Roper Technologies (NYSE:ROP) (NYSE: ROP) is a diversified technology company that develops and provides software and engineered products for a broad array of end markets. The company’s primary business activities include delivering mission-critical enterprise software, measurement and analytical instruments, medical and scientific imaging solutions, and radio frequency (RF) power and microwave electronics. By combining proprietary technology with recurring revenue models, Roper serves customers that require specialized, high-reliability applications in industries such as healthcare, transportation, energy, education and food processing.
Within its Software Solutions segment, Roper offers a portfolio of subscription-based and perpetual-license products that automate complex workflows, asset management and regulatory compliance for niche verticals. These applications span areas such as hospital patient flow management, food safety inspection, waste and water treatment operations and educational administration. In its Technology-Enabled Products businesses, Roper designs and manufactures analytical instruments, sensors and controls for process monitoring, emissions testing and industrial safety. The company’s RF Power and Microwave segment supplies vacuum tube amplifiers, klystrons and waveguide components used in medical, scientific and defense research facilities.
Roper’s roots date back to 1981, when it began as a small industrial equipment operation. Over the ensuing decades, the company built a strategy centered on acquiring market-leading, specialty technology providers and integrating them into a decentralized operating model. In December 2015, Roper spun off its technology-focused businesses to form Roper Technologies, with the goal of capitalizing on recurring software revenues and high-margin engineered products. Today, the company continues to pursue selective acquisitions and invest in product innovation to sustain growth and profitability.
Headquartered in Sarasota, Florida, Roper Technologies maintains a global footprint with operations and customers across North America, Europe, Asia-Pacific and Latin America. Under the leadership of President and Chief Executive Officer Neil Hunn, the company emphasizes disciplined capital allocation, a lean corporate support structure and local autonomy for its business units. This approach is designed to foster customer-centric innovation and deliver long-term value for stakeholders.
