Otis Elevator Co.

Otis Worldwide Corporation is an American manufacturer and servicer of elevators, escalators, and moving walkways headquartered in Farmington, Connecticut. Spun off from United Technologies in 2020, Otis designs, installs, and maintains vertical‑transportation systems across commercial and residential buildings worldwide. Otis reported about $14 billion in revenue in 2023 and employs approximately 71,000 people. Its service model depends on OEM and aftermarket parts suppliers, field‑service networks, and IoT monitoring platforms. The company implements vendor‑security and data‑privacy controls to protect building and passenger data across connected equipment.