Festo AG is a global player and an independent family-owned company with headquarters in Esslingen am Neckar, Germany. The company supplies pneumatic and electrical automation technology to 300,000 customers of factory and process automation in over 40 industries. Our products and services are available in 176 countries. With about 18.700 employees in 61 companies worldwide, Festo achieved a turnover of around €2.64 billion in 2015. Each year around 8 % of this turnover is invested in research and development. In this learning company, 1.5 % of turnover is invested in basic and further training.
Project involvement within ARENA2036
Festo joins the ARENA2036 to conduct research in production technology for the automotive industry of the future. As a supplier for pneumatic and electrical automation components it is important for Festo to know the requirements of the machine manufacturers and plant operators for the future to refine the own products and services portfolio. The focused subjects for Festo are innovations for Industry 4.0, amongst others transformable, adaptable machines, Human-machine interaction and energy efficiency.