[Shenzhen, China, September 19, 2016] Huawei announced that it has signed a Global Frame Agreement on Internet of Elevators & Escalators (IoEE) with Schindler Group, a leading global elevator manufacturer. Huawei and Schindler Group will cooperate in the future on the development of smart Internet-of-Things (IoT) components for a seamless connectivity of elevators and escalators.

Huawei and Schindler will establish global partnership to develop a Connected Elevators Solution that is open, flexible, and scalable. The new IoT connectivity solution is an important element of Schindler’s digital platform and will enable Schindler to better monitor, analyze and leverage data generated from its elevators and escalators, and support the unified connection and management of Schindler’s one million elevators around the world.

Huawei and Schindler Group announce global partnership

More than one billion users rely on Schindler’s mobility solutions every day. Timely and efficient management of these assets is critical for safety and customer satisfaction.

“We are proud to extend our digital ecosystem with Huawei as one of the global technology leaders. The cooperation will help us to significantly reduce time-to-market for our new digital offerings”, says Mr. Thomas Oetterli, CEO of the Schindler Group.

“Huawei is very pleased to partner with Schindler by providing the innovative technologies and solutions to empower Schindler’s digital transformation to enhance service reliability and customer experience”, says Mr. Eric Xu - Rotating & Acting CEO of Huawei.

Data analytics firm Lux Research reported that by 2020, the global Industrial IoT (IIoT) will be worth an estimated US$151 billion. The IIoT includes factory machinery and industrial products, with one typical example being the Internet of Elevators & Escalators (IoEE). IoT technology transmits operational data from the elevators in real-time to enable elevator data simulation, achieving preventive maintenance through and cloud-based big data analysis. Elevator safety will be significantly enhanced, while the operational cost of the elevators can be largely reduced.