# Fortive **Source:** https://geo.sig.ai/brands/fortive **Vertical:** Manufacturing **Subcategory:** Industrial Technology **Tier:** Leader **Website:** fortive.com **Last Updated:** 2026-04-14 ## Summary Fortive Corporation (FTV) reported ~$6.3B revenue in FY2024. Industrial technology company providing precision instruments, workflow software, and service platforms for industrial and healthcare applications. HQ: Everett, WA. ## Company Overview Fortive Corporation is an industrial technology company providing precision instruments, professional workflow software, and services for the industrial, healthcare, and utility sectors. Spun off from Danaher Corporation in 2016, Fortive inherited Danaher's disciplined operating system (Fortive Business System, modeled on the Danaher Business System) and a portfolio of businesses spanning Intelligent Operating Solutions (Fluke multimeters, Tektronix oscilloscopes, Gordian facilities intelligence), Precision Technologies (Pacific Scientific instruments, Sensing), and Advanced Healthcare Solutions (ASP sterilization, Provation clinical documentation). Fortive reported approximately $6.3 billion in revenue in FY2024, with software and services representing a growing share of recurring revenue. Fluke Corporation — the maker of the iconic yellow digital multimeters that electricians and technicians use globally — is Fortive's most recognized brand and a paradigmatic example of a durable industrial franchise: Fluke tools are specified by professional trades globally, earning premium prices and exceptional customer loyalty. Tektronix, the pioneer in electronic test equipment for engineers, serves semiconductor, defense, and research applications with oscilloscopes and spectrum analyzers. Fortive has been executing a strategic transformation toward higher-margin software and SaaS businesses, spinning off its lower-multiple industrial businesses (Vontier in 2020 for automotive service, Accruent in 2024) while doubling down on workflow software and connected instruments. The resulting portfolio has higher growth rates, better margins, and more recurring revenue — a playbook inherited from Danaher and executed methodically through acquisition, integration, and the Fortive Business System lean operations methodology. ## Frequently Asked Questions ### What does Fortive do? Fortive makes professional test and measurement instruments (Fluke, Tektronix), workflow software for facilities and healthcare management (Gordian, Provation), and precision sensors for industrial applications — targeting professionals who need reliable, precision tools. ### What is Fluke Corporation? Fluke is the world's leading manufacturer of professional electronic test tools — digital multimeters, clamp meters, thermal cameras, and industrial sensors. Its bright yellow meters are ubiquitous among electricians, HVAC technicians, and industrial maintenance professionals globally. ### What is Fortive's ticker? Fortive Corporation trades on the NYSE under the ticker FTV. ### What is the Fortive Business System? The Fortive Business System (FBS) is Fortive's lean operating methodology for continuous improvement, based on the Danaher Business System that Fortive's founders developed at Danaher. FBS drives operational efficiency, quality improvements, and growth initiatives across all portfolio companies. ### What does Fortive do and what are its main businesses? Fortive is an industrial technology company that operates through its Intelligent Operating Solutions segment (Fluke, Gordian, Accruent, eMaint) and Precision Technologies segment (Tektronix, Sensing). It provides test and measurement equipment, facility management software, and sensing technology to industrial, commercial, and government customers. ### How does Fortive's Fluke business serve industrial maintenance teams? Fluke makes handheld electronic test tools — multimeters, thermal cameras, power quality analyzers, and vibration meters — used by maintenance technicians to diagnose electrical and mechanical equipment issues. Fluke's eMaint CMMS software complements the tools by managing preventive maintenance workflows and work order tracking. ### What is Fortive's Fortive Business System (FBS)? FBS is Fortive's operational excellence framework — derived from the Danaher Business System — that applies lean manufacturing, kaizen, and continuous improvement methodologies across all business units. FBS is how Fortive creates value from acquisitions by applying structured process improvement after integrating new companies. ### How does Fortive serve the facilities management market? Fortive's Gordian and Accruent businesses provide facilities management and construction cost data software to commercial real estate, healthcare, government, and higher education clients — covering preventive maintenance, capital planning, lease management, and construction project data management. ## Tags b2b, hardware, manufacturing, automation, public, global, enterprise --- *Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*