On Sept. 20, 1853, Elisha Graves Otis sold his first “hoist machine,” or elevator, featuring an automatic safety brake he had patented. His seemingly simple invention was designed to stop a platform ...
The elevator maker is bringing its fleet into the digital era with a connected solution that leverages IoT sensors and AI in the cloud to help keep its customers’ elevators humming. No one likes to ...
Otis Gen2 elevators revolutionized the elevator industry with patented steel-coated belts and a space-saving design, quiet ride and energy-efficient operation. The REM elevators feature glass elevator ...
HARTFORD, Conn. (AP) — As China’s economy has grown and skyscrapers have sprouted in cities extending ever westward from its coast, Otis Elevator Co. went along for the ride. But with China now in a ...
Otis Elevator president Philippe Delpech: “This is not the usual digital announcement. The data we collect and analyze will give us a totally different perspective of the industry.” HANNOVER, Germany ...
Looking back on general industrial machinery stocks’ Q3 earnings, we examine this quarter’s best and worst performers, ...