TomTom
 Logo since 2022 | |
 Head office in Amsterdam | |
| Euronext: TOM2 | |
| Industry | Consumer electronics, navigation technology |
| Founded | 1991 |
| Founder | Harold Goddijn Corinne Vigreux Peter-Frans Pauwels Pieter Geelen |
| Headquarters | De 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) |
| Products | devices, digital map, software and services |
| Revenue |  € 701 million (2019) |
| € 56 million (2018) | |
| € 45 million (2018) | |
| Total assets | € 1.5 billion (2018) |
| Total equity |  € 774 million (2018) |
Number of employees | 4,500 (end of 2019) |
| Website | www |
| 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[change | change source]
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[change | change source]
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[change | change source]
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]
References[change | change source]
- ↑ "TomTom Annual Report and Accounts 2018" (PDF). TomTom NV. 2018. Retrieved 2 August 2018.
- ↑ ""TomTom Annual Report and Accounts 2018" (PDF). TomTom NV. 2018. Retrieved 2 August 2018".
- ↑ "TomTom to acquire Datafactory". www.telecompaper.com. Retrieved 2021-04-01.
- ↑ "TomTom navigates way to a takeover of Applied Generics". www.scotsman.com. Retrieved 2021-04-01.
- ↑ "TomTom CEO has no regrets about Tele Atlas buy". Reuters. 2009-02-24. Retrieved 2021-04-01.
- ↑ "TomTom to become Apple phone default satnav program". the Guardian. 2012-06-12. Retrieved 2021-04-01.
- ↑ "TomTom and Volkswagen partner to shape the future of Highly Automated Driving (AMS:TOMTOM)". 2018-08-07. Archived from the original on 2018-08-07. Retrieved 2021-04-01.
- ↑ "TomTom signs deal to supply satnavs in Volkswagen cars". Financial Times. 12 February 2015. Retrieved 2021-04-01.
- ↑ Proper, Levien de Feijter and Ellen (2015-11-12). "Uber Strikes Digital Maps Deal With TomTom". Wall Street Journal. ISSN 0099-9660. Retrieved 2021-04-01.
- ↑ "TomTom closes deal with Huawei for use of maps and services: spokesman". Reuters. 2020-01-17. Retrieved 2021-04-01.
- ↑ 11.0 11.1 "staff (18 March 2019). "Annual report & accounts 2019". TomTom corporate. Retrieved 22 January 2021".
- ↑ "UPDATE 1-TomTom posts 41% slump in revenue but sees signs of recovery". Reuters. 2020-07-15. Retrieved 2021-04-01.
- ↑ "Bloomberg Technology - Bloomberg". Bloomberg.com. Retrieved 2021-04-01.
- ↑ "TOMTOM (TOM2.AS) company profile & facts – Yahoo Finance". uk.finance.yahoo.com. Retrieved 2021-04-01.
- ↑ "TomTom | Maps and Services Shop". Tomtom. 2021-03-22. Retrieved 2021-04-01.