Schindler Holding Ltd - Company Profile
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Business Description
Schindler Holding Ltd (Schindler) is a provider of transit and building management systems, which manufactures elevators, escalators and moving walks, and installs, services, and modernizes those in residential and commercial buildings, and offices. The company operates through two reportable business segments: Elevators & Escalators, and Finance.
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R&D Overview
The company's R&D efforts focus on developing smart, innovative, and user-friendly energy efficient mobility solutions by transit management and PORT technology. Its areas of research include new materials, transit management, software architectures, simulation, and advanced assembly technologies. The company seeks out opportunities to improve their products through artificial intelligence and introduce them in new markets. The company’s BuildingMinds aims to enhance the performance and sustainability of buildings by using digital technology. The use of digital twin technology results in improved equipment data quality which leads to a faster time to market. CleanMobility offers solutions that cater to present challenges with touchless operation and passenger space solutions. These are some of the outcomes of the company’s R&D efforts. The company continues to focus on developing innovative solutions and technologies that advance global progress and enhance urban living standards. As of December 2022, the company had more than 1,200 patent families and 7,500 patent applications across the world. In FY2022, Schindler spent CHF208 million on R&D, which was 1.83% of the company’s revenue. The company has R&D centers in Switzerland, Germany, Brazil, China, India, and the US.
Business Segments
Overview
Manufactures, installs, services and modernizes elevators, escalators and moving walks. Delivers products for transit purpose in buildings, airports, shopping centers, retail establishments and specialty buildings. Elevators include Schindler 1000 for low-to mid- rise residential buildings, Schindler 3000 for various building types and use cases, Schindler 5000 for higher passenger volumes with optimum ride quality. Schindler 5500 for commercial and high-end residential buildings. Schindler 7000 for millions of people in the world’s tallest buildings. Schindler 9300, Schindler 9700 escalators, and Schindler 9500 moving walks are Versatile escalators and moving walks.
Performance
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Overview
Includes the expenses of BuildingMinds and Schindler Holding Ltd and other centrally managed financial assets and liabilities.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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