US-based Honeywell has signed a non-binding memorandum of understanding (MoU) with Narayana Hrudayalaya (Narayana Health), in Bengaluru, to identify, assess and collaborate on opportunities for the latter’s digital transformation journey.

This will enable Narayana Health to offer technology-driven, affordable and accessible healthcare for all. The MoU is subject to definitive agreements to be executed between Honeywell and Narayana Health.

Based on the terms of the MoU, Honeywell and Narayana Health will work towards co-innovation and introduction of new products, establish technology development centres, co-create joint capabilities in technology development and research, and undertake the development of fire safety codes that ensure an end-to-end life safety system to make hospitals safer.

As a technology partner, Honeywell will also help enhance and optimise Narayana Health’s digital processes and offer training to its employees.