Elevator maker Otis Worldwide beat Wall Street estimates for the third quarter on Wednesday, driven by a 27% rise in ...

MADRID, Sept. 30, 2025 /PRNewswire/ -- There are more than six million elevators in use in Europe today. In many European countries, more than half of these elevators are at least 25 years old.

Apartment builders have a new sustainable instrument in their development toolbox thanks to Gen2 Swtich, a new residential elevator by Otis. Farmington, Conn.—Apartment builders have a new instrument ...

The Cibes “Dream” lift has a modern aesthetic. The technology behind home elevators has evolved since the traditional, somewhat clunky, closet elevator of yesteryear. These days, elevators can run on ...

Forbes contributors publish independent expert analyses and insights. Wayne Rash is a technology and science writer based in Washington. One kink in the return to work since the Covid-19 pandemic ...

With a steady increase in the development and construction of multilevel residential and commercial occupancies, locating the elevator power supply has become a challenge for routine elevator rescue ...

Riding in an elevator used to be dangerous business — until Elisha Otis, of Otis Elevator Company fame, invented a device that could prevent a passenger elevator from falling if its rope broke. It ...

Otis Elevator Co. has come a long way from being an elevator pioneer in the 1850s. Today, the company’s elevators and escalators carry two billion people daily, and technology is driving sales and ...

The need to move things to the next level has been recognized for thousands of years. Elevators have a long history, going from a platform attached to a rope pulled by a human to the smooth, electric ...