Otis is ready to move future cities through digitalisation and a commitment to ESG

Otis is ready to move future cities through digitalisation and a commitment to ESG

Urbanisation and digitalisation are two key developments impacting the construction industry both globally and in the Gulf region. As over half of the world’s population currently lives in cities, urbanisation is rapidly increasing. According to the World Bank, this figure should reach 70 per cent by 2050. To accommodate this growing urban population, buildings are getting taller, with skyrise housing and commercial development reshaping the landscape of cities. According to the Centre for Tall Buildings and Urban Habitat, the number of buildings over 200 metres has quadrupled since 2000, making vertical transportation the backbone of any building. Otis has been strongly supporting this trend over the past decades. Our high-rise elevators have enabled architects and construction companies to design and erect cutting-edge projects that transform a run-of-the-mill approach to development. Our world is also becoming increasingly digitalised. IDC, a technology consulting firm, predicts that there will be more than 42 billion connected devices by 2025. This hyper-connectivity is bringing new levels of intelligence to the places where we live, work and commute so the need for more advanced, digital, integrated and connected vertical mobility solutions is increasing. In other words, modern elevators must be ‘smart’ or connected. We have been