I went to a technical presentation (free lunch) by a company that wants us to buy their equipment. It was exactly like that. Well, there were more real words used, but the guy did have a thing that spun like that and a lot of flashy lights.
Yea I left in '97 the same time they made this video. I knew that place would fall apart if I left (rockwell software). If you heard real industrial control jargen it probably would sound the same to the novice.