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National Instruments

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National Instruments
National Instruments
National Instruments · Public domain · source
NameNational Instruments
TypePublic
Traded asNASDAQ: NATI
IndustryComputer hardware
Founded1976
FounderJeff Kodosky, James Truchard
HeadquartersAustin, Texas
Key peopleEric Starkloff, Alex Davern

National Instruments is a leading provider of test and measurement equipment, automated test equipment, and virtual instrumentation software, founded by Jeff Kodosky and James Truchard in 1976. The company is headquartered in Austin, Texas, and is listed on the NASDAQ stock exchange under the ticker symbol NATI, with notable investors including Fidelity Investments and The Vanguard Group. National Instruments has a strong presence in the technology industry, with partnerships with companies like Intel, Microsoft, and Cisco Systems. The company's products are used in a wide range of applications, including aerospace engineering, automotive engineering, and medical research, with notable customers such as NASA, General Motors, and Johns Hopkins University.

History

National Instruments was founded in 1976 by Jeff Kodosky and James Truchard, with the goal of creating a company that would provide innovative solutions for test and measurement applications. The company's early products included the GP-IB interface, which was used to connect instruments to computers from companies like Hewlett-Packard and Tektronix. In the 1980s, National Instruments introduced its first virtual instrumentation software, LabVIEW, which was developed in collaboration with Stanford University and Massachusetts Institute of Technology. LabVIEW was a major success, and it quickly became a standard tool in the test and measurement industry, with users including Lockheed Martin, Boeing, and General Electric. Over the years, National Instruments has continued to innovate and expand its product line, with acquisitions of companies like Intelligent Instrumentation and MicroCore Labs, and partnerships with organizations like IEEE and National Science Foundation.

Products and Services

National Instruments offers a wide range of products and services, including data acquisition hardware, signal conditioning modules, and software development tools. The company's flagship product is LabVIEW, a virtual instrumentation software that allows users to create custom test and measurement applications, with integration with MATLAB and Simulink from MathWorks. National Instruments also offers a range of PXI and PCI-based hardware products, including digitizers, oscilloscopes, and signal generators, which are used by companies like Agilent Technologies and Rohde & Schwarz. In addition, the company provides a range of services, including training and support, consulting and integration, and calibration and repair, with certified partners like Rockwell Automation and Siemens AG. National Instruments has also partnered with companies like Dell and HP Inc. to offer hardware and software bundles, and with organizations like National Institute of Standards and Technology and European Organization for Nuclear Research to develop new technologies.

Corporate Information

National Instruments is a publicly traded company, listed on the NASDAQ stock exchange under the ticker symbol NATI, with a market capitalization of over $10 billion. The company is headquartered in Austin, Texas, and has offices and facilities in over 50 countries around the world, including China, India, and Germany. National Instruments has a diverse workforce of over 7,000 employees, with a strong focus on research and development and innovation, and has been recognized as one of the Best Places to Work by Fortune magazine and Great Place to Work Institute. The company's leadership team includes Eric Starkloff, Alex Davern, and Scott Rust, who have previously worked at companies like IBM and Texas Instruments. National Instruments has also been recognized for its commitment to corporate social responsibility, with partnerships with organizations like United Way and American Red Cross.

Research and Development

National Instruments has a strong commitment to research and development, with a team of over 1,000 engineers and scientists working on new technologies and products. The company has a range of research partnerships with leading universities and institutions, including Stanford University, Massachusetts Institute of Technology, and University of California, Berkeley, and has collaborated with companies like Google and Amazon on artificial intelligence and machine learning projects. National Instruments has also invested in a range of emerging technologies, including Internet of Things and 5G wireless, with partnerships with organizations like CTIA and GSMA. The company's R&D efforts have resulted in a range of innovative products and technologies, including LabVIEW, PXI, and NI VeriStand, which have been recognized with awards from organizations like IEEE and National Academy of Engineering.

Applications and Industries

National Instruments' products and services are used in a wide range of applications and industries, including aerospace engineering, automotive engineering, and medical research. The company's products are used by leading companies and organizations, including NASA, General Motors, and Johns Hopkins University, and have been used in a range of high-profile projects, including the Mars Curiosity Rover and the Large Hadron Collider. National Instruments has also partnered with companies like Siemens AG and GE Healthcare to develop new technologies and products for the industrial automation and medical imaging markets, and has worked with organizations like American Heart Association and National Cancer Institute to develop new treatments and therapies. The company's products and services are also used in a range of other industries, including energy and utilities, semiconductors, and academic research, with users including Harvard University and California Institute of Technology.

Category:Companies listed on NASDAQ

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