Company Market Research Report: TomTom
Company Overview
Name, Mission of the Company
- Name: TomTom
- Mission: Inspiring innovation with the world’s most useful map and pioneering real-time map updates to enable businesses and people to keep the world moving without surprises.
When Was the Company Founded and By Whom
- Year Founded: 1991
- Founders: No information is available
Key People in the Company
- Chief Product Officer: Johan Land
- Chief Human Resources Officer: Arne-Christian van der Tang
- Accelerated Leadership Program (ALP) Organizers: Mihaela Dobre
Where Is the Company Headquartered
- Headquarters: Amsterdam, The Netherlands
Number of Employees
- Employees: 3,700 passionate individuals
Revenue of the Company
- No information is available
What Is the Company Known For
- Expertise: Location technology, mapping software, real-time traffic data, digital cockpits, and automotive navigation systems. TomTom is known for creating trusted foundations for innovations in the geolocation industry.
Products
What Products Do They Offer
TomTom offers a wide range of products categorized broadly under Digital Cockpit, Automated Driving, Fleet & Logistics, Mobility on Demand, and Navigation.
High-Level Description of the Products
1. Digital Cockpit:
- Description: Provides advanced, modular software to create immersive in-vehicle experiences.
- Key Features: Customizable user interfaces, continuous updates, modular design, support for various configurations and screens.
2. Automated Driving:
- Description: Solutions to enhance driver safety and comfort, integral for ADAS and autonomous vehicles.
- Key Features: Hyper-accurate maps, enhanced contextual data, predictive powertrain controls.
3. Fleet & Logistics:
- Description: Location solutions for optimizing fleet management software and services.
- Key Features: Route planning, real-time traffic updates, asset tracking, speed violation prediction, geofencing.
4. Mobility on Demand:
- Description: APIs, SDKs, and datasets to support on-demand rides and deliveries.
- Key Features: Accurate geolocation for pickups and drop-offs, matrix routing tools for matchmaking driver tasks, live updates, cost prediction.
5. Navigation Apps and SATNAVs:
- Description: Personal navigation apps and professional SATNAV devices.
- Key Features: Offline maps, real-time traffic updates, speed camera alerts, in-dash navigation systems.
Key Features of Each of the Products
TomTom Traffic API: Real-time and historical traffic analytics.
TomTom MOVE: Traffic management visualization and reporting tool.
Navigational SDKs: Tools for embedding TomTom navigation capabilities into other apps.
EV Service: Information on charging station locations and availability.
* Virtual Horizon: Predictive ADAS information to ensure driver safety.
Recent Developments
What Are the Recent Developments in the Company
- Corporate Responsibility Initiatives: Accelerated Leadership Program launched in collaboration with the University of Cambridge, Judge Business School.
- Awards: Received 2024 Customer Value Leadership Award from Frost and Sullivan for automotive mapping innovation.
What Are the New Products Launched
- TomTom Orbis Maps: Sets new standards for mapmaking with unprecedented coverage and visualization.
- TomTom GO Superior: TomTom’s new personal SATNAV device.
What Are the New Features Added to Existing Products
- Partnership Updates: Bolstered their map data offerings with partners like East View Geospatial.
- Enhanced Capabilities: Integrated improved battery range prediction and charging station details into their EV Service.
Any New Partnerships
- Microsoft: Long-term agreement to deliver location technology and co-innovate on product development.
- Bolt: Integrated TomTom Traffic data to enhance ride-hailing and food delivery services globally.
- East View Geospatial: Partnership to deliver global maps for the Australian Department of Defence.
This report provides a comprehensive overview of TomTom’s business activities, recent growth developments, key products, and strategic initiatives.
