In Spite of Economic and Technical Turbulence on Many Fronts, the State of the Process Engineer Remains Remarkably Stable
Looking For Details on This Year's Honeywell Users Group Americas? We Have Them Here for You
Harry Forbes Disagrees with Bela Liptak's Automation Could Have Prevented Fukushima Article. Find Out Why
There's Been Too Much Hype About the Cost Savings of Fieldbus. The Same Thing Can Be Done With Remote I/O
McMillan and Weiner Ask Dennis Cima How He Approaches Making MPC Applications as Successful as Possible
Festo is not a small company. Their annual turnover is 2.24 billion Euros, they have over 300,000 customers, and 16,200 employees, not counting the robot lawnmowers that look like large trilobites trundling over the grass at the headquarters and technical center.
Festo, like many of the mittelstand companies, spends heavily on Research and Development: 7%, as opposed to the 2% which is more usual in an American automation company. They also devote 1.5% of revenue each year to education and training.
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