Otis’s Vision for Intelligent Vertical Transportation

“Heightened focus on sustainability is transforming how we construct spaces, and Otis is only beginning to understand the full potential of AI in shaping the future of buildings. One of the most promising applications lies in the development of sustainable vertical transportation products, which are essential for today’s upward-growing cities.”

One of the most promising applications of AI lies in the development of sustainable vertical transportation products, which are an integral component of the upwards growing infrastructure in today’s cities. As the world’s leading provider of elevators, escalators and moving walkways, Otis is committed to staying ahead of the curve. We already are using AI in providing elevator service, and have invested in data analytics, machine learning and cloud computing, to enable predictive maintenance and strive to reduce overall downtime, keeping buildings operating and passengers on the move. In addition, our latest dispatching software uses AI to adaptively tune the algorithm, reducing wait times by parking the elevator closer to where it will be needed next. Many Otis elevators are connected, IoT-enabled and built on a future-ready design, to be able to evolve as buildings and technologies become more sophisticated, representing the company’s vision of a seamless urban journey.

AI can also help in creating smart energy-efficient lifts by simulating their real-world performance. Through digital twins, it can help build elevators with a longer life span, reduced downtime, less operational cost and a smaller carbon footprint. This can enhance user experience and help maintain higher standards of safety. We anticipate AI may optimize material selection in elevators by analyzing large data sets to map out the materials offering the best blend of durability, performance and environmental footprint, and curating designs that best complement these materials.

In India’s quest towards its ‘Vikshit Bharat 2047’ vision, the elevator and escalator sector stands as a cornerstone of progress, as the sector isn’t just about moving people but about driving urban sustainability and accessibility. The sector can contribute to positioning India on the global map, with increased domestic manufacturing and innovation under the ‘Make in India’ initiative. Evolved next-generation elevator technologies developed on home turf can contribute to an increase in exports, making India a key player in the global elevator and escalator market. By harnessing the potential of the sector, India can showcase its commitment to innovative solutions that lead the world into a better and greener tomorrow.