companyNayar and Schindler have signed an agreement to jointly enhance the connectivity of Schindler’s third-party elevators | Nayar Systems

25 April, 2024
Nayar strengthens its international presence helping Schindler maximize the connectivity of its third-party elevators, thereby improving Nayar’s value propositions in the Elevator & Escalator industry.

The Spanish technology company Nayar and Schindler, the Swiss leading elevator and escalator company, have signed a global agreement whereby Nayar’s technology will support Schindler in connecting its third-party elevators to the cloud, allowing Schindler’s technical operations centres to receive real-time alerts and monitor their performance.

In the words of José Luis Sanchis, Chief Marketing Officer of Nayar: “We have achieved an important milestone for our company. The agreement will help us become a globally leading supplier for Internet of Things (IoT) solutions in the elevator industry”.


An agreement with strict protocols is established to ensure data protection for all Nayar’s customers.

Nayar ensures all their current and future customers the protection and confidentiality of their data, following the same rigorous standards as provided in the past. The global agreement with Schindler has undergone meticulous legal procedures to establish a safeguard against conflicts of interest and to protect privileged and confidential information (including Chinese walls). All of Nayar’s customers are at all times assured full confidentiality and may continue to benefit from future innovation investments.


Benefits for the elevator industry, without exclusivity agreements.

To reinforce this long-term alliance and ensure mutual collaboration and information between the development teams, Schindler has become a minority shareholder in Nayar. This move provides stability to the global project and ensures maximum commitment from both parties. The management of Nayar remains unchanged and will continue to be overseen by the company’s majority shareholders.

With no exclusivity agreement between the two companies, Nayar’s current and future developments aimed at improving IoT connectivity, will be accessible to all its customers. The experience of both companies will enable their respective customers to benefit from the technological innovation brought about by this global agreement.

Schindler’s decision to implement Nayar’s technology for real-time connectivity in its elevators not only modernizes the world’s elevator fleet but also paves the way for a promising technological future.


Nayar is a technology engineering company founded in Spain seventeen years ago, with a global presence. The company is a European leader in the elevator industry and specializes in providing industrial IoT solutions. It has established itself as a partner and technology provider for companies seeking technological advancement and operational excellence. Nayar offers its technological expertise to third-party companies, providing high-quality IoT products and services that enhance the lives of individuals and corporations.


Founded in Switzerland in 1874, the Schindler Group is a leading global provider of elevators, escalators and related services. Schindler’s mobility solutions move more than 2 billion people every day all over the world. Behind the company’s success are over 70,000 employees in more than 100 countries. For more information about Schindler, please visit: