Otis Recognized Among America's Most Innovative Businesses for 2027 by Business Insider

Otis (NYSE: OTIS), the world’s leading elevator and escalator manufacturing, installation, service and modernization company, has been named to the America's Most Innovative Businesses 2027 list by Business Insider. The recognition highlights U.S.-based public companies that demonstrate excellence in innovation through industry reputation, technological impact and investment in research and development.

The inaugural ranking assessed publicly traded U.S. companies on patent and citation data, publicly available financial measures, including research and development spending, and a large-scale survey of working professionals.

At Otis, innovation starts with developing solutions that make moving people safer, smarter and more connected, said Haran Vela, Otis Executive Vice President of Engineering and Product Management. Although we are recognized as the company that helped create our industry, this recognition reflects our colleagues’ ongoing dedication to advancing the future of vertical transportation through digital technology, engineering excellence and a relentless focus on customer and passenger experiences.

Otis continues to invest in innovation that enhances elevator and escalator performance, safety and service. Through connected technologies, predictive maintenance capabilities and digital tools, Otis is helping customers manage their buildings more effectively while improving the passenger experience.

To learn more about Otis products and services, visit www.otis.com.

About Otis

Otis gives people freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation, service and modernization of elevators and escalators, we move 2.5 billion people a day and maintain approximately 2.5 million customer units worldwide – the industry's largest Service portfolio. You’ll find us in the world's most iconic structures, as well as residential and commercial buildings, transportation hubs and everywhere people are on the move. Headquartered in Connecticut, USA, Otis is 72,000 people strong, including 45,000 field professionals, all committed to manufacturing, installing and maintaining products to meet the diverse needs of our customers and passengers in more than 200 countries and territories. To learn more, visit www.otis.com and follow us on LinkedIn, YouTube, Instagram and Facebook @OtisElevatorCo.

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