KONE Launches First-Ever Spin-Off to Build AI “Operational Brain” for Buildings
Finland | Technology | Artificial Intelligence | Elevators & Escalators KONE has launched its first-ever spin-off company, VAELLA,…
KONE Unveils Next-Generation Elevator Technology for Buildings Beyond 1 km
The new high-rise technology suite combines wireless power and data transfer, AI-enabled controls, ultralight ropes and electromechanical safety…
CPP Investments to invest up to ₹3,000 crore in Prestige Hospitality Ventures for 27% stake
The transaction marks CPP Investments’ first direct investment in India’s hospitality sector and will provide fresh capital to…
Hyundai Elevator and LG Uplus Partner to Advance AI-Powered Elevator Emergency Monitoring
Hyundai Elevator and LG Uplus are strengthening their collaboration to develop a more intelligent elevator remote-monitoring system, combining…
Odyssey Elevators Expands India Footprint with New Experience Centres in Chennai and Lucknow
Odyssey Elevators has expanded its physical presence in India with new experience centres in Chennai and Lucknow, strengthening…
Schindler Advances Major BART Escalator Modernisation Across Downtown San Francisco
Schindler has highlighted its ongoing work with the Bay Area Rapid Transit (BART) network in San Francisco, where…
TK Elevator Wins Major Fira Barcelona Pavilion Zero Contract for Around 60 Vertical-Mobility Units
TK Elevator has been selected to provide the vertical-mobility infrastructure for Fira Barcelona’s new Pavilion Zero, securing a…
Hyundai Elevator Advances AI-Based Dispatching and Predictive Maintenance Technologies
Hyundai Elevator is strengthening its focus on artificial intelligence and smart maintenance technologies as it looks to improve…
Mitsubishi Elevator Showcases Vertical-Mobility Technology at Passenger Terminal Expo Asia 2026
Mitsubishi Elevator Singapore, in collaboration with Shanghai Mitsubishi Elevator, is showcasing a range of vertical-mobility and building technologies…
Otis Recognised Among America’s Most Innovative Businesses for 2027
Elevator and escalator major Otis has been named to Business Insider’s America’s Most Innovative Businesses 2027 list, recognising…