ICT

TomTom International BV

Company Profile Analysis

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TomTom International BV - ICT showcase

Year Founded & Workforce

1990-12-31

4,500 Employees

Industry

ICT

Services

T

TomTom International BV Overview

Company Headquarters: Amsterdam, The Netherlands

Founded: 1991

Workforce: ~4,500

Company Working: TomTom International BV (TomTom) offers easy to use navigation devices and tracking solutions. The company operates through three businesses, namely automotive, licensing, and telematics. The licensing business provides licensed maps, online services such as traffic and navigation software to its customers as components for different applications. The automotive business provides location-based application components to automotive customers, which include OEMs and Tier-1 head unit vendors for in-vehicle navigation, and autonomous driving. The company’s telematics business provides fleet management, vehicle telematics, and connected car services. Its expertise exists in technology, navigation products, and services such as maps, traffic, wearables, fitness, action camera, software, and fleet management. TomTom has offices in 37 countries across the globe.

Strategy

TomTom majorly focuses on its core location technology business, which includes developing a platform and strengthening its product portfolio. The company aims at strengthening and expanding its product portfolio. The company also aims at retaining its key customers and channel partners by developing innovative products with advanced capabilities, which enables TomTom to maintain a competitive edge in the market. TomTom collaborates with various universities to hire a highly skilled workforce and training them continuously to update their skillsets to innovate new products and solutions.

Company Snapshot

$580.98M

Revenue

4,500

Employees

1990-12-31

Founded

Amsterdam, The Netherlands

Headquarters

SWOT Analysis

Strengths

  • Enhanced inventory turnover
  • Comprehensive product offering
  • Robust R&D capabilities and expertise in mapping and location-based services
  • Strong partnerships with leading automotive companies, such as Toyota and BMW
  • Global presence with operations in over 30 countries

Weaknesses

  • Declining operational efficiency
  • Intense competition from other navigation technology companies, such as Garmin and Google Maps
  • such as Garmin and Google Maps Dependence on the automotive industry for a significant portion of revenue, making the company vulnerable to fluctuations in the automotive market

Opportunities

  • Growing intelligent transport systems markets
  • High demand of fitness tracking devices in sports
  • Growing trend towards connected cars, which creates opportunities for telematics solutions and other related services
  • Expansion into emerging markets, such as Asia and Africa, where there is significant potential for growth

Threats

  • Rapid technological changes
  • Cybersecurity breaches
  • Increasing competition from non-traditional players, such as tech giants like Google and Apple
  • Regulatory changes and legal challenges related to privacy and data protection, which could impact the company's operations and reputation

Key Developments

DateApproachDevelopment
November 2021Product DevelopmentTomTom IndiGO provides a secure and open environment for carmakers, system integrators, software development companies, and content providers to develop software and apps. This platform offers carmakers the freedom of choice and ensures a delightful and safe in-vehicle experience for drivers and passengers. Access Company, Amazon Alexa, ART S.p.A., Bosch, Cerence, Cinemo, Digital Charging Solutions GmbH, Faurecia Aptoide Automotive, HARMAN, iHeartRadio, Intellias, Microsoft, and Rightware are the launching partners of TomTom IndiGO.

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About the Author

Wantstats Research Team

Wantstats' research desk profiles TomTom International BV as part of our ongoing coverage of the ICT sector, drawing on public company data, filings, and market intelligence.

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Rob Kooiker

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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

TomTom International BV

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