Dallas, TX – When I say the name Otis, what do you think of? There's Redding and Rush if you're music fans, but for the majority of us who live or work above a second floor, most likely Otis is a name ...

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 ...

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 ...

Otis Worldwide Corporation (NYSE:OTIS), a global leader in the elevator and escalator industry with annual revenue of $14.26 billion, finds itself at a crossroads as it navigates a complex market ...

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 ...

Staff Writer 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 ...

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 ...