Fortive Corporation is a diversified industrial technology company that owns a portfolio of businesses making specialized instruments, sensors and software used across industrial, healthcare and other end markets, spun off from Danaher to operate as an independent public company. The company operates similarly to its former parent Danaher, using a disciplined operational management system to improve the businesses in its portfolio while pursuing acquisitions that fit its focus on niche, high-margin industrial technology products. Fortive's portfolio spans areas like industrial sensors, product realization tools and workflow software used by businesses that need specialized measurement and testing capabilities. The company's revenue is diversified across many end markets and geographies, though it remains sensitive to overall industrial production levels and capital spending cycles across the various niches its business segments serve.