Tomtom International Bv Strategic Direction
By: Victor • Essay • 549 Words • April 11, 2010 • 1,271 Views
Tomtom International Bv Strategic Direction
TOMTOM INTERNATIONAL BV
STRATEGIC DIRECTION
• The company intends to continue its activities in Germany in the area of navigation systems where it has
realised a huge market potential.
• TomTom sees its future in continued product innovation, as it is anticipating the growing mass acceptance
of personal navigation solutions.
• By the end of 2006, new versions of the TomTom GO and TomTom Rider, the counterpart for the
motorcycle are planned to be launched.
• TomTom is poised to extend its leading role in the German navigation market by improving on its core
products through its innovation strategy and increased marketing efforts.
KEY FACTS
Summary 1 TomTom International BV: Key Facts
Full name of company: TomTom International BV
Address: Rembrandtplein 35, 1017 CT, Amsterdam, The
Netherlands
Tel: +31 (0) 20 850 0800
www: www.tomtom.com
Activities: Manufacturers of in-car navigation systems
Source: Euromonitor International from company reports, Trade press
Summary 2 TomTom International BV: Operational Indicators
2003 2004 2005
Net sales (EUR �000) 39,129 192,429 720,031
Net profit (EUR �000) 6,181 27,717 142,957
Number of employees 75 150 316
Source: Trade press, Company research
COMPANY BACKGROUND
• In 1991 the company started life as Palmtop to develop applications for the first generation of handheld
computers. The handheld market expanded quickly, especially after the launch of the Palm Pilot in 1996,
and the appearance of the first Microsoft-based devices. Palmtop designed applications for all of those.
• In 2001, the company was relaunched as TomTom in order to focus on in-car navigation appliances. The
company dates its main success back to March 2004, when it introduced its first fully integrated, purpose
made ready to play navigation device, the TomTom GO.
• TomTom is the leading provider of personal navigation products and services in Germany. Products include
portable all-in-one navigation devices, which enable customers to use products right out of the box, and
software solutions for use on PDAs and smartphones, to enable navigation on these devices.
• The company also supplies location-based information such as weather and traffic data and points of
interest for these devices.
TomTom International BV - Consumer