TomTom N.V. Overview
Company Headquarters: Netherlands
Founded: 1991
Workforce: ~5,144
Company Working: TomTom N.V. manufactures and sells location-based and navigation products and services globally. The company operates through automotive, enterprise, and consumer segments. The automotive segment also sells location-based application components to the automotive customers, including OEMs and tier one vendors. The Enterprise segment serves the non-automotive customers. Additionally, the company also sells smart consumer electronics devices, such as portable navigation devices and sports watches. In addition, the company also provides portfolio of cloud-based services, including parking, fuel price information, electric vehicle stations, and traffic information, speed cameras, and other. TomTom N.V. has various collaboration agreements with Delphi Technologies, DENSO, Baidu, Elektrobit, Zenuity and Qualcomm.
Strategy
The company primarily focuses on growing its enterprise and automotive business by investing in research and development for innovation. The company also aims on strategic collaboration to strengthen its market position, increase product portfolio and expands sales in the untapped market.
