Roper Technologies is a diversified technology company based in the United States. The company was founded in 1981 by George D. Roper, initially operating as a management consulting firm. Over the years, Roper underwent several transformations and acquisitions, evolving into its current form as a leading technology company.
Roper Technologies' primary focus is on acquiring and operating high-quality niche businesses in various industries. The company operates in four major segments: Application Software, Network Software & Systems, Measurement & Analytical Solutions, and Process Technologies. Within these segments, Roper provides specialized products and solutions to customers across different sectors, including healthcare, transportation, energy, water, education, and more.
Roper's business strategy revolves around the "Roper Way," a disciplined approach to operational excellence and financial performance. The company focuses on acquiring businesses with strong recurring revenue, high margins, and defensible market positions. Roper is known for its decentralized management approach, allowing its acquired businesses to maintain their entrepreneurial culture while benefiting from the resources and expertise of the larger corporation.
Through strategic acquisitions and organic growth, Roper Technologies has expanded its portfolio of companies and product offerings, establishing a strong presence in various technology-driven industries.