AI

Otis Dedicated to Investing in China’s Digital Future

Otis Elevator Co. says it is dedicated to enhancing R&D efforts in China to serve both local and international markets and is seeking further adoption of personalized AI solutions, Sally...

TKE Official Elevator Partner of World Stadiums and Arenas Summit

Ahead of the April 29-30 event at the Mandarin Oriental Al Faisaliah in Riyadh, Saudi Arabia, organizers of the World Stadiums and Arenas Summit announced TK Elevator (TKE) as the...

Regional Winners of Otis’ Made to Move Communities Announced

Otis announced the four student teams that are the regional winners of its fifth year of the Made to Move Communities™ student challenge, each earning their school a US$20,000 grant....

Hitachi Elevator to Focus on Smart Building in China

Hitachi Elevator (China) Co. Ltd. will focus on developing the smart building business in China by accelerating its efforts in digitalization, intelligence and green initiatives, according to a senior company...

Dubai’s Azizi Developments Announces KONE Partnership

Azizi Developments, a major private developer in the U.A.E., announced a strategic partnership with KONE that involves KONE providing 490 DX Class MonoSpace® elevators to multiple projects across Dubai South, outlets...

The Impact of Artificial Intelligence in the Elevator Industry

by Pankaj Prasad This paper was presented at the 2024 International Elevator & Escalator Symposium in Paradise Island, Bahamas.  1. Abstract Artificial Intelligence (AI) is a transformative new technology that...

VT Consultancy BOCA Group Partners With AuditMate

BOCA Group, a leading vertical-transportation (VT) consultancy with offices throughout the U.S., announced a strategic partnership with AuditMate, an elevator auditing and management platform that uses AI-powered software to provide...

The Power of Data

How Tsaro AI is powering digital twin for elevators and escalators by Anas Siddiquiimages courtesy of Tsaro AI has become a household term since the release of ChatGPT in November...

AI in VT

Transforming the elevator industry submitted by ELFIN Technology AI is redefining industries worldwide, and the vertical-transportation (VT) sector is no exception. At the forefront of this transformation is ELFIN Technology,...

Lift AI Acquires eMCP to “Transform Elevator Maintenance and Management”

Lift AI, based in Detroit, announced on January 7 it has acquired Tennessee-headquartered eMCP LLC, a pioneer in automated maintenance control programs (MCPs) for elevators. The acquisition expands Lift AI’s...