only in Novity

  • TruPrognostics engine
  • Cold-start modelling
  • Fault mode diagnosis
  • Remaining useful life
  • Existing sensor reuse
  • Recommended actions
  • Historian connectors
  • Asset class libraries

What people use each for

The jobs each tool is most often brought in to do.

Honeywell Building Management

  • Building automationnot Novity
  • Energy optimizationnot Novity

Novity

  • A gas processing plant that needs a defensible time-to-failure number before deferring a turnaroundnot Honeywell Building Management
  • An LNG terminal with critical compressors and no run-to-failure history to train a conventional modelnot Honeywell Building Management
  • A wastewater operator whose existing vibration alarms are ignored because they carry no severity or horizonnot Honeywell Building Management
  • A generator operator supplying data centre load where an unplanned trip carries contractual penaltiesnot Honeywell Building Management

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Honeywell Building Management

  • Honeywell Building Management publishes no online pricing across its product category pages (buildings.honeywell.com/us/en/products); the only purchasing path offered site-wide is a Contact Us support form, consistent with B2B building automation sold through installers/distributors rather than direct sale.

Novity

  • Novity is a small venture-backed company with a strategic investor rather than a profitable business, so continuity risk is real and the Tokyo Gas investment signals a likely eventual acquisition that would reset the roadmap.
  • Physics-based models must be configured per equipment class, so each new asset type is an engineering engagement rather than a configuration screen, and rollout speed is limited by Novitys own capacity.
  • Prognostics depend on the quality and sampling rate of your historian data; plants recording ten-minute averages will not get useful remaining-useful-life estimates without new instrumentation.
  • Nothing about pricing is published and there is no self-service entry point, so evaluation always starts with a sales-led pilot on a handful of assets.
  • The deployment footprint is concentrated in oil and gas, LNG and water, so reference customers and pre-built asset models outside those industries are limited.

Pricing, plan by plan

Honeywell Building Management

On request

No published plan breakdown. See the Honeywell Building Management review.

Novity

On request
  • TruPrognostics$undefined/year
    • Quoted per asset class and monitored equipment count
    • Model configuration and commissioning quoted as a project
    • Typically an annual subscription tied to a pilot then a rollout

Which should you pick?

Choose Honeywell Building Management if

  • You need hvac control.
  • You work on Web, Mobile.
  • You also want lighting management.
Honeywell Building Management review

Choose Novity if

  • You need truprognostics engine.
  • You work on Web, Cloud.
  • You also want cold-start modelling.
Novity review

Questions people ask

Is Honeywell Building Management or Novity better?
Neither clearly leads. Honeywell Building Management starts at On request and Novity at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Honeywell Building Management or Novity?
Honeywell Building Management starts at On request and Novity at On request.
Does Honeywell Building Management or Novity run on more platforms?
Honeywell Building Management runs on Web, Mobile. Novity runs on Web, Cloud.
What is Honeywell Building Management best used for?
Honeywell Building Management is most often used for building automation, energy optimization. Of those, building automation and energy optimization are not what Novity is typically brought in for.
What can Honeywell Building Management do that Novity cannot?
Honeywell Building Management covers HVAC control, Lighting management, Energy analytics, Maintenance tracking. Novity covers TruPrognostics engine, Cold-start modelling, Fault mode diagnosis, Remaining useful life.

Answered from the vendors’ own pages

Novity: What does Novity actually output?

A named failure mode and an estimated remaining useful life with a confidence band, not just an anomaly alert.

Novity: Do we need failure history to train it?

No. The physics component is what lets it produce useful prognostics on equipment with little or no run-to-failure data.

Novity: Do we need new sensors?

Often not. It reads from your existing historian, but low sampling rates or missing measurements can require additional instrumentation.

Novity: Who backs the company?

It was spun out of Xerox PARC and took a strategic investment from Acario Innovation, the venture arm of Tokyo Gas, in 2026.

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