NYSE:OTISMachinery
How Otis Worldwide’s Phased IoT Elevator Upgrades At Otis Worldwide (OTIS) Has Changed Its Investment Story
In February 2026, Otis Worldwide introduced its Arise MOD Prime and Arise MOD Plus elevator modernization packages in North America, targeting low- to mid-rise residential and commercial buildings with flexible, phased upgrade options.
The new Arise MOD offerings combine safety, energy efficiency, and IoT-based monitoring, giving building owners more control over modernization scope, timing, and cost while addressing issues tied to aging elevator infrastructure.
We’ll now examine how this...