FESTO
The Festo Group
A responsible family-owned company and a global player in digitalization Festo, the world’s leading supplier of automation technology and technical education, is deploying its products and services to meet the challenge of smart production for the future in the course of digitalization, relying on artificial intelligence and machine learning. Established in 1925, the independent family-owned company based in Esslingen a.N., Germany, has been a driving force in automation for over 90 years and with its unique range of offers has become the world market leader in technical education. 300,000 customers worldwide in factory and process automation put their trust in the company’s pneumatic and electric drive solutions.
The Festo Group registered sales of €3.81 billion in the 2022 financial year and is represented at 250 locations throughout the world with a total of 20,800 employees. 7% of its annual turnover is invested in research and development.
As a family-owned company, Festo thinks and acts responsibly and with a long-term perspective. Festo stands for clear values, utmost quality, and customer-oriented innovation. It has set standards in industrial automation technology and technical education ever since its establishment, thereby making a contribution to the sustainable development of the environment, the economy, and society.
Festo is advancing digitalization in all its corporate divisions. Festo is leading its customers and employees into the digital future. To this end, the company is developing new future-oriented concepts founded on the triad of innovative and energy-efficient technologies, intuitive human-machine collaboration, and education and further training.
Read more: https://www.festo.com/de/en/e/about-festo/festo-experience-center-id_1083170/