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 ...

Otis elevators are in the Burj Khalifa in Dubai, the world’s tallest building at 2,722 ft. Image © Emaar properties. But it was Otis' elevator that would allow for ...

The primary focus of Otis Worldwide Corporation OTIS has been seeking innovation opportunities and making strategic investments in them to foster its growth. Keeping up with this focal aspect, the ...

Customers can carefully choose the level, cost and pace of elevator modernisation and plan in phases Otis solutions align with the latest European safety standards, and enhance reliability and ...

When Otis Elevator Co. spins out from United Technologies in 2020 (probably happening sometime in April 2020), it will immediately catapult into the Fortune 500 with a valuation of $29 billion, $13 ...

NEW DELHI: The growing need to reduce carbon footprint and increasing acceptability of the green building concept is pushing the elevator manufacturing companies such as Otis India, Kone India, ...

Dublin, Feb. 14, 2024 (GLOBE NEWSWIRE) -- The "Global Elevators & Escalators Market by Type (Elevators, Escalators, Moving walkways), Service (New installation ...

Riyadh, Saudi Arabia — Otis Saudi Arabia has been selected for the prestigious Riyadh Metro – lines 4, 5 and 6 – by FAST Consortium of companies, which is led by Spanish construction group FCC and ...

HARTFORD, Conn.HARTFORD, Conn. — Everything is big with New York’s Empire State Building, so upgrading the 20th century elevators running up and down its 102 floors without disrupting thousands of ...

Forbes contributors publish independent expert analyses and insights. Wayne Rash is a technology and science writer based in Washington. One kink in the return to work since the Covid-19 pandemic ...