Fortive (NYSE:FTV) (NYSE: FTV) is a diversified industrial technology company headquartered in Everett, Washington. The company was created through a spin‑off from Danaher Corporation in 2016 and has since focused on building a portfolio of professional instrumentation and industrial technology businesses. In 2020 Fortive completed a further portfolio separation with the spin‑off of Vontier, concentrating Fortive’s activities on higher‑margin instrumentation, software and services.
Fortive’s operations center on professional test and measurement, sensing and monitoring, software‑enabled solutions, and lifecycle services that support industrial and commercial customers. Its businesses provide products and solutions for equipment calibration and diagnostics, field testing, process monitoring, industrial automation support, and software that helps customers improve operational uptime and productivity. These offerings are aimed at improving quality, safety and efficiency for customers across a range of capital‑intensive industries.
The company pursues growth through targeted acquisitions, organic innovation and a disciplined operating model known as the Fortive Business System, which emphasizes continuous improvement and operational rigor. Fortive manages a portfolio of operating companies and brands, allocating capital and resources to drive product development, aftermarket services and recurring revenue streams while reshaping the portfolio as markets evolve.
Fortive serves customers globally, with operations and sales across North America, Europe, Asia and other regions. The company is led by an executive team and board focused on executing a strategy of industrial technology leadership, portfolio optimization and margin expansion through service and software growth alongside its traditional product businesses.
