OTIS DEVELOPMENT LTD

What OTIS DEVELOPMENT LTD does

OTIS Development Ltd is a UK-based private software development and technology consultancy founded in 2024 and headquartered in Leeds, offering bespoke software applications alongside an "Intelligence As A Service" portfolio covering Machine Learning and AI, Industrial IoT, Generative AI validation, and Digital Twin solutions. Its stated focus is industrial process automation — predictive equipment maintenance, condition monitoring, and remote asset visualization — with primary go-to-market aimed at Manufacturing and Construction verticals via a three-stage consultative engagement (Brainstorm, Requirements, Hire The Team). A documented case study demonstrates a custom PDF invoice extraction solution for CHEP invoices that reduced processing time from 10–15 minutes to under 5 seconds per invoice (99.33% performance improvement) and delivered 50–60% planned resource savings in its first stage.

Name

OTIS DEVELOPMENT LTD

Legal name

OTIS Development LTD

Website

https://otisdevelopment.co.uk

Company type

Private

Founded year

2024

Operating status

Operating

Short description

OTIS Development Ltd is a UK-based bespoke software consultancy (founded 2024, ~2 staff) building custom ML/AI, Industrial IoT, Generative AI, and Digital Twin solutions for Manufacturing and Construction clients, primarily via a strategic partnership with Saviant Consulting.

Ownership category

akta.pro rank

Product category

Custom Software Development

NAICS

Custom Computer Programming Services (541511)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

AI/ML Engineering & Model Development Services (BPAEAHAF)

Keywords

• Custom software development
• Industrial IoT consulting
• Machine learning services
• Digital twin solutions
• Bespoke web development

Headquarters

HQ city

Halifax

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Bespoke Software Development: Custom software development services delivering optimization of business processes through bespoke solutions. Services include websites (starting from £20/month), software applications, and scalability solutions leveraging cloud technology.
2. Intelligence As A Service: Ongoing services including Machine Learning & AI solutions, Industrial IoT consulting, Generative AI validation and verification services, and Digital Twins consulting.
3. Website Hosting Services: Website design and hosting services from £20 per month.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

OTIS Development Ltd is a UK-based software development firm that delivers bespoke software applications and "Intelligence As A Service" offerings, including Machine Learning & AI solutions, Industrial IoT consulting, Generative AI validation/verification, and Digital Twins consulting for industrial and manufacturing clients. The company also provides website design and hosting (from £20 per month) and cloud scalability solutions tailored to optimize business processes.

Product overview

OTIS Development Ltd offers two primary service lines: Intelligence As A Service and Bespoke Services. Intelligence As A Service provides specialized consulting and development including Machine Learning & AI solutions for predictive insights and industrial equipment diagnostics, Industrial IoT Consulting for condition monitoring and predictive maintenance, Digital Twins Consulting for virtual asset creation, and Generative AI validation and verification services. Bespoke Services encompasses custom software applications, website design and hosting, and cloud-based scalability solutions. The company operates a partnership model with Saviant to deliver end-to-end digital solutions for Manufacturing and Construction industries.

Differentiator

Problem solved

Functional benefit

Products and services

• Intelligence As A Service A comprehensive consulting and development service line encompassing Machine Learning & AI solutions, Industrial IoT Consulting, Generative AI validation/verification, and Digital Twins Consulting for industrial and manufacturing clients seeking to optimize operations and build intelligent software systems.
• Bespoke Services Custom software development service delivering bespoke software applications, website design and hosting (from £20 per month), and cloud-based scalability solutions to optimize business processes for clients across industries.
• EMS Invoice Processing Solution A custom automated PDF invoice data extraction solution built for EMS (pallet management) that reads CHEP invoices in PDF format across multiple regions and languages, extracts data elements, performs calculations, and outputs to Excel workbooks. Reduced processing time from 10-15 minutes per invoice to under 5 seconds.

Quantifiable outcome

• 99.33% performance improvement in invoice processing (from 10-15 minutes per invoice to under 5 seconds)
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature4 records

Partnerships

One partnership is on record.

• Saviant ConsultingcoreStrategic or Co-development Partner · 2 December 2024Saviant and OTIS announced strategic partnership in December 2024 to deliver end-to-end digital solutions across Manufacturing and Construction industries. The partnership brings together Saviant's industrial consulting and implementation framework with OTIS's software development capabilities. Saviant works with machine manufacturers and industrial engineering businesses for data platform engineering, advanced analytics, and intelligent software implementations, having successfully deployed over 300 industry implementations. OTIS will support enterprise-scale customer needs while remaining cost-effective and responsive through this partnership.

Scale indicators3 records

Recent moves2 records

Expansion highlights5 records

Broad incumbents

• Fractal Analytics: Enterprise AI and analytics services firm delivering ML engineering, decision platforms and AI-led transformation to large industrial and consumer clients. Comparable to OTIS's ML/AI engineering and Industrial AI service offerings.
• Thoughtworks: Global technology consultancy that designs and delivers custom software, data platforms and digital transformation for enterprise clients, including industrial customers. Comparable to OTIS on the bespoke software and agile delivery model, but operates at far greater scale and across many more verticals.
• Globant: Large digital and cognitive transformation consultancy offering custom software, AI/ML engineering and IoT-style solutions to enterprise clients. Comparable to OTIS in offering AI engineering and bespoke application development, but at materially larger scale and global reach.
• Endava: Public IT services firm delivering custom software development and digital transformation across financial services, telecom, manufacturing and other verticals. Similar professional-services, bespoke-build model to OTIS but with thousands of engineers and global delivery centers.

Others

• Saviant Consulting: OTIS's named strategic partner, focused on intelligent data engineering and digital solutions for industrial machinery and smart-machine manufacturers. While not a direct competitor (the relationship is a partnership), Saviant is the most directly comparable firm in scope because it sells end-to-end data platform engineering, advanced analytics and intelligent software implementations for the same Manufacturing and Construction verticals.

Emerging players

• Sight Machine: AI/analytics platform purpose-built for manufacturing operations, covering production analytics, quality and downtime reduction. Comparable to OTIS's Manufacturing vertical focus and AI-driven factory analytics use cases.
• Uptake Technologies: Industrial AI software company providing predictive analytics and asset reliability solutions for manufacturing, energy and construction customers. Comparable to OTIS's predictive ML/AI for industrial equipment health diagnostics.
• XMPro: Industrial AI and IoT platform vendor focused on predictive maintenance, asset performance and digital twin use cases for asset-heavy industries. Overlaps directly with OTIS's Industrial IoT, digital twin and predictive maintenance service modules.

Direct peers

• N-iX: European-headquartered custom software development and digital transformation provider serving enterprise clients with cloud, data and IoT capabilities. Closely comparable to OTIS on the bespoke software, cloud scalability and emerging-tech service mix.
• Ciklum: Mid-sized custom software engineering and digital transformation provider serving enterprise clients across Europe and globally. Closely aligned with OTIS on the bespoke custom-development, agile delivery and emerging-tech (AI/IoT) positioning, at a similar middle-market enterprise tier.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/otis-development-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about OTIS DEVELOPMENT LTD