Fortive

Surgical Instrument Tracking System Market to grow by USD 157.17 million from 2022 to 2027, North America to account for 41% of market growth- Technavio

Retrieved on: 
Wednesday, September 20, 2023
Paragon, Unique, Spine, Securitas, Medicare, Incidence, MHealth, EHR, SE, Conditional sentence, Securitas AB, Automation, ENT, Component, Telehealth, Clinical data management, American Surgical Association, BD (company), USD, Barcode, Hardware, Growth, Centers for Medicare & Medicaid Services, RFID, Biotechnology, FREE, Koch Industries, Ulcerative colitis, Fortive, Getinge Group, Research, Complex, Case Medical Centre, UDI, Skull, Large intestine, Instrument, Colorectal cancer, ROW, Unique Device Identification, Steris, CMMS, Medical device, Retail, Dentistry, Pharmaceutical industry, Software, Geography

NEW YORK, Sept. 19, 2023 /PRNewswire/ -- The surgical instrument tracking system market is expected to grow by USD 157.17 million from 2022 to 2027.

Key Points: 
  • NEW YORK, Sept. 19, 2023 /PRNewswire/ -- The surgical instrument tracking system market is expected to grow by USD 157.17 million from 2022 to 2027.
  • In addition, the momentum of the market will progress at a CAGR of 9.34% during the forecast period, according to Technavio Research.
  • Surgical Instrument Tracking System Market: Segmentation Analysis
    The market share growth by the hardware segment will be significant during the forecast period.
  • In addition, the mandatory adoption of Unique Device Identification (UDI) regulations in surgical instrument tracking is mainly expected to drive the growth of the hardware segment in the surgical instrument tracking system market.

Fluke Corp. Acquires Solar Test and Measurement Leader, Solmetric

Retrieved on: 
Tuesday, September 12, 2023
Technology, Architecture, Other Energy, Utilities, Other Construction & Property, Alternative Energy, Energy, Commercial Building & Real Estate, Construction & Property, Building Systems, Environment, Urban Planning, Hardware, REIT, WA, FTV, Solmetric, Fluke Corporation, Fortive, Multimedia, Corp, Acquisition, ROI, NYSE, Safety, Renewable energy, Fluke

Fluke Corp, a wholly owned subsidiary of Fortive Corporation [NYSE: FTV] and a global leader in test and measurement instruments, has acquired California-based Solmetric, a market leader in high precision, solar test, and measurement products.

Key Points: 
  • Fluke Corp, a wholly owned subsidiary of Fortive Corporation [NYSE: FTV] and a global leader in test and measurement instruments, has acquired California-based Solmetric, a market leader in high precision, solar test, and measurement products.
  • Solmetric is best known for the PV Analyzer, a US market-leading I-V curve tracer, the de facto industry standard for commissioning solar installations.
  • Fluke is as passionate about delivering the next generation of solutions for solar customers as we are – it’s a great fit.”
    This acquisition extends Fluke’s product line, combining two powerful brands in the solar test and measurement space.
  • Solmetric was founded in 2005, their experts have extensive experience in the solar installation industry and in the development of high-precision test and measurement tools.

Optical Time Domain Reflectometer (OTDR) Market to grow by USD 76.43 million from 2022 to 2027, Growth Driven by Increasing Demand for Tier-2 Certification Standard- Technavio

Retrieved on: 
Friday, September 8, 2023
Telecommunications, Telecom, Communication, Rayleigh, OTDR, Head, Fiber, Fiber to the x, Analysis, Teledyne Technologies, ASP, ISO, Certification, Organization, LED, Locator, ISO 9001:2015, Growth, TCO, Augustin-Jean Fresnel, Fortive, Fluke Corporation, Corning Inc., Private, Information technology, Copper, Connectix, Texas Instruments, Cable television, Aerospace, Geography

The potential growth difference for the optical time domain reflectometer (OTDR) market from 2022 to 2027 is USD 76.43 million.

Key Points: 
  • The potential growth difference for the optical time domain reflectometer (OTDR) market from 2022 to 2027 is USD 76.43 million.
  • Increasing demand for tier-2 certification standards is a key factor driving market growth.
  • Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more.
  • Buy the full report here
    The growing market for rental test equipment is a significant challenge restricting market growth.

