{"id":7493,"date":"2018-10-19T10:00:05","date_gmt":"2018-10-19T02:00:05","guid":{"rendered":"http:\/\/www.mediazone.com.hk\/hkmvc\/?p=7493"},"modified":"2026-04-29T10:40:16","modified_gmt":"2026-04-29T02:40:16","slug":"skys-the-limit-for-elevator-techo-giant-thyssenkrupp-elevator-hong-kong","status":"publish","type":"post","link":"https:\/\/www.mediazone.com.hk\/hkmvc\/2018\/10\/19\/skys-the-limit-for-elevator-techo-giant-thyssenkrupp-elevator-hong-kong\/","title":{"rendered":"Sky\u2019s the Limit for Elevator Techo-Giant | thyssenkrupp Elevator (Hong Kong)"},"content":{"rendered":"<h1 class=\"p1\"><span class=\"s1\">Pushing back technological boundaries, global elevator company thyssenkrupp\u00a0<\/span><span class=\"s1\">is redefining the art of people-mobility. Dr. ANDY CHAN, managing director in Hong Kong, speaks on the shape of things to come.<\/span><\/h1>\n<hr \/>\n<p class=\"p1\">A diversified industrial group with over 200 years, headquartered in Essen, Germany, thyssenkrupp Elevator has to its credit 40 years in the industry, 20 years in Asia.<\/p>\n<p class=\"p2\">The company\u2019s Asia Pacific headquarters covers 22 countries in the Asia Pacific and the Middle East and boasts factories in China, India and Korea.<\/p>\n<p class=\"p2\">The company launched MULTI \u2013 the world\u2019s first rope-less elevator system in 2017. The very first MULTI will be installed in OVG Real Estate\u2019s new building in Berlin in 2019.<\/p>\n<p class=\"p2\">2018 saw the opening of the company\u2019s Zhongshan factory and test tower &#8211; the tallest among thyssenkrupp test towers worldwide, capable of testing high-speed elevators of speed up to 18m\/s.<\/p>\n<h3 class=\"p1\">Trend Breaking\u00a0Technology<span class=\"Apple-converted-space\">\u00a0<\/span><\/h3>\n<p class=\"p2\">\u201cOur mission has always been to create a value-added offering to customers with our innovation and digitalization. Our Innovative MULTI \u2013 the world\u2019s first rope-less elevator system \u2013 is a case in point. It breaks the 160-year reign of rope-dependent elevators,\u201d says Dr. Andy Chan, managing director of the company in Hong Kong.<span class=\"Apple-converted-space\">\u00a0 \u00a0<\/span><\/p>\n<p class=\"p2\">MULTI reduces elevators\u2019 footprint by up to 50% while increasing passenger capacity by at least as much. \u201cOur cloud-based predictive maintenance solution MAX delivers efficiency gains and saves time for customers. The machine learning allows us to substantially flag potential repair issues before they occur, reducing elevator downtime,\u201d explains Dr. Chan.<\/p>\n<p class=\"p2\">Around 120,000 elevators in the US, Germany, Spain and South Korea are already connected to MAX and are benefiting from predictive analytics.<\/p>\n<blockquote>\n<h3 class=\"p1\"><span style=\"color: #3366ff;\"><em><span class=\"s1\">\u201cNew market conditions, new price pressure, fast-moving competition and\u00a0\u00a0<\/span><span class=\"s1\">increased material costs, present\u00a0\u00a0<\/span><span class=\"s1\">a new set of challenges.\u201d &#8211;\u00a0Dr. Andy Chan<\/span><\/em><\/span><\/h3>\n<\/blockquote>\n<h3 class=\"p1\">Rising up in China<span class=\"Apple-converted-space\">\u00a0<\/span><\/h3>\n<p class=\"p2\">After many years of stable growth, the market in China has changed, Dr. Chan says. \u201cThese changes, which include new market conditions, new price pressure, fast-moving competition and increased material costs, present a new set of challenges.\u201d<\/p>\n<p class=\"p2\">\u201cWe must respond by working more effectively and collaboratively, and by continuing to build and maintain a world-class service business throughout our operations in China.