This podcast episode examines Roper Technologies' remarkable transformation under Brian Jellison's leadership, focusing on its strategic acquisitions, focus on recurring revenue, and leadership strategies. Jellison's emphasis on cash return on investment, selective approach, and long-term investment horizon contributed to Roper's success in acquiring software businesses with strong cash flows and high margins. The episode also discusses the leadership transition from Jellison to Neil Hunn and emphasizes the importance of simplicity, focus, and incentives in the company's continued success.