IoT

Major Otis Contracts in China and Hong Kong SAR

Otis President, CEO and Chair Judy Marks announced during a January 31 earnings call that the company is handling a new-equipment contract in Chongqing, China, and a modernization contract in...

CEDES CTO Role Transitions From Freedman to Frömming

Switzerland-headquartered sensor specialist CEDES AG welcomes Sascha Frömming as chief technology officer (CTO), as Steven Freedman steps down as CTO to take on the new roles of chief revenue officer...

Global IoT Elevator Market Expected To Continue To Grow

Fact.MR forecasts the global Internet of Things (IoT) elevator market is set to reach US$93.9 billion by the end of 2022-2032 with a compound annual growth rate (CAGR) of 13.4%....

CEDES Names Smans President of Business Development, IoT and Digital Products

Switzerland-headquartered sensor specialist CEDES AG recently named Daan Smans president of business development, Internet of Things (IoT) and digital products. Smans' professional experience includes being product director at relayr, where...

Otis Secures Contract To Modernize 18 Elevators at Bank HQ in Riyadh

Otis has secured a contract to modernize 18 elevators at Saudi National Bank (SNB) headquarters in Riyadh, Saudi Arabia, Otis President and CEO Judy Marks announced during an earnings call...

TÜV SÜD Showcases Digital Predictive-Maintenance Lift Service at Germany Event

TÜV SÜD will showcase its Lift Manager digital predictive-maintenance service leveraging TÜV SÜD's lift domain and digital expertise and Bosch.IO lift sensors and Internet of Things (IoT) platform to support...

SOM Shares Plan for Oman’s New Smart City

Chicago-based architecture firm Skidmore, Owings & Merrill (SOM) shared renderings of a new, 100,000-person, 14.8-km2 smart city planned by Oman just outside of its capital Muscat exclusively with CNN. To...

Otis China Service Supervisor Uses IoT To Advance Safety

Otis has shared how one of its service supervisors at the Otis China Ltd. Shanghai branch is using digital tools to promote safety and efficiency. “Fei” leads a team of...

Thöny Passes CEDES CEO Role to Bass

After a successful 10 years as CEDES CEO, Christian-Erik Thöny has passed the role to Patrick Bass, previously head of CEDES Internet of Things (IoT) business development since September 2021,...

Elevator Companies Leverage IoT Technology in the Middle East and Africa

A recent report from Fagen Wasanni Technologies details the role of Internet of Things (IoT) technology in the elevator industry in the Middle East and Africa. The adoption of this...