Enterprise Asset Management Market to grow by USD 2.04 billion from 2022 to 2027, Growth Driven by increasing number of partnerships and acquisitions - Technavio

Retrieved on: 
Friday, September 8, 2023
Constellation, Acceleration, ABB, Enterprise asset management, Health, Telecommunications, ISO, Aveva, Key (company), SAP, CGI Inc., SAP SE, Koch Industries, Full, Certification, Fortive, Oracle Corporation, Strategic partnership, Analysis, ISO 9001:2015, SE, Growth, ESG, BFSI, BSFI, Rockwell Automation, IBM, Transport, IPS, SME, Geography, Retail, Video game

The growing number of partnerships and acquisitions is a key factor driving market growth.

Key Points: 
  • The growing number of partnerships and acquisitions is a key factor driving market growth.
  • In addition, market participants may be able to develop cloud applications for Enterprise Asset Management, which will also extend their geographical reach across different regions.
  • Consequently, it is expected that more product-level innovation and increased demand for enterprise asset management solutions will be driven by a growing number of Strategic Partnerships and supplier acquisitions.
  • The potential growth difference for the enterprise asset management market from 2022 to 2027 is USD 2.04 billion.

United Digestive Transitions Endoscopy Centers to Provation® Apex Platform

Retrieved on: 
Thursday, August 31, 2023
Software, Biotechnology, Practice Management, General Health, Health, Data Management, Health Technology, Technology, Software as a service, Gastroenterology, UD, FTV, Pathology, Provat Lakra, Fortive, Documentation, Patient, Growth, Digestive, GI, NYSE, Nursing

“United Digestive embraces a cloud-first strategy that supports our rapid growth as an organization,” said Mark Gilreath, CEO of United Digestive.

Key Points: 
  • “United Digestive embraces a cloud-first strategy that supports our rapid growth as an organization,” said Mark Gilreath, CEO of United Digestive.
  • “Provation Apex was a clear choice enabling our entire care team to document procedures on one platform.
  • UD has chosen to adopt the entire platform, including solutions and features for physician and nursing documentation, patient engagement, document management, interfaces, pathology, and enterprise reporting.
  • “United Digestive is cutting-edge,” said Ankush Kaul, President of Provation.

Fortive to Present at the Morgan Stanley Laguna Conference

Retrieved on: 
Wednesday, August 30, 2023
Health, Technology, Manufacturing, Health Technology, Other Technology, Software, Other Manufacturing, Fortive, FTV, Birla Precision Technologies, NYSE, Conference, Management

Fortive Corporation ("Fortive") (NYSE: FTV) today announced that President and Chief Executive Officer, James A. Lico, and President and Chief Executive Officer, Precision Technologies and Advanced Healthcare Solutions, Tami Newcombe, will be presenting at the Morgan Stanley Laguna Conference on Wednesday, September 13th, 2023 at 11:10 a.m.

Key Points: 
  • Fortive Corporation ("Fortive") (NYSE: FTV) today announced that President and Chief Executive Officer, James A. Lico, and President and Chief Executive Officer, Precision Technologies and Advanced Healthcare Solutions, Tami Newcombe, will be presenting at the Morgan Stanley Laguna Conference on Wednesday, September 13th, 2023 at 11:10 a.m.
  • ET (8:10 a.m. PT).
  • The audio will be simultaneously webcast and will be archived on www.fortive.com .

Fluke Reliability Acquires AI-Powered Vibration Analytics and Remote Condition Monitoring Solution

Retrieved on: 
Tuesday, August 29, 2023
Software, Other Manufacturing, Hardware, Artificial Intelligence, Data Management, Engineering, Technology, Manufacturing, Maintenance, Software as a service, FTV, Azima, Intelligence, Fortive, Multimedia, Acquisition, DLI, Growth, NYSE, Asset management, Risk management, Maintenance (technical)

Fluke Reliability, a wholly owned subsidiary of Fortive Corporation [NYSE: FTV], which empowers reliability and maintenance teams with the hardware, software, and services they need to optimize asset performance, has acquired Azima DLI, a market leader in subscription-based remote condition monitoring and AI-powered vibration analytics software.

Key Points: 
  • Fluke Reliability, a wholly owned subsidiary of Fortive Corporation [NYSE: FTV], which empowers reliability and maintenance teams with the hardware, software, and services they need to optimize asset performance, has acquired Azima DLI, a market leader in subscription-based remote condition monitoring and AI-powered vibration analytics software.
  • View the full release here: https://www.businesswire.com/news/home/20230829925521/en/
    The acquisition of Azima DLI amplifies Fluke Reliability’s connected reliability strategy, bringing together condition monitoring and alignment hardware, asset management software, and remote condition monitoring services to address customers' asset reliability needs.
  • The acquisition also includes remote condition monitoring services, where a team of Azima DLI experts perform complex vibration analysis.
  • Joe Van Dyke, VP of Engineering for Azima DLI, commented: "We are incredibly proud of this best-in-class vibration analytics and remote condition monitoring platform.

Fortive Declares Regular Quarterly Dividend on its Common Stock

Retrieved on: 
Thursday, August 17, 2023
Software, Hardware, Health, Machinery, Engineering, Health Technology, Technology, Manufacturing, Fortive, FTV, NYSE, Holding company

Fortive Corporation (“Fortive”) (NYSE: FTV) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.07 per share of its common stock, par value $0.01 per share, payable on September 29, 2023 to common stockholders of record on September 1, 2023.

Key Points: 
  • Fortive Corporation (“Fortive”) (NYSE: FTV) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.07 per share of its common stock, par value $0.01 per share, payable on September 29, 2023 to common stockholders of record on September 1, 2023.
  • Although Fortive expects to pay dividends on a quarterly basis, any subsequent declaration of dividends, including the amount, the record dates and the payment dates for any such future dividend payments, is subject to the discretion of the Board of Directors.

Provation Celebrates Dr. Mani Vindhya, MD, FASA, FASE, Named Tampa Magazine's 2023 Top Doctor for the Third Consecutive Year

Retrieved on: 
Thursday, August 3, 2023
Health, Technology, Health Technology, Software, General Health, Cardiology, Biotechnology, Perioperative, Software as a service, Fortune 1000, Provat Lakra, Fortive, Multimedia, Apex, Healthcare Facilities Accreditation Program, Hospital, Documentation, Patient, EHR, Patient safety, Physician, Gastroenterology, Engineering, GI, Medical device, Nursing, Anesthesia, KLAS

This marks the third consecutive year that Dr. Vindhya has received this prestigious recognition, reaffirming his exceptional contributions to the field of cardiac anesthesiology and healthcare technology.

Key Points: 
  • This marks the third consecutive year that Dr. Vindhya has received this prestigious recognition, reaffirming his exceptional contributions to the field of cardiac anesthesiology and healthcare technology.
  • Provation iPro has been hailed as a transformative solution for anesthesia documentation, revolutionizing the way anesthesiologists work by streamlining the perioperative encounter.
  • Provation is a leading provider of healthcare software and SaaS solutions, dedicated to empowering providers to deliver quality healthcare for all.
  • Our innovative solutions include physician and nursing documentation with Provation® Apex and anesthesia documentation with the #1 Best in KLAS, Provation® iPro .

Fortive Reports Strong Second Quarter 2023 Results; Raises Full Year 2023 Outlook

Retrieved on: 
Wednesday, July 26, 2023
Technology, Engineering, Health Technology, Software, Manufacturing, Machinery, Hardware, Health, Science, Other Science, Fortive, Webcast, FTV, FBS, Birla Precision Technologies, NYSE, Culture, Textile, Video game

Fortive Corporation (“Fortive”) (NYSE: FTV) today announced financial results for the second quarter 2023.

Key Points: 
  • Fortive Corporation (“Fortive”) (NYSE: FTV) today announced financial results for the second quarter 2023.
  • For the second quarter, net earnings were $209 million.
  • Diluted net earnings per share for the second quarter was $0.59.
  • For the second quarter, revenues increased 4.3% year-over-year to $1.53 billion, which included core revenue growth of 5.5%.