OTIS and the Central Role of Information and IT 5/17/11 Otis Elevator had been known as an “old-line” industrial company which manufactured goods but had not been renowned for delivering services to their customers. Otis was a global company with 90% of its employees (approx. 54‚000) working outside of the United States[1]. In the elevator industry at the time (circa 2004)‚ most profits were being realized through the maintenance and repair of existing units and not by the sales of new units
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The Otis Elevator company founded in 1853 has grown to 7.9 Billion dollar enterprise. It is an integral part of United Technologies contributing 35% to its profits. The growth of Otis has been manly due to acquisitions across the world; this activity has bought in many different working methods and organization culture. Otis had many competitors in various parts of world including foreign multinationals Hitachi‚ Kone etc. The market for new elevators was maturing and there were fewer orders for
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Elevators have distinguished themselves as a component of our modern world. They guide us to our destinations faster and help us innovate our technologies to higher levels to keep up with our fast-paced world. Based on simple machinery‚ its minimalism proves to be the heart beat of our improving industrial communities. Although Elijah Otis improved the invention of the elevator in 1850‚ the composition‚ structure‚ and limitations are still improving today. Though there are many types of elevators
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in disguise. • Direct Objective Appositive. 1. Christmas Eve afternoon we scrape together a nickel and go to the butcher’s to buy Queenie’s traditional gift‚ a good gnaw able beef bone. 2. The Otis Elevator Company‚ the world’s oldest and biggest elevator manufacturer‚ claims that its products carry the equivalent of the world’s population every five days. 3. Though her cheeks were high-colored and her teeth strong and yellow‚ she looked like a mechanical woman
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Executive Summary Dear Mr. Bousbib: These are exciting and challenging times at Otis Elevator Company. We are currently the largest manufacturer‚ installer‚ and servicer of elevators‚ escalators‚ and moving walkways in the world.[1] Just two years ago we completed the second largest acquisition in company history by adding Amtech Elevator Services. This acquisition has proven to be a key strategic maneuver as we have eliminated an industry rival while increasing the company’s revenue‚ operating
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Otis Elevator Case 9/7/12 Otis’s management made vast improvements in their corporate vision to obtain a strategic advantage over their competitors through the introduction of OTISLINE and their e*Logistics programs. Otis’s George Davis urged the company to create a centralized customer service system which would allow them to introduce the concept of 24 hours 7 days a week to their customers. OTISLINE was mainly set up in order to increase customer satisfaction as a result of only having a
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What kind of company is Otis? OTIS Elevators started out in 1853 by the invention of the “safety brake elevator.” Their core business is designing‚ installing and provide service within the industry of elevators‚ escalators and walkways. Today OTIS operates worldwide‚ with headquarter in the U.S. and different facilities located in European and Asian countries. Through this they have managed to become market leaders in their field. Throughout time the business focus of OTIS have changed. Today the
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Elisha Graves Otis was the man who invented elevator breaks. He was born on a farm near a city called Halifax‚ Vermont. He was the youngest of 6 children. His parents’ names were Steepen and Phoebe Otis. When he was little‚ his health was very poor. He went to school in his home town of Halifax‚ where he was born. His education ended at the age of 19 when he moved away from home. When he left his home town‚ he moved to Tory‚ New York. He lived there for 5 years. For those 5 years‚ he carried on
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Competitors Analysis Individual Assignment Mugshot Competitors Analysis 1 Competitors Analysis Individual Assignment J. Berragiy Hoge school van Amsterdam International Business and Languages class 1IBL5 Young Entrepreneurship 2‚ 18 Mar. 2013‚ Amsterdam Zuidoost -----------------------------------------------------------------------------------------------------------------------------Table of Contents ---------------------
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XI. Intern. Symposium in Theoretical Electrical Engeneering‚ Linz‚ Aug. 19. - 22‚ 2001 A Modeling Approach for Mechatronic Systems Modeling and Simulation of an Elevator System Peter Schneider‚ Erich Huck‚ Peter Schwarz Fraunhofer Institute for Integrated Circuits‚ Design Automation Division Dresden‚ Germany [1] this kind of formulation - eq. (2) - is needed. Due to the complexity of mechatronic systems [2] there is a strong demand for better assistance in formulating system equations. To
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