OTIS

Otis Worldwide Corporation

A maker of elevators, escalators, and moving walkways, Otis builds and services the machines that move people in buildings around the world, including popular lines like Gen2 and Gen360 and the Otis ONE monitoring system. Founded by inventor Elisha Otis in 1853 after he invented the safety brake that stops a falling elevator, the company returned to independence in 2020 as a spinoff from United Technologies. Its most famous moment came at New York's 1854 Crystal Palace exhibition, when Otis had an axman cut the rope under his hoisted platform to prove the brake worked.