Competing in the Navigation Landscape with State-of-the-art Technology
By Telecom Tech Outlook | Thursday, March 28, 2019
As businesses have evolved, the telematics industry has become rich and widespread and numerous companies have apprehended the need to provide customers with vehicle location data when they buy a product or a service. TomTom, a leading map and location technology leader, is one such eminent example. The company offers a software development kit that is a rich telematics platform that enables telematics service providers and customers to access reliable and quality data sets. TomTom Maps has been committed to using localization data to enable companies across the world for the creation of innovative location-aware technologies, from cloud to mobility, analytics, and smart cities.
WEBFLEET was their award-winning fleet management solution that offers real-time vehicle location information, directly contact drivers, and helps improve driving behavior, fuel savings, and connections to a whole third-party solution ecosystem. WEBFLEET facilitates car tracking. They are serving over 49,000 clients with over 861,000 vehicles for over 19 years now. TomTom's navigation company with a peripheral device that guided drivers suffered severely from the increase in smartphones.
TomTom recently announced that it has sold its telematics division to Bridgestone Europe for $1,033 billion. It provides companies with real-time fleet management and enables them to find each vehicle's location and to look at drivers’ conduct. TomTom introduced a free mobile developer map and traffic SDK. The move was calculated and targeted at Google, which recently changed how the Google Maps API is priced into a pay-as-you-go plan. Google now also needs a credit card and account billing to access its API.
With increasingly complex compliance rules and the need to manage safety, productivity, and costs more effectively–telematics, compliance, and browsing software are not just "nice" anymore–they are now a "must" have. The ability to access tools and information that are critical to missions will transform the business process of customers. Even though these technologies are still in their early stages, experts believe that they are helping to make a big leap forward for all mapping and location technologies in the future.