Check out our latest publication on Otis Worldwide Corporation, which has been branded as the Otis Elevator Company, its former legal name. It is an American company that develops, manufactures and markets elevators, escalators, moving walkways, and related equipment. Check out the SWOT and PESTLE analysis on Otis- https://www.swotandpestle.com/otis-worldwide/ The analysis covers the business strategy of Otis Worldwide. We appreciate Amit Tulsiani's contribution towards this research report. Follow us @swotandpestle to know more and visit our website - https://www.swotandpestle.com/ NEED HELP WITH YOUR RESEARCH? Apart from SWOT and PESTLE analysis we also do Value chain analysis, Porter's five forces, BCG Analysis, Segment-Target and Positioning Analysis and other models and analyses to suit customised needs. Place your inquiry here https://www.swotandpestle.com/solutions/ #OtisWorldwide #SWOTAnalysisOtisWorldwide #PESTLEAnalysisOtisWorldwide #MarketResearchOtisWorldwide #CustomisedResearchOtisWorldwide #StrategyOtisWorldwide #BusinessCasestudyOtisWorldwide #BusinessStrategyOtisWorldwide #SWOTandPESTLEOtisWorldwide #SWOT #PESTLE #ConsultingOtisWorldwide

1. WORLDWIDE
OTIS
SWOT AND PESTLE ANALYSIS
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2. ABOUT OTIS WORLDWIDE
Otis Worldwide Corp. (Otis) is an American company that offers
people moving products.
The company is based in Farmington, Connecticut, USA.
It is a world leader in products such as elevators, escalators,
moving walkaways, and related equipments.
Otis visualizes itself as a world-class, customer-centric,
service-oriented company, aiming to connect and thrive its
consumers in this taller, faster and smarter world.
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3. Shanghai’s Oriental Pearl TV Tower,
India’s Statue of Unity,
Empire State Building in New York, USA.
The company has over 2 million units of products
installed and maintained, including renowned towers
& buildings such as :
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4. The company also provides remote elevator monitoring (REM)
systems to detect problems of elevators to monitor, control
and report operational functions of elevators.
With the history of 160 years,
Otis serves to commercial and
residential properties and
operates through its
subsidiaries and offices
spread across 200 countries
and territories.
ABOUT OTIS WORLDWIDE
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5. China,
Australia,
France,
The company runs 26 engineering centers
and 11 test towers in :
and other countries.
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6. BUSINESS
SECTOR
OPERATING
GEOGRAPHY
Vertical Transport
Systems
United States, North
America, Global
LET'S RECAPITULATE
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7. So, What's SWOT Analysis?
SWOT Analysis is a strategic planning
technique used to help a person or an
organization identify it's Strengths,
Weaknesses, Opportunities and Threats
related to business competitions or project
planning.

8. TODAY, WE WILL PRESENT THE SWOT
ANALYSIS OF OTIS WORLDWIDE
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9. 1. Market leader with highest share.
2. Innovation around new equipments & services
3. Proven track record of executing complex projects
4. Expertise in manufacturing and network
capabilities.
5. Technically skilled and customer-focused
workforce.
6. Outstanding long-term relationships with
customers and distributors.
7. Sustainable and renewable solutions with safety
culture.
1. New contract wins across global markets
2. Growth initiatives in
engineering and research
3. Positive outlook for the global construction
industry
4. Accelerate service portfolio growth
5. Advance the digitalization of Otis
1. Decline in infrastructure post Covid-19
2. Increasing manpower costs across the
globe
3. Increasing compliance in government
contracts
4. Impact of foreign currency fluctuations
1. Lawsuit/Accidents hurting brand
image
Strengths Weaknesses
Opportunities Threats
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10. STRENGTHS
STRENGTHS
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11. With more than 167 years of
experience in manufacturing,
installing, and maintaining
escalators & elevators across
200 countries, Otis is an
Industry leader & well known
for its innovative solutions in
vertical transportations
segment.
STRENGTH
1. Market leader with highest share:
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12. the Eiffel Tower,
the Lotte World Tower,
Empire State Building, and
The Burj Khalifa, the world’s tallest
building.
They have their products installed at some
of world’s most well-known buildings which
includes :
STRENGTH
1. Market leader with highest share:
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13. The company has put its brand value on 3 factors including :
quality,safety,reliability.
It has operations in more than 200
countries with manufacturing facilities in :
Americas, Europe, Asia.
The company operates two elevator test towers
in Japan and one in the US.
It maintains over two million elevators and
escalators globally
STRENGTH
1. Market leader with highest share:
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14. There are Engineering
facilities in :
US,
Austria,
Brazil,
China,
Czech Republic France,
1.
2.
3.
4.
5.
6. India,
7. Italy,
8. Japan,
9. South Korea ,
10. Spain,
11. Germany.
STRENGTH
1. Market leader with highest share:
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15. Otis has launched some cutting-edge
technologies including:
Gen360,
1.
2. Compass Plus,
3. Otis ONE.
STRENGTH
2. Innovation around new equipment & services:
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16. STRENGTH
2. Innovation around new equipment & services:
Otis has become a market leader
with over two million units
operating globally.
Major factor behind this is their
global investment in R&D sector.
The company was able to file
more than >2.3x times patents at
global level .
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17. Otis also used IOT solutions to enhance its
service portfolio through the access of
cloud & data analytics, personalized &
customized content, and remote
intervention monitoring.
STRENGTH
2. Innovation around new equipment & services:
This has led to boosting productivity
along with empowering technicians to
create service excellence.
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18. Get detailed SWOT & PESTLE
Analysis report of OTIS Worldwide
at :
http://www.swotandpestle.com/otis-worlwide/
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19. Get comprehensive coverage of SWOT &
PESTLE Analysis of companies across the
globe:
https://www.swotandpestle.com/
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CUSTOMISED SOLUTION:
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21. THANKYOU!
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