The Business Behind The World’s Largest Elevator Company
By CNBC
Community Score: 50% | 3.1K views | 1w
0 community ratings: null thumbs up, null thumbs down
Elevator giant Otis makes most of its profits from servicing elevators, not building new ones. The business hinges on long-term stability, but its stock has fallen over the past year due to setbacks in its service business and investors chasing the AI trade. Watch the video to learn more about how the company is trying to win back Wall Street. Chapters: 0:00 Introduction 1:40 Chapter 1: Urbanization 3:28 Chapter 2: The service engine 7:12 Chapter 3: Business in China 9:22 Chapter 4: The competitive landscape Produced and Shot by: Ryan Baker Camera by: Natalie Rice, Darren Geeter Edited by: Darren Geeter Animation by: Jason Reginato, Emily Park Additional Editing: Jason Reginato, Devan Burris Senior Managing Producer: Tala Hadavi Senior Director of Video: Lindsey Jacobson Additional Footage: Getty Images, Otis » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award wi
Tags: elevators, maintenance, service, engineering, AI, Otis, Kone, TK Elevator, Schindler
More from CNBC
- How The U.S. Became So Dependent On SpaceX — Score: 50%
- Millions Have Signed Up For Trump Accounts. But There Are Still A Lot Of Unanswered Questions — Score: 50%
- Supreme Court Says Trump’s Tariffs Are Illegal. Here’s What Happens Next — Score: 50%
- Why New Balance sales are soaring while Nike falls — Score: 50%
- How tariffs are pushing America’s furniture industry to the brink — Score: 50%
- United Airlines Overhauls MileagePlus Program — Here's What To Know — Score: 50%