• Otis Worldwide introduced its Gen3 MOD elevator modernization platform in Europe, the Middle East, and Africa, expanding availability beyond the U.S., Canada, and Asia.
• The rollout targets aging elevator fleets in Europe, where many units exceed 25 years in service, positioning the offering as a replacement path aligned with current regional safety standards.
• The packages support upgrades for belt-equipped elevators, including some conversions from rope systems to coated steel belts, aiming to improve reliability, ride quality, and energy efficiency.
• The platform also ties into the Otis ONE IoT system for predictive maintenance, offering building owners a connected upgrade path.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Otis Worldwide Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: NE95194) on June 30, 2026, and is solely responsible for the information contained therein.