Otis Worldwide CEO on Supply Chain Issues

Judy Marks, CEO of Otis Worldwide, discusses the company's strategies to handle cost pressures, particularly in steel and semiconductors, and their impact on business segments. She highlights the resilience of their service business and the growth in China despite challenges. The company is optimistic about future growth in maintenance and repair services, driven by urbanization and return to work trends. Otis is focused on expanding market share in China and maintaining robust service operations globally.

What percentage of the company's revenue comes from the maintenance and repair business?

How does Judy Marks view the impact of the return to work model on their servicing business?

What are the key factors that Judy Marks believes will drive future growth in their business?