Fives is a company engaged in the design, supply, and installation of high-value solutions across various industries. Its primary activities include providing smart automation solutions for e-commerce, courier, distribution, and manufacturing; high precision machines for advanced manufacturing; and high-performance and sustainable technologies for process industries. The company serves sectors such as automotive, aerospace, manufacturing, aluminum, cement, steel, glass, and energy.

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Fives has undertaken several R&D initiatives focused on major technological changes, including hydrogen, decarbonization of industry, e-mobility, urban logistics, digitalization, and cybersecurity. The company aims to improve productivity, address quality challenges, enhance user experience, and combine machine capabilities with human skills. Fives is also involved in additive manufacturing, cobotics, and system flexibility to meet customer demands. The company is committed to reducing carbon emissions, increasing the use of low-carbon energies, and advancing digitalization and cybersecurity. The R&D unit of Fives is responsible for managing the company's research and development activities, focusing on innovation to support the industry of the future and smart plants. The unit aims to improve productivity, address quality challenges, enhance user experience, and integrate new production constraints or products. Fives has 38 R&D and test centers, with 2,869 patents in 838 families and 72 new patents filed in FY2024. The company has major technology alliances, including collaborations with the Canadian National Research Council (CNRC) and IRT Jules Verne, and partnerships with Airbus and other entities for developing new composite materials and technologies. In FY2024, the company spent EUR43 million on R&D, which accounted for 1.8% of the company’s revenue.