FEBRUARY - 2022CONSTRUCTIONTECHREVIEW.COM6Recent technological advancements have given elevators and escalators a whole new makeover, making them highly efficient and reliable compared to what they were one and a half centuries ago. Growing urbanization has increased the need for innovative buildings and infrastructure, and the vertical transportation industry is playing an important role in accelerating this growth. Elevator and escalator solutions providers are constantly reevaluating their technological inputs to ensure the efficiency and reliability of escalators and elevators and the safety of passengers. As IoT central elevators can be operated and tested remotely, operators can define the rules such as elevator usage at a particular time and use of specific elevators in order to decrease power consumption. IoT is not limited only to monitoring analytics that improves maintenance and asset availability and is also used to keep track of key escalator components to improve passenger safety. Elevator operators are harnessing the power of analytics to realize high reliability and increased uptime, thereby improving the overall building performance. Artificial intelligence (AI), on the other hand, is helping operators better anticipate problems around equipment breakdown and prevent them from occurring. Owing to its ability to improve decision-making and determine when and how to resolve the problem, AI helps reduce the downtime of elevators and escalators significantly. A myriad of escalators and elevators solutions providers in the market offers the newest, innovative, and state-of-the-art solutions for companies. To help leaders navigate through the list of escalators and elevators solutions providers, our panel comprising CEOs, CIOs, VCs, industry analysts, and the editorial board of Construction Tech Review presents to you the top companies in this landscape. We took a deep dive into the market trends to narrow down the list of companies delivering robust escalators and elevators solutions. Equipped with innovative technological capabilities, these enlisted solution providers transform businesses at the cloverleaf of various disruptive technologies. We hope this issue of Construction Tech Review helps you build the partnership you and your organization need to foster an environment driven by efficient technology. Michael Rosario Managing Editoreditor@constructiontechreview.comAccelerating Technological Growth of Escalators and Elevators Copyright © 2022 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Editorial StaffDavid VincentFred SmithKevin DavisFredrick GallowayJames FerrerRose D. WilsonManaging EditorMichael Rosario*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffVisualizersSalesAndrew D`souzaandrew@constructiontechreview.comEmail:sales@constructiontechreview.comeditor@constructiontechreview.commarketing@constructiontechreview.com February - 2022, Vol 05 Issue 01 Published by ValleyMedia, Inc.To subscribe to Construction Tech ReviewVisit www.constructiontechreview.com Asher Blake
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