OTIS WORLDWIDE CORP (OTIS)

Company Profile

Otis Worldwide Corp. engages in the manufacture, installation, and provision of escalator and escalator services. The company is headquartered in Farmington, Connecticut and currently employs 69,000 full-time employees. The company went IPO on 2020-03-18. The company serves customers in over 200 countries and territories. The company operates in two segments: New Equipment and Service. Through its New Equipment segment, it designs, manufactures, sells, and installs a range of passenger and freight elevators, as well as escalators and moving walkways to customers in residential and commercial buildings, and infrastructure projects. The firm sells its New Equipment units directly to customers, as well as through agents and distributors globally. Through its Service segment, the Company performs maintenance and repair services for both its products and those of other manufacturers and provides services to upgrade elevators and escalators. The company provides Otis ONE, an Internet of Things (IoT) based solution to connect elevators to OtisLine. Otis also offers a range of passenger experience enhancements, such as eView and Otis eCall.

Company Info

OTIS WORLDWIDE CORP

One Carrier Place

Farmington CONNECTICUT 06032

P: 18606743000

CEO: Judith F. Marks

Employees: 69000

Website: https://www.otis.com/