Vontier Corp at Bank of America Industrial Software & Automation Summit (Virtual) Transcript

Sep 23, 2021 / 03:00PM GMT
Andrew Burris Obin - BofA Securities, Research Division - MD

Well, thank you so much. Welcome to the second session of the last day of our Industrial Software and Automation Summit. And with us, we have Aaron Saak, President of Gilbarco Veeder-Root, obviously, part of Vontier. Aaron has served as President of Gilbarco Veeder-Root since 2018 and previously, he was at Tyco and GE.

And of course, what I want to say is that maybe people don't appreciate, but Vontier actually is 1 of the more established players in software and SaaS in our coverage just given the company's history. And I'm not sure that's necessarily how people think about it, but the company has a very long history of being a large software player. Software is actually in our model should be a fairly meaningful contributor to a margin expansion going forward. And as I said, the company actually does have their mature software strategy that stem being part of Fortive and even going back to Danaher.

So I think the way we're going to do it, Aaron has a slide deck. He's going to go through some slides, and then we're going to go

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