Datahoist develops Industrial Internet of Things (IIoT) products and solutions for the vertical transportation industry, to allow for the transition to targeted, predictive, and prescriptive maintenance practices. With more than 20 years of experience in elevator diagnostics, and additional experience in predictive analytics platform development, software development, IoT development, and now in their 5th generation of elevator monitoring devices, Datahoist is strongly positioned to offer the best solutions, and is developing an advanced system for monitoring and maintaining elevator installations. This system applies cutting edge innovations in sensors, data acquisition, cloud operations and analytics to enable elevator services companies and building owners to reduce their costs, and increase the reliability of elevator operations.