Intent Mesh & Hytec Dealer Services

Hytec Predict

Predictive Intelligence
for Elevator Operators

Joshua Worth / Founder, Intent Mesh

The Opportunity

The $41.7B Market

Elevator maintenance is a $41.7B global market. The IoT-in-elevators segment is growing at 19% per year. Predictive maintenance has crossed into 46% of service contracts. The race for the data layer has already started.

$41.7B
Global elevator
maintenance market, 2026
19%
CAGR for IoT
in elevators
46%
Service contracts
using PdM today
$55B
IoT elevator
market by 2033

Sources: Fortune Business Insights, industry reports

The Landscape

The Data Is Locked Up

The OEMs got there first and built walled gardens. Building owners can see dashboards but never raw telemetry. Independent service contractors get nothing at all.

OEM Walled Gardens
  • KONE 24/7 Connected Services. Cloud IoT, global network, sensor telemetry held by KONE.
  • Otis ONE. Dashboard for owners, raw data stays with Otis.
  • Schindler Ahead. IoT plus remote diagnostics, all proprietary.
  • TK Elevator MAX. First mover since 2015 on Microsoft Azure, locked stack.
Lift AI (The Challenger)
  • Raised capital, 5,000+ properties on the platform, big REIT customers.
  • But they own zero hardware. They rent IoT connectivity from a third party.
  • Tried building sensors, had 380 devices drop offline on July 4, 2020, and quit.
  • Real product is spend management and invoice auditing. Not true PdM.
  • Sells to building owners. Has no channel into independent service contractors.
The Opening

Nobody Serves the Independent Contractor

Independent service companies repair Otis, KONE, Schindler, and TK gear every day. They have no predictive platform of their own. The OEMs won't give them one. Lift AI isn't talking to them. That's the opening.

OEMs Hoard the Data Proprietary stacks. No raw telemetry. Customers trapped in the OEM ecosystem.
Lift AI Rents IoT No hardware. Accounting software dressed as PdM. Can't touch raw controller data.
Hytec Owns the Stack 40 years inside the boards. The hardware, the relationships, the know-how. All of it.
Why Hytec Wins

Four Unfair Advantages

Lift AI raised money and still couldn't do what Hytec can do on day one.

You Build the Boards Lift AI rents IoT modules from Blues Wireless. Hytec designs and repairs the boards this data lives on. You own the hardware layer from the silicon up.
You Have the Channel Every independent service contractor repairing Otis, KONE, Schindler, and TK gear is already a potential Hytec customer. That's a distribution channel Lift AI would kill for.
You Understand Controllers 40 years of deep repair data on elevator control boards. Motor current signatures, power quality, drive telemetry. You know what normal looks like because you've seen every failure.
You Already Have the Trust NAEC partnership. 40 year reputation. Independent service companies already send boards to Hytec. This is not a cold call. It's a cross-sell.
The Products

Two Products. One Stack.

Hardware plus software. Sold as a bundle. Priced per elevator unit per month. Built together from the start so they share a data layer.

Product One

Power Monitoring

Hytec ships the hardware today. We build the software layer.

  • Live voltage, current, and power factor dashboards
  • Alerts before failures. Historical trending.
  • Compliance reporting for building owners
  • White-labeled for every independent contractor
Product Two

Predictive Maintenance

Motor current signature analysis. The thing Lift AI can't do.

  • Detect bearing wear, rope slip, brake issues before they fail
  • Pull signal straight from drive and control boards
  • AI pattern matching trained on Hytec's 40 year repair archive
  • Alerts routed to the contractor, not the OEM
How It Works

From Motor to Dashboard

One data pipeline feeds both products. Owned end to end.

1. Hytec Hardware Power and current sensors at the drive and control board level
2. Edge Gateway Cellular uplink. No dependency on building WiFi or OEM network
3. AI Analysis Signature analysis, anomaly detection, trained on Hytec repair data
4. Contractor Alert Dashboard plus mobile push to the service contractor who owns the account

The data flow is owned from silicon to dashboard. No OEM gatekeepers. No rented IoT.

Revenue Model

Recurring Revenue. Per Unit. Per Month.

Sell the hardware once. Charge for the software every month. The install base compounds.

Hardware Sale

Installation

Contractor buys the sensor package and edge gateway. One-time margin on Hytec hardware you already build.

Monthly Subscription

SaaS Layer

Per elevator, per month. Dashboard, alerts, historical trending, AI analysis. Recurring revenue that compounds.

Data Licensing

Upside

Anonymized telemetry licensed to insurers, REITs, and regulators. A second revenue stream on top of the first.

"Every elevator is a subscription. Every contractor is a reseller. Every repair archive entry makes the AI smarter."

Who Builds It

Built From the Field Up

Elevator Mechanic IUEC Local 74. I work on the equipment every day. I know this industry from the inside.
AI-Directed Builder I use AI to build real software. No dev team. No agency. Just me and the tools, moving at a speed traditional shops can't match.
PullSheet Invoicing platform serving real users in the field. Organic growth. Zero marketing spend.
Silent Killer Mobile game shipped to the App Store and Play Store. Built, shipped, and maintained by me alone.

"I understand the work. I use AI to build the tools for it."

Next Steps

Let's Build This
Together

Phase 1
Pilot on One Building Pick a contractor. Install Hytec hardware plus the software layer on one unit. Prove the data flow.
Phase 2
Iterate With Contractors Your techs tell me what's wrong, I fix it. Fast cycles until the product fits the trade.
Phase 3
Roll Out Through NAEC Leverage the Hytec reputation and NAEC channel. Every independent contractor becomes a reseller.
founder@intentmesh.dev
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