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Trimble Inc.

Company Profile Analysis

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Trimble Inc. - ICT showcase

Year Founded & Workforce

1978

9,523 Employees

Industry

ICT

Services

SoftwareElectrical Computer-Aided Design
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Trimble Inc. Employee Contacts

250 verified contactsNames, job titles, seniority and locations

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Trimble Inc. Overview

1.1.1 Company Overview

Company Headquarter: U.S.

Founded: 1978

Workforce: 9,523

Company Working: Trimble, Inc. engages in the provision of providing positioning, wireless, and software technology solutions. The company operates through various segments such as Geospatial, Resources & Utilities, Buildings & Infrastructure, and Transportation. The company focuses on R&D in order to introduce new products and make improvements in existing products. Due to the strong focus on R&D, the company has been able to launch and commercialize a number of new products in the recent past. In addition, the company's strong R&D has enabled it to add a number of important patents. At the end of FY2016, the company had approximately 1,200 unique issued and enforceable patents, the majority of which cover GNSS based technologies and other applications such as optical and laser technology. In April 2018, Trimble acquired Viewpoint a provider of innovative construction-specific software solutions.

Strategy

Trimble Inc. is focused on combining technologies with wireless communications and application software to provide commercial solutions for increasing productivity and improving safety. The company is also focused on providing integrated solutions to allow customers to collect, analyse, and manage complex information quickly and easily. Additionally, the company invests in research and development to increase its product portfolio.

Company Snapshot

$3,150M

Revenue

9,523

Employees

1978

Founded

SWOT Analysis

Strengths

  • Robust Research and Development
  • Strong Operational Performance
  • Strong operational performance
  • Wide product portfolio
  • Wide product range
  • Reliable suppliers
  • Strong dealer community

Weaknesses

  • Limited Liquidity Position
  • Low liquidity position
  • High attrition rate in workforce

Opportunities

  • Strategic Partnership
  • New Product Launches
  • Development of AR and VR technology
  • Expansion in newer markets
  • Newer customers in online channel

Threats

  • Intense Competition
  • Foreign Exchange Rate
  • Intense competition
  • Geopolitical uncertaintyGeopolitical uncertainty
  • Strong global competition

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Key Developments

DateApproachDevelopment
September 2022AcquisitionTrimble acquired Bilberry, a French technology company specializing in selective spraying systems for sustainable farming.

Product Offering

  • Trimble Inc.
    • Software
    • Electrical Computer-Aided Design

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Global Sales rose from USD 3.2 Bn in 2020 to USD 3.7 Bn in 2022.
Trimble Inc. — By Business Segment
Series (USD Bn)202020212022
Global Sales3.23.73.7

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