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Otis Technology history
Otis Technology company history timeline
In 1985 an Otis people-mover system was introduced to connect Harbour Island and downtown Tampa, Florida.
In 1992 the company completed a similar 'horizontal elevator' in the new Tokyo international airport at Narita, Japan.
Installation and maintenance accounted for 61 percent of Otis's revenue in 1992 and an even greater proportion of company profits.
In 1994 Otis's revenues of $4.64 billion comprised nearly 22 percent of UTC's total revenue, while its operating profits of $421 million were more than 27 percent of the parent company's total.
Installation and maintenance accounted for 61 percent of Otis's revenue in 1992 and an even greater proportion of company profits. It held 23 percent of the world market in new elevator equipment in 1994 and was selling about 39,000 elevators and escalators annually.
2000: Gen2 belt-driven elevator is introduced.
David ran United Technologies until 2007, building a stronger company and winning many kudos as a top CEO from industry groups and trade publications.
Salone del Mobile 2019
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Otis Technology competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Surya | 1976 | $330,000 | 5 | 50 |
| Intense | - | - | - | 10 |
| iConnect Inc | 1999 | - | 6 | - |
| US Digital | 1980 | $2.3M | 25 | 1 |
| DX Holding Company | 1946 | $400.0M | 657 | 2 |
| Idaho Power | 1915 | $1.5B | 1,943 | 26 |
| Technos | - | $1.6M | 30 | 10 |
| Samsung Electronics Device Solutions (Semiconductor & Display) | 1978 | $2.1B | 2,337 | 577 |
| Solenis | 2014 | $500.0M | 3,500 | 88 |
| RQA | 1989 | $7.2M | 50 | - |
Otis Technology history FAQs
Zippia gives an in-depth look into the details of Otis Technology, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Otis Technology. The employee data is based on information from people who have self-reported their past or current employments at Otis Technology. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Otis Technology. The data presented on this page does not represent the view of Otis Technology and its employees or that of Zippia.
Otis Technology may also be known as or be related to Otis Products, Otis Products, Inc and Otis Technology.