Otis

Farmington, Minnesota, United States

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About Otis

Farmington, MinnesotaHeadquarters
1853Year Founded
IPOCompany Stage
Automotive & Transportation, Industrial & Manufacturing, HealthcareIndustries

Benefits

Professional Development Budget
Mental Health Support

Risks

Italian watchdog investigation may lead to fines or restrictions in Italy.
IoT-linked Gen3 lifts increase exposure to cybersecurity threats.
Integration challenges from Jardine Schindler acquisition may affect efficiency.

Differentiation

Otis leads the elevator industry with 2.3 million units under service.
The IoT-linked Gen3 lift enhances user experience and operational efficiency.
Otis's acquisition strategy strengthens its market position in Asia.

Upsides

Otis reports a 5.1% increase in service organic sales in 2024.
Successful patent defense at EPO secures competitive advantage in safety systems.
Quarterly dividend of $0.39 per share reflects financial stability.