Otis Elevator rolled out its newest application of internet technology Tuesday as it turns to digital operations to reduce elevator maintenance and repairs that are costly to customers and ...

The OTIS ELEVATOR COMPANY can trace its origins to 1853, when Elisha Graves Otis introduced the first safety passenger elevator at the Crystal Palace Convention in New York City. His invention ...

Riding in an elevator used to be dangerous business — until Elisha Otis, of Otis Elevator Company fame, invented a device that could prevent a passenger elevator from falling if its rope broke. It ...

The manager of the Otis Elevator plant in South Carolina says his facility probably needs to expand beyond 700 employees. Otis Florence plant manager Brad Selleck did not give specifics when he spoke ...

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 ...

We’ve lifted our fair value estimate for Otis Worldwide OTIS by 30% to $95 per share following a transfer of coverage and a fresh look at our long-term thesis. We are more positive on the secular ...

Otis has launched Otis One, an Internet of things platform to connect its elevators, share data, and offer analytics for predictive maintenance. The effort highlights how enterprises are digitizing to ...

In separate rulings by the U.S. Court of Appeals for the First Circuit and the Eastern District of Virginia, both judges ruled in favor of Otis Elevator Co. after the plaintiffs in each suit were ...

(Reuters) -Elevator maker Otis Worldwide beat Wall Street estimates for the third quarter on Wednesday, driven by a 27% rise in modernization orders, which supported strong growth in its services ...

Yahoo Finance Executive Editor Brian Sozzi is joined by Otis Worldwide (OTIS) CEO Judy Marks on the floor of the New York Stock Exchange to discuss the escalator and elevator operator's full-year ...