Future of United Technologies | Quantumrun

Future of United Technologies

United Technologies Corporation (UTC) is a US global conglomerate headquartered in Farmington, Connecticut. It develops, research, and produces high-technology products in various areas, including building systems, aerospace systems, aircraft engines, HVAC, elevators and escalators, fire and security, and industrial products, among others.

Home Country: 
United States
Industry: 
Aerospace and Defense
Industry vulnerability to disruption: 

This company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*First off, advances in nanotech and material sciences will result in a range of new construction materials that are stronger, lighter, heat and impact resistant, shapeshifting, among other exotic properties. These new materials will allow for the creation of a range of new rockets, air, land, and sea vehicles that possess capabilities far superior to today's commercial transportation systems.
*The plummeting price and increasing energy capacity of solid-state batteries will result in a greater adoption of electric-powered commercial aircraft and combat vehicles. This shift will lead to significant fuel cost savings for short haul, commercial airlines and less vulnerable supply lines within active combat zones.
*Significant innovations in aeronautical engine design will reintroduce hypersonic airliners for commercial use that will finally make such travel economical for airlines and consumers.
*The shrinking cost and increasing functionality of advanced manufacturing robotics will lead to further automation of factory assembly lines, thereby improving manufacturing quality and costs.
*The shrinking cost and increasing computational capacity of artificial intelligence systems will lead to its greater use across a number of applications, especially drone air, land, and sea vehicles for commercial applications.
*By 2050, the world population will rise above nine billion, over 80 percent of whom will live in cities. Unfortunately, the infrastructure needed to accommodate this influx of urbanites does not currently exist, meaning the 2020s through the 2040s will see an unprecedented growth in urban development projects globally.
*Maglev elevator systems that use magnetic levitation instead of elevator cables will allow for elevators to run horizontally, as well as vertically; they will allow for multiple elevator cabins to operate in a single shaft; and they will allow buildings over a mile high to become commonplace.
*Similar to the note above, the next two decades will see significant economic growth across Africa and Asia that will result in a range of transportation and utility infrastructure projects approved for production.

Total patents held: 
7 920
Number of patents field last year: 
27
Ranking List: 
11
Ranking List: 
2017 Quantumrun Global 1000
9
Ranking List: 
2017 Quantumrun US 500
Ranking List: 
2017 Quantumrun Silicon Valley 100
Market Revenue Country: 
Market country 
United States
Revenue from country 
0.56
Market country 
Europe
Revenue from country 
0.19
Market country 
Asia
Revenue from country 
0.14
Prod/Serv name revenue: 
Prod/Serv name: 
Otis
Prod/Serv revenue: 
11893000000
Prod/Serv name: 
UTC climate, controls and security
Prod/Serv revenue: 
16851000000
Prod/Serv name: 
Pratt and Whitney
Prod/Serv revenue: 
14894000000
Founded: 
1934
Company Name: 
United Technologies
Revenue: 
57244000000
3y average revenue: 
57080666667
Operating expenses: 
2195000000
3y average expenses: 
2229666667
Company profile data note: 
All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page.
Global employee count: 
201600
Number of domestic locations: 
29
Funds in reserve: 
7157000000
Investment into R&D: 
2337000000
create term: 
#11 | 2017 Quantumrun Global 1000
#9 | 2017 Quantumrun US 500

United Technologies Corporation (UTC) is a US global conglomerate headquartered in Farmington, Connecticut. It develops, research, and produces high-technology products in various areas, including building systems, aerospace systems, aircraft engines, HVAC, elevators and escalators, fire and security, and industrial products, among others.

Home country:
United States
Sector:
Aerospace and Defense
Industry:
Aerospace and Defense
Founded:
1934
Global employee count:
201,600

Financial Health

Revenue
$57,244,000,000 USD
3y average revenue
$57,080,666,667 USD
Operating expenses
$2,195,000,000 USD
3y average expenses
$2,229,666,667 USD
Funds in reserve
$7,157,000,000 USD
#1 Market country
United States
% of revenue from country #1
0.56%
#2 Market country
Europe
% of revenue from country #2
0.19%
#3 Market country
Asia
% of revenue from country #3
0.14%

Asset Performance

#1 Product/Service/Dept. name
Otis
#1 Product/Service revenue
$11,893,000,000 USD
#2 Product/Service/Dept. name
UTC climate, controls and security
#2 Product/Service revenue
$16,851,000,000 USD
#3 Product/Service/Dept. name
Pratt and Whitney
#3 Product/Service revenue
$14,894,000,000 USD

Innovation assets and Pipeline

Investment into R&D
$2,337,000,000 USD
Total patents held
7,920
Number of patents field last year
27
All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page.

Disruption Vulnerability

This company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*First off, advances in nanotech and material sciences will result in a range of new construction materials that are stronger, lighter, heat and impact resistant, shapeshifting, among other exotic properties. These new materials will allow for the creation of a range of new rockets, air, land, and sea vehicles that possess capabilities far superior to today's commercial transportation systems.
*The plummeting price and increasing energy capacity of solid-state batteries will result in a greater adoption of electric-powered commercial aircraft and combat vehicles. This shift will lead to significant fuel cost savings for short haul, commercial airlines and less vulnerable supply lines within active combat zones.
*Significant innovations in aeronautical engine design will reintroduce hypersonic airliners for commercial use that will finally make such travel economical for airlines and consumers.
*The shrinking cost and increasing functionality of advanced manufacturing robotics will lead to further automation of factory assembly lines, thereby improving manufacturing quality and costs.
*The shrinking cost and increasing computational capacity of artificial intelligence systems will lead to its greater use across a number of applications, especially drone air, land, and sea vehicles for commercial applications.
*By 2050, the world population will rise above nine billion, over 80 percent of whom will live in cities. Unfortunately, the infrastructure needed to accommodate this influx of urbanites does not currently exist, meaning the 2020s through the 2040s will see an unprecedented growth in urban development projects globally.
*Maglev elevator systems that use magnetic levitation instead of elevator cables will allow for elevators to run horizontally, as well as vertically; they will allow for multiple elevator cabins to operate in a single shaft; and they will allow buildings over a mile high to become commonplace.
*Similar to the note above, the next two decades will see significant economic growth across Africa and Asia that will result in a range of transportation and utility infrastructure projects approved for production.