Fortive (NYSE:FTV) is a diversified industrial technology company that designs, develops and manufactures a range of products and software solutions for professional and industrial end markets. Established as an independent public company in 2016 following its spin-off from Danaher Corporation, Fortive has built a reputation for combining high-precision instrumentation with advanced digital capabilities to drive efficiency, quality and safety in critical applications. The company’s decentralized operating model and focus on lean management practices enable its businesses to respond rapidly to customer needs and evolving market trends. Fortive is headquartered in Everett, Washington, and maintains a global presence through its extensive network of facilities and offices.
Fortive’s portfolio encompasses established brands such as Fluke, Tektronix and Gilbarco Veeder-Root, alongside growing software and services businesses including Accruent and Gordian. Through two primary operating segments—Professional Instrumentation and Industrial Technologies—the company delivers precision measurement instruments, sensor and monitoring systems, fuel dispensers, automation solutions and digital platforms that help customers optimize workflows, ensure regulatory compliance and mitigate operational risk. Its solutions serve a wide variety of industries, including energy, healthcare, electronics, communications and industrial manufacturing. Fortive’s focus on continuous innovation and customer collaboration underpins its strategic approach to product development and market expansion.
Fortive operates manufacturing facilities, research and development centers and regional sales offices around the globe, enabling the company to tailor solutions to local requirements while leveraging its global scale for cost-effective production and supply chain resilience. The company also invests in digital transformation initiatives through the Fortive Business System (FBS), a management framework that promotes lean methodologies, data-driven decision making and rapid business incubation. This approach fosters collaboration across teams and accelerates the integration of acquired businesses. Fortive’s global presence and operational agility support its ability to respond to dynamic market conditions and customer needs.
Fortive is led by President and Chief Executive Officer James A. Lico, who has been with the company since its inception and previously held leadership roles within Danaher’s industrial technology platform. Under his guidance, Fortive has pursued a disciplined acquisition strategy, expanded its software and sensing capabilities, and strengthened its commitment to long-term growth and shareholder value. The company’s board of directors comprises industry veterans and technical experts who oversee governance, risk management and corporate strategy. Fortive’s emphasis on disciplined capital allocation, operational excellence and sustainability initiatives positions it to deliver innovative solutions to its global customer base.
