IoT
Schindler MetaCore: Possible Solution to Office Vacancies
The U.S. office vacancy rate hit a record high of 20.1% in the second quarter of 2024, according to ratings service Moody’s. To combat this, big cities have created incentives...
Taoping Signs Non-Binding Letter of Intent to Acquire Chinese Smart Elevator Solutions Company
Taoping Inc. has signed a non-binding letter of intent to acquire 100% of Shenzhen Yunti Internet of Things, a Smart elevator solutions provider, Stock Titan is among outlets to report. Founded in...
Otis Australia Chosen For Landmark Modernization Project
Otis Australia has been selected by 101 Collins Street for an elevator modernization project at this iconic landmark in Melbourne's central business district, yahoo finance reports. Otis will modernize 30...
TKE Handling Major Cologne Subway Escalator Modernization
TK Elevator (TKE) announced on September 17 it has been awarded a major escalator modernization contract to modernize numerous escalators serving subway stations in Cologne, Germany. The project includes 23...
Otis Launches Gen3 Digitally Connected Elevator in Thailand
Otis launched its Gen3TM digitally connected elevator in Thailand during a launch event titled "Platform for Possibility" in Bangkok on August 16. Gen3 blends the proven flat-belt technology of the...
Hyundai Elevator, Kakao Mobility Join Forces on Elevator-Robot Integration Initiative
South Korea's Hyundai Elevator Co. announced it has signed a Memorandum of Understanding (MoU) with Kakao Mobility Corp. to develop standards for integrating elevators and robots, outlets including The Korea...
Otis Elevators Integrate With Delivery Robot at Polish Hotel
At the Imperiall Resort & MediSpa on Poland's Baltic coast, guests receive deliveries to their rooms via a robot that integrates with the hotel's elevators using Otis' Integrated DispatchTM (OID)...
Industry Era Recognizes CEDES CEO Bass as Top 10 Admired Leader of 2024
Global business magazine Industry Era has recognized CEDES AG CEO Patrick Bass as one of its Top 10 Admired Leaders of 2024. Bass came to the CEO role from starting...
26 Otis VT Units for Redeveloped London Office Tower
Otis announced in June it installed 26 vertical-transportation (VT) units — 15 Gen2® lifts, seven platform lifts and four LinkTM escalators at One Exchange Square, a redeveloped, 13-story, 1990s office...
Otis Expands Service Coverage for Shenzhen Metro
Otis announced it has extended its decades-long support of Shenzhen Metro with a new contract to service 209 Otis units, including 66 elevators and 143 escalators, on the network’s Line...
