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Otis Elevator faces technician shortages just months after rolling out a service platform linking the workers with elevator mechanics. The marquee subsidiary of United Technologies Corp. is responding ...

Otis will modernize 34 elevators and eight escalators and maintain all units in the world-famous landmark Otis installed the iconic building's original elevators and escalators in 2010 The Burj ...

“The new eService platform will create superior value for Otis customers now and in the future,” said Sam Talbot, director of worldwide service, Otis. “The new eService design and features are a ...

Otis Worldwide Corp. (OTIS) on Monday said it acquired a majority stake in WeMaintain, a technology-enabled elevator and escalator service company, the firms said Monday. Financial terms of the ...

Our 2023 estimates for Otis Worldwide OTIS are little changed, with the wide-moat stock’s performance tracking largely in line with our expectations. Demand for new elevator equipment remained weak ...

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 ...

Organic New Equipment sales flat to up low-single digits Organic Service sales up mid-single digits+ Average adjusted operating profit growth of mid-to-high single digits Adjusted EPS CAGR of 10%+ ...