Lifecycle Management (LCM) is a multi-year service agreement that guarantees asset support for Honeywell hardware and software products in your plant or mill until they are modernized or retired. The basis for these activities is your site strategy—not Honeywell’s product introduction and withdrawal timetable.

The goal of an LCM agreement is to establish a committed automation roadmap leading to either electronic refresh or a complete migration during the term of the contract. With LCM, you can start down the path to modernization today and get there incrementally as your plant or mill needs and schedule dictates.

LCM offers flexibility in how you manage your plant assets and predictability in how your choices are financed. You choose when to modernize, what components of your solution you want to invest in, how you fund the transition, and how much longer you want to maintain your current capabilities. LCM effectively extends your equipment life while providing a cost-effective path forward to the latest technology and functionality of advanced control.

A complete LCM solution includes the offerings from Honeywell's extensive portfolio of services that best support your long-term strategies. LCM bundles them into a single support agreement that ensures that you achieve your asset management goals.