Connecting the Schindler Dots

Michael Nilles joined the IOTA Foundation as an advisor back in May. Michael is the CDO and Member of the Board of Directors of Schindler Group, and has proven to be extremely adept at driving innovation with his thought leadership within large-scale industrial businesses. Although Schindler Group is not an official IOTA partner, this article will attempt to connect the dots of information that’s available, and make the case for Schindler to be a major player in IOTA’s future.

Schindler Fact Box:

  • Among the top-3 elevator manufacturing companies worldwide
  • Revenue: $9.72bn (in 2017)
  • Employees: 61,000 (in 2017)
  • Headquarters: Ebikon, Switzerland
  • More than 1,000 field offices in 100+ countries

Schindler Group is one of the largest elevator manufacturers in the world:

But why would an elevator manufacturer be interested in IOTA’s cutting-edge technology, which is primarily focused on the niche “Internet of Things“?

Schindler is a service provider, so usability and transparency are vital core competencies of the enterprise. Their interest in disruption becomes apparent from this post on Schindler’s “Vertical Mobility” blog:

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