<\/p>\n<p class=\"p2\">\u201cWe also need to be better at value selling. We need to leverage our service and product strengths to give our customers a deeper understanding of the many benefits thyssenkrupp Elevator can offer.<\/p>\n<p class=\"p2\">An example of how we are addressing this is the rollout of our new product naming system in China with the launch of meta100, whose product name easily <span class=\"s1\">identifies its positioning among customers.\u201d<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-7496\" src=\"http:\/\/www.mediazone.com.hk\/hkmvc\/wp-content\/uploads\/2018\/10\/thyssenkruppElevatorHongKong_2.jpg\" alt=\"\" width=\"800\" height=\"534\" srcset=\"https:\/\/www.mediazone.com.hk\/hkmvc\/wp-content\/uploads\/2018\/10\/thyssenkruppElevatorHongKong_2.jpg 800w, https:\/\/www.mediazone.com.hk\/hkmvc\/wp-content\/uploads\/2018\/10\/thyssenkruppElevatorHongKong_2-300x200.jpg 300w, https:\/\/www.mediazone.com.hk\/hkmvc\/wp-content\/uploads\/2018\/10\/thyssenkruppElevatorHongKong_2-768x513.jpg 768w, https:\/\/www.mediazone.com.hk\/hkmvc\/wp-content\/uploads\/2018\/10\/thyssenkruppElevatorHongKong_2-450x300.jpg 450w, https:\/\/www.mediazone.com.hk\/hkmvc\/wp-content\/uploads\/2018\/10\/thyssenkruppElevatorHongKong_2-600x401.jpg 600w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<h3 class=\"p1\">On the Horizon<span class=\"Apple-converted-space\">\u00a0 \u00a0 <\/span><\/h3>\n<p class=\"p2\">According to Dr. Chan, big data application will allow the emergence of reactive maintenance to preventive maintenance and now predictive maintenance thus allowing a high level of reliability, acceptability and maintainability.<\/p>\n<p class=\"p2\">\u201cUrbanization leads to the demand of vertical and horizontal transportation in the increasing number of high rise and super high rise buildings. Also, urbanization demands an integration of transportation means into a system such as METRO, and airports,\u201d he says.<\/p>\n<p class=\"p2\">He observes that digitalization is increasingly adopted in management and operation systems. For instance, thyssenkrupp Elevator maintenance works are highly digitalized with operational tablets. VR and AR are also used as training, show room and other applications.<\/p>\n<p class=\"p2\">\u201cBusinesses are striving for simplification in systems and operations. Less is more and less is smart are the trends today. Ultimately, by means of or precise engineering that aims for tomorrow, thyssenkrupp Elevator employees work together to craft our city as the best place to live.\u201d<\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/gslm2gjwXdE\" width=\"800\" height=\"450\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">\ufeff<\/span><\/iframe><\/p>\n<p class=\"p1\">For additional information, please visit\u00a0<a href=\"http:\/\/www.thyssenkrupp-elevator.com\/hk\/\" target=\"_blank\" rel=\"noopener\"><span class=\"s1\"><b>www.thyssenkrupp-elevator.com\/hk\/<\/b><\/span><\/a><\/p>\n<hr \/>\n<p>Hong Kong\u2019s Business Leaders share market and interest intelligence in the pages of HKMVC 2019<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pushing back technological boundaries, global elevator company thyssenkrupp\u00a0is redefining the art of people-mobility. Dr. ANDY CHAN, managing director in Hong Kong, speaks on the shape of things to come. A diversified industrial group with over 200 years, headquartered in Essen, Germany, thyssenkrupp Elevator has to its credit 40 years in the industry, 20 years