TomTom

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TomTom N.V.
Euronext: TOM2
HeadquartersDe Ruijterkade, Amsterdam, Netherlands
Key people
Harold Goddijn (CEO), Corinne Vigreux (CMO and co-founder), Taco Titulaer (CFO), Derk Haank (chairman of the supervisory board), Alain De Taeye (management board)
Productsdevices, digital map, software and services
Total equityIncrease € 774 million (2018)
Websitewww.tomtom.com
Footnotes / references
[1]

TomTom N.V. is a Dutch company that provides devices for car and personal GPS navigation. Its production is famous and actively used in Europe, North America and some Asian countries.[2]

History

TomTom was founded in 1991.[source?]

In September 2005, TomTom bought Datafactory AG.[3]

In 2006, TomTom Traffic was created after buying Applied Generics.[4]

In 2008, the company owned Tele Atlas.[5]

In 2012, TomTom was the main to provide mapping data for Apple's iOS 6 Maps.[6]

In 2014, the company was a partner with Volkswagen Group during the research on Highly Automated Driving (HAD) systems.[7] TomTom N.V. provided Volkswagen Group, Mercedes, Toyota and other big carmakers with their navigation devices.[8]

In 2015, Uber started using TomTom's maps and traffic data in 300 cities.[9]

In 2020, Huawei replaced Google Maps with TomTom's maps on their smartphones.[10]

Structure

TomTom is oriented on 2 main market segments: location technology and consumer.[11]

Location technology refers to the company's automotive and enterprise businesses. The company provides cars, tech specialists, some companies and government bodies with maps and navigation software.[11]

The consumer segment is related to selling portable, personal satellite navigation devices.[12] Recently TomTom offered software applications with digital maplinked services instead of devices.[13]

Products and services

TomTom N.V. offers three types of products: maps, connected services and (navigation) software. The company sells Navigation devices (PNDs) and TomTom GO navigation apps.[14]

A TomTom's traffic monitoring service uses different sources to give traffic information by combining data from:

  • traditional sources: governmental/third-party data such as induction loops in the roads, cameras and traffic surveillance
  • new sources: traffic flow of millions of anonymous mobile phone users.[15]

TomTom Media

  • TomTom one navigatiesysteem in actie

  • TomTom Navigator 7 running on a HTC TyTN II (Windows Mobile)

  • TomTom Navigator running on a Nokia N95 (Symbian)

  • TomTom Self Driving Test Vehicle

References

  1. ↑ TomTom Annual Report and Accounts 2018 (2018)TomTom NV. Retrieved 2 August 2018.
  2. ↑ "TomTom Annual Report and Accounts 2018" (PDF). TomTom NV. 2018. Retrieved 2 August 2018.. Retrieved 1 April 2021.
  3. ↑ TomTom to acquire Datafactory (in en). www.telecompaper.com. Retrieved 2021-04-01.
  4. ↑ TomTom navigates way to a takeover of Applied Generics (in en). www.scotsman.com. Retrieved 2021-04-01.
  5. ↑ "TomTom CEO has no regrets about Tele Atlas buy" (in en). Reuters. 2009-02-24. https://www.reuters.com/article/idUSWEA868520090224. Retrieved 2021-04-01. 
  6. ↑ TomTom to become Apple phone default satnav program (in en). the Guardian (2012-06-12). Retrieved 2021-04-01.
  7. ↑ TomTom and Volkswagen partner to shape the future of Highly Automated Driving (AMS:TOMTOM) (2018-08-07). Retrieved 2021-04-01.
  8. ↑ TomTom signs deal to supply satnavs in Volkswagen cars. 12 February 2015. https://www.ft.com/content/1d10c730-b215-11e4-80af-00144feab7de. Retrieved 2021-04-01. 
  9. ↑ Proper, Levien de Feijter and Ellen (2015-11-12). "Uber Strikes Digital Maps Deal With TomTom" (in en-US). Wall Street Journal. ISSN 0099-9660 . https://www.wsj.com/articles/uber-strikes-digital-maps-deal-with-tomtom-1447334540. Retrieved 2021-04-01. 
  10. ↑ "TomTom closes deal with Huawei for use of maps and services: spokesman" (in en). Reuters. 2020-01-17. https://www.reuters.com/article/us-tomtom-huawei-tech-idUSKBN1ZG1SW. Retrieved 2021-04-01. 
  11. ↑ 11.0 11.1 staff (18 March 2019). "Annual report & accounts 2019". TomTom corporate. Retrieved 22 January 2021..
  12. ↑ "UPDATE 1-TomTom posts 41% slump in revenue but sees signs of recovery" (in en). Reuters. 2020-07-15. https://www.reuters.com/article/tomtom-results-idUSL5N2EM0UL. Retrieved 2021-04-01. 
  13. ↑ Bloomberg Technology - Bloomberg (in en). Bloomberg.com. Retrieved 2021-04-01.
  14. ↑ TOMTOM (TOM2.AS) company profile & facts – Yahoo Finance (in en-GB). uk.finance.yahoo.com. Retrieved 2021-04-01.
  15. ↑ TomTom | Maps and Services Shop (in en). Tomtom (2021-03-22). Retrieved 2021-04-01.
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