Sector: Industrials|Industry: Specialty Industrial Machinery|Market Cap: $37.49B|Employees: 71K
Otis is the world's leading elevator and escalator manufacturing, installation, and service company. They serve customers in over 200 countries and territories, with a global scale and local focus. Otis's core business model is split into two segments: New Equipment and Service, with international operations representing approximately 72% of net sales. They have a strong market position due to their iconic brand, reputation, and proven track record in executing complex solutions.