Teltonika

Teltonika Overview

Company Headquarters: Lithuania

Founded: 1998

Workforce: ~5,000

Company Working: Teltonika is a telecommunication-related hardware and software manufacturing company specializing in GPS tracking, fleet management, transport telematics, and integrated solutions. Since its inception, the company has developed more than 20 million IoT devices in its state-of-the-art modern manufacturing facility located in Lithuania. The company operates in 7 segment Teltonika Telematics, Teltonika Networks, Teltonika Mobility, Teltonika EMS, Teltonika High-Tech Hill, and Teltonika Energy. The company has a global operation and a vast presence in North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America region.

Strategy

Teltonika focused on research and development activities in order to increase its brand image. The company also invests in increasing its manufacturing capabilities in order to increase profitability. Additionally, the company consists of a team of professionals from diverse backgrounds enabling them to develop products according to the market demand.

Company Snapshot

5,000

Employees

1998

Founded

Lithuania

Headquarters

SWOT Analysis

Strengths

Large workforce
Global recognition
Diversified business vertical

Weaknesses

Single product offering in BLE Beacons market

Opportunities

Opportunity of developing customized product range

Threats

Fluctuation in raw material prices

Key Developments

Date	Approach	Development
October 2020	October 2020	Teltonika launched Eye Beacons and Eye Sensors, the eye beacons are designed to track the location of various items of interest, while EYE Sensor, in addition to location, also allows tracking such parameters as temperature, humidity, acceleration and changes of magnetic field strength.

Product Offering

Teltonika
- BLE Beacons Market

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