Festo AG & Co. KG
Festo is a leading world-wide supplier of automation technology and a world market leader in industrial education. Thanks to its innovations and problem-solving competence in all aspects of pneumatics as well as its unique range of industrial training and education programs Festo has become a performance leader in its industry over the last 50 years. With its innovative solutions for factory and process automation and with its new Industrie 4.0 learning solutions Festo paves the way for the digitising industry.
The globally-oriented and independent family company with its headquarters in Esslingen, Germany, achieves sales revenues of around € 2.5 billion and with about 18,000 employees is represented world-wide in roughly 250 locations. 63 national Festo companies around the world in 176 countries ensure that Festo’s advice, service, product delivery and reliability precisely meet customer needs in all global economic regions. Today, more than 300,000 industrial customers world-wide rely on Festo’s problem-solving competence.
Festo is founding member of the German Plattform Industrie 4.0 and the Labs Network Industrie 4.0, and it is involved in CPS and industrial IoT related initiatives on regional, national and European level, such as e.g. the ManuFuture platform and the Factories of the Future public-private partnership. Festo is very active in researching and developing new solutions and technologies for smart production systems of the future.
Contribution to Platforms4CPS
- Market and ecosystem analysis for CPS and Industrial IoT
- Roadmapping and recommendations for future research priorities
- Platform building based on common CPS building blocks
- Consensus building and creation of a Foresight community
- Dissemination and exploitation of project results
Project results will be used as guiding framework for internal CPS-related research activities and as stimulus for the development of next generation automation components, contributing to smart cyber physical production systems of the future.