Fortive (FTV) Bank of America Industrials AI Conference Presentation summary

AI investment and strategic focus

• Over five years of investment in AI/ML through internal initiatives and partnerships, with all operating companies and employees having access to AI tools.

• Proprietary data leveraged to build customer solutions and scalable software advantages, targeting over $1B in software footprint and $100M+ in AI-based product revenue over the next five years.

Framework for AI-enabled value creation

• AI initiatives focus on engineering acceleration, product innovation, productivity improvements, and enhanced customer experience.

Engineering acceleration

• AI tools deployed across 3,000 software engineers, increasing efficiency by 20% and enabling faster time-to-market and more new products.