Adarsh Krishnan, principal analyst at IoT Analytics, commented: "This makes the industrial automation business as big as the aerospace business – at about $12 billion in revenues. This new realignment will give the industrial automation business some additional heft for organic and inorganic growth through targeted acquisitions to further expand its digital capabilities and solutions." A statement explained Honeywell's position on industrial automation: "With a deep history in industrial automation that spans more than five decades, Honeywell enables process industry operations, creates world-class sensor technologies, automates supply chains, makes warehouses smarter, and improves worker safety. This combination will build on our core strengths in controls and automation technologies, deliver better commercial outcomes for our customers, and enhance our growth." Lucian Boldea and Ken West will lead the new automation and energy divisions, respectively.