Roper Technologies Inc at Morgan Stanley Technology, Media & Telecom Conference Transcript

Mar 05, 2024 / 05:30PM GMT
Keith Weiss - Morgan Stanley, Research Division - Equity Analyst

Excellent. So we'll get started. Thank you, everyone, for joining us. My name is Keith Weiss. I run the U.S. software research franchise here at Morgan Stanley and very pleased to be hosting from Roper Technologies, both President and CEO, Neil Hunn, as well as Jason Conley, EVP and CFO.

So thank you, gentlemen, for joining me. Roper to me is a fascinating company in that you, guys, really lean into what -- throughout my career, like I look at as some of the strongest attributes of software companies, right, the stickiness of the software companies, the ability to continually sort of innovate against sort of those process improvements, and yield really good margins on the back of it, really creating the flywheel. And you created a whole company that really leverages that flywheel leans into that flywheel.

Maybe just a good starting point for investors that might be a little bit newer to the story. It's not your typical software story. So Neil, can you walk us through maybe a little bit of like the Roper 101. What's the kind

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