Otis Launches "Otis ONE(TM)" IoT Service Solution in Hong Kong

Delivers an even higher level of personalized service

HONG KONG,Oct. 19,2018 --Otis today introduced its "Otis ONE™" IoT service platform in Hong Kong. Otis ONE is the company's connected elevator solution that personalizes the service experience through real-time,transparent information sharing,proactive communication tools and predictive maintenance insights. Otis,the world's leading manufacturer and maintainer of people-moving products,including elevators,escalators and moving walkways,is a unit of United Technologies Corp. (NYSE: UTX).

"We have been innovating since 1853,and today,Otis ONE will again advance our legacy of providing quality service to our customers in the digital economy," said Julie Brandt,President of Otis Hong Kong,Macau and Hong Kong. "Otis ONE digital tools provide real-time insights and integration with our customers' systems so we can predict issues before they happen and minimize downtime. It's about putting the latest technology and predictive equipment insights in the hands of our service professionals to enhance proactive service and strengthen our customer relationships. And it's about building a service platform that's sustainable and flexible enough to grow with the future of technology."

The Otis ONE digital platform combines Otis' more than 30 years of remote monitoring experience with the latest in cloud technology,machine learning and the internet of things to deliver customers,passengers and Otis service teams with an entirely new,connected experience to offer real-time equipment health information in addition to predictive maintenance insights.

Within this new,connected digital ecosystem,information is gathered directly from elevators and escalators via smart sensor technology. Data is then sent to the cloud where it's aggregated and analyzed,and delivered to customers and Otis' dedicated service teams,all in real-time. Otis ONE leverages data from more than 300,000 connected units to create predictive insights and a more proactive service solution for customers.

Otis customers will benefit from real-time health data about their equipment. Using the Otis ONE Campus View,they can also instantly view the entirety of their connected Otis portfolio all with the click of a button. Otis ONE enables easy access to the real-time information on equipment performance that customers need and want.

Otis ONE further enables Otis service teams to provide a faster,more efficient service experience. With Otis ONE digital insights,the platform turns customer equipment data into predictive insights so Otis teams stay ahead of potential issues – keeping equipment running and passengers safely and reliably on the move. It also means that when service is required,OTISLINE customer care can proactively contact the customer and service professionals to arrive on site with the information and parts needed to enable a faster return to service.

It's intelligent connectivity that not only helps to ensure customer equipment is up and running more often-- delivering a better experience for riders-- but also delivers faster,more efficient service.

Otis debuted Otis ONE in Hong Kong with the kickoff of infrastructure and commercial projects which offer first-hand experience with personalized elevator maintenance service to its customers.

For more information on Otis ONE,please refer to http://www.otis.com/en/hk/otis-signature-service/otis-one/ or view the video.

About Otis

Otis is the world's leading manufacturer and maintainer of people-moving products,escalators and moving walkways. Founded 165 years ago by the inventor of the safety elevator,Otis offers products and services through its companies in approximately 200 countries and territories. Otis is a unit of United Technologies Corp.,a leading provider to the aerospace and building systems industries worldwide. By combining a passion for science with precision engineering,the company is creating smart,sustainable solutions the world needs. For more information,visit www.otis.com or follow Otis on LinkedIn,YouTube and as @OtisElevatorCo on Twitter,Facebook and Instagram.

Contact:

Michelle Mak

+852 2884 7248

Michelle.mak@otis.com

Logo - https://photos.prnasia.com/prnh/20181019/2273327-1LOGO