in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7495,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[409,402,55,57],"tags":[397,404,56],"class_list":["post-7493","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-elevator","category-hkmvc-2019","category-services-awards","category-technology","tag-elevator","tag-smart-city","tag-technology","dropcap-y","no-lazy-placeholder"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sky\u2019s the Limit for Elevator Techo-Giant | thyssenkrupp Elevator (Hong Kong) - Mediazone&#039;s Hong Kong&#039;s Most Valuable Companies<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mediazone.com.hk\/hkmvc\/2018\/10\/19\/skys-the-limit-for-elevator-techo-giant-thyssenkrupp-elevator-hong-kong\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sky\u2019s the Limit for Elevator Techo-Giant | thyssenkrupp Elevator (Hong Kong) - Mediazone&#039;s Hong Kong&#039;s Most Valuable Companies\" \/>\n<meta property=\"og:description\" content=\"Pushing back technological boundaries, global elevator company thyssenkrupp\u00a0is redefining the art of people-mobility. 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A diversified industrial group with over 200 years, headquartered in Essen, Germany, thyssenkrupp Elevator has to its credit 40 years in the industry, 20 years in [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.mediazone.com.hk\/hkmvc\/2018\/10\/19\/skys-the-limit-for-elevator-techo-giant-thyssenkrupp-elevator-hong-kong\/\" \/>\n<meta property=\"og:site_name\" content=\"Mediazone&#039;s Hong Kong&#039;s Most Valuable Companies\" \/>\n<meta property=\"article:published_time\" content=\"2018-10-19T02:00:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-29T02:40:16+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.mediazone.com.hk\/hkmvc\/wp-content\/uploads\/2018\/10\/thyssenkruppElevatorHongKong_1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"1200\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"hkmvc\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"hkmvc\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.mediazone.com.hk\/hkmvc\/2018\/10\/19\/skys-the-limit-for-elevator-techo-giant-thyssenkrupp-elevator-hong-kong\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.mediazone.com.hk\/hkmvc\/2018\/10\/19\/skys-the-limit-for-elevator-techo-giant-thyssenkrupp-elevator-hong-kong\/\"},\"author\":{\"name\":\"hkmvc\",\"@id\":\"https:\/\/www.mediazone.com.hk\/hkmvc\/#\/schema\/person\/a2e3f4f8e44042fc13de877c261dac86\"},\"headline\":\"Sky\u2019s the Limit for Elevator Techo-Giant | thyssenkrupp Elevator (Hong Kong)\",\"datePublished\":\"2018-10-19T02:00:05+00:00\",\"dateModified\":\"2026-04-29T02:40:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.mediazone.com.hk\/hkmvc\/2018\/10\/19\/skys-the-limit-for-elevator-techo-giant-thyssenkrupp-elevator-hong-kong\/\"},\"wordCount\":610,\"publisher\":{\"@id\":\"https:\/\/www.mediazone.com.hk\/hkmvc\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.mediazone.com.hk\/hkmvc\/2018\/10\/19\/skys-the-limit-for-elevator-techo-giant-thyssenkrupp-elevator-hong-kong\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.mediazone.com.hk\/hkmvc\/wp-content\/uploads\/2018\/10\/thyssenkruppElevatorHongKong_1.jpg\",\"keywords\":[\"Elevator\",\"Smart City\",\"Technology\"],\"articleSection\":[\"Elevator\",\"HKMVC 2019\",\"Services Awards\",\"Technology\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.mediazone.com.hk\/hkmvc\/2018\/10\/19\/skys-the-limit-for-elevator-techo-giant-thyssenkrupp-elevator-hong-kong\/\",\"url\":\"https:\/\/www.mediazone.com.hk\/hkmvc\/2018\/10\/19\/skys-the-limit-for-elevator-techo-giant-thyssenkrupp-elevator-hong-kong\/\",\"name\":\"Sky\u2019s the Limit for Elevator Techo-Giant | thyssenkrupp Elevator (Hong Kong) - 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