Key market opportunities include integrating IoT in elevator systems to enhance efficiency and user experience, and expanding presence in Saudi Arabia's burgeoning smart city projects. These trends ...

The elevator maker acquired a controlling interest in the maintenance platform WeMaintain, aiming to enhance its digital ...

Farmington-based Otis Worldwide Corp. has acquired a majority stake in WeMaintain, an elevator maintenance technology company ...

Otis Worldwide Corporation (NYSE: OTIS), the world's leading company for elevator and escalator manufacturing, installation, service and modernization, and WeMaintain today announced that they have ...

Otis (OTIS) acquires majority stake in WeMaintain to modernize elevator service with IoT/AI, boosting reliability and visibility.

ClearBridge Investments, a global equity manager, recently published first-quarter 2026 commentary for its “Clearbridge ...

Otis at 18–19x forward earnings: service revenue fuels margins as new equipment sales fall. Read more macro analysis here.

The transition toward a services-driven economy in China also aligns with Otis' evolving strategy, which increasingly focuses ...

Vertical transport reinvented the city. Now, engineers are looking sideways and digitally to create a new kind of interconnected urban area.

A CT company made a piece of equipment that will be essential as the Artemis II mission returns to Earth from its trip around ...

DÜSSELDORF, Germany - TK Elevator announced the appointment of Brad Selleck as Chief Operating Officer, effective May 1, 2026, according to a press release statement issued Sunday. Selleck will report ...