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.
