Elevator installation and service
Otis Worldwide Corporation
Otis Worldwide earns revenue by installing elevators and escalators and by maintaining, repairing and modernizing them. Manufacturing depends on steel, electronic components and subcontractors, while its connected service platform uses Microsoft and Snowflake cloud and data infrastructure.
Business categories Construction & Building Products · Industrial Infrastructure & Heavy Industry · primary
OTIS Updated Sep 24, 2026 5 AI consumers· 3 recurring
Per the valuechain.wiki graph, Otis Worldwide Corporation is directly linked to 2 companies (2 supply, 0 revenue relationships) and reaches 4 companies within two hops; the links are backed by 8 dated sources, 2 of them primary filings (as of 2026-09-24).
Financials & Segments
- Total revenue · FY2025 net sales of $14.431 billion (SEC Form 10-K, 2026-02-05)
- Segments · New Equipment · Service
Revenue from
- Shanghai Metro Medium confidence· Count 490 escalators · Shanghai Metro Line 19 contract announced Q4 2025 · Minimum number of heavy-duty public escalators in the Shanghai Metro Line 19 supply contract
Shanghai Metro selected Otis to supply more than 490 heavy-duty public escalators for Line 19. Otis already supports about 2,700 elevators and escalators across 13 Shanghai Metro lines.Confirms EN Otis Worldwide and FactSet Published Jan 28, 2026: Otis Worldwide Corp. Q4 2025 Earnings Call Corrected Transcript - Emaar Properties Medium confidence· Count 42 equipment_units · 2024 modernization contract · Combined 34 elevators and eight escalators covered by the Burj Khalifa modernization contract
Emaar Properties selected Otis to modernize 34 elevators and eight escalators at Burj Khalifa and extended service for all units by 10 years. Financial terms were not disclosed.Confirms EN Otis Worldwide Published Mar 6, 2024: Otis Wins Modernization Project and 10-Year Service Contract Extension for Burj Khalifa
Pays to
- Snowflake Medium confidence
Otis stores and analyzes elevator data collected by Otis ONE in a Snowflake data lake. It does not disclose its data-platform spending.Confirms KO ITWorld Korea Published Jun 24, 2022: Otis Strengthens Digital Services with AI and Sensors - Microsoft Medium confidence
Otis runs the cloud-native Otis ONE platform on Microsoft Azure. It does not disclose the amount paid for cloud and related software services.Confirms KO ITWorld Korea Published Jun 24, 2022: Otis Strengthens Digital Services with AI and SensorsConfirms EN Harvard Business School Digital Initiative Published Nov 16, 2016: Otis: From Mechanical to Digital Innovation
Investments
- WeMaintain High confidence· Amount $170M · April 2026 acquisition · Consideration for the acquisition of majority ownership of WeMaintain
In April 2026, Otis acquired majority ownership of WeMaintain, a French provider of elevator maintenance, repair, modernization and digital services, for $170 million. The companies continue to operate as separate entities, and WeMaintain continues to offer its independent multibrand service.Confirms EN SEC EDGAR Published Jul 23, 2026: Otis Worldwide Corp Quarterly Report on Form 10-Q for Q2 2026Confirms EN Otis Worldwide Published Apr 13, 2026: Otis Takes Majority Stake in WeMaintain, Supporting Growth and Innovation in Service Technology
Value-chain ripple (2 tiers)
Following node-to-node links up to 2 tiers; each firm is shown once, at its nearest tier.
| Company | Chain | '21 | '22 | '23 | '24 | '25 | YTD |
|---|---|---|---|---|---|---|---|
| Otis Worldwide Corporation | node | +30.4 | -8.8 | +16 | +5.2 | -4 | -23.2 |
| Snowflake | benef1 | +20.4 | -57.6 | +38.6 | -22.4 | +42.1 | +68.2 |
| NVIDIA | benef2 | +125.5 | -50.3 | +239 | +171.2 | +38.9 | +23.2 |
| Amazon | benef2 | +2.4 | -49.6 | +80.9 | +44.4 | +5.2 | +12 |
| Microsoft | benef2 | +52.5 | -28 | +58.2 | +12.9 | +15.6 | +4 |
YTD as of 2026-10-09 · source: Yahoo Finance
Otis Worldwide Corporation operates across Elevator installation and service. It remained weak at -4% in 2025 and -17.1% in 2026. The supply side (avg +28.9%) leads the stock (-17.1%), with spending rippling down to suppliers first. Among connected nodes the furthest ahead is Snowflake (+53.7%) and the furthest behind is Microsoft (+4%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. Manufacturing depends on steel, electronic components and subcontractors, while its connected service platform uses Microsoft and Snowflake cloud and data infrastructure.
Analysis generated from returns as of 2026-09-04← All companiesMarkdown · JSON · Customers · Suppliers · Ripple