TOM2 TomTom NV

Precisely and TomTom Help Companies Achieve Data Integrity Through Location Technology

Precisely and TomTom Help Companies Achieve Data Integrity Through Location Technology

AMSTERDAM and NEW YORK, Feb. 04, 2021 (GLOBE NEWSWIRE) -- TomTom (), the location technology specialist, and , the global leader in data integrity, today announced an extension of their long-standing relationship. TomTom will provide Precisely with its leading and datasets, helping Precisely customers leverage important context to make better-informed, more confident business decisions.

Precisely will use TomTom’s highly accurate map information as well as its historic and real-time traffic data – sourced from over 600 million connected devices. This map and traffic data can help financial services organizations reduce fraud, enable insurance companies to better manage location risk, and improve targeted retail marketing campaigns by providing better customer insights.

“Fresh, comprehensive maps and real-time, dynamic traffic data provide essential location context for better and more confident decisions that enable customers to deliver a safer, cleaner and congestion-free world,” said Dan Adams, SVP Data and Operations at Precisely. “TomTom’s suite of industry-leading global map and traffic datasets has the reliability, uniformity and scale needed to enrich any business’ location intelligence platform or application.”

In addition to leveraging TomTom’s data, Precisely will share market trends and location insights with TomTom providing critical information to continually strengthen TomTom’s offerings. Precisely will provide feedback on map data, such as road changes, which TomTom will process in real-time, benefiting all TomTom customers.

“Precisely and TomTom’s continuing relationship is a testament to our ability to collaborate, learn from one another, and improve,” said Anders Truelsen, Managing Director of TomTom Enterprise. “TomTom is proud to collaborate so closely with Precisely, a global leader that helps customers achieve data integrity through maximum accuracy, consistency, and context in data.”

About TomTom:

TomTom is the leading independent location technology specialist, shaping mobility with highly accurate maps, navigation software, real-time traffic information and services.

To achieve our vision of a safer world, free of congestion and emissions, we create innovative technologies that keep the world moving. By combining our extensive experience with leading business and technology partners, we power connected vehicles, smart mobility and, ultimately, autonomous driving.

Headquartered in Amsterdam with offices in 30 countries, TomTom’s technologies are trusted by hundreds of millions of people worldwide.

About Precisely:

Precisely is the global leader in data integrity, providing accuracy, consistency, and context in data for 12,000 customers in more than 100 countries, including 90 percent of the Fortune 100. Precisely’s data integration, data quality, location intelligence, and data enrichment products power better business decisions to create better outcomes. Learn more at .

For further Information:

TomTom PR:

TomTom Investor Relations:

Precisely PR:

A photo accompanying this announcement is available at



EN
04/02/2021

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on TomTom NV

TomTom N.V.: 1 director

A director at TomTom N.V. bought 16,224 shares at 5.130EUR and the significance rating of the trade was 58/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly sh...

 PRESS RELEASE

TomTom maps to support Qualcomm Aware Platform

TomTom maps to support Qualcomm Aware Platform Qualcomm to utilize TomTom’s global map data to assist in providing efficient, secure, and comprehensive asset tracking solutions worldwide.Combining Qualcomm’s broad array of connected devices and TomTom’s mapmaking expertise provides a fully integrated, flexible platform to meet various asset visibility needs and address the most challenging use cases across industries. AMSTERDAM, April 30, 2024 (GLOBE NEWSWIRE) -- TomTom () the location technology specialist today announced it has been selected by a global leader in wireless technology...

Marc Hesselink ... (+3)
  • Marc Hesselink
  • CFA
  • Thymen Rundberg

TomTom/Binary outcome/HOLD

We see a binary outcome for the TomTom investment case. The company highlights commercial traction with the new Orbis map platform but we did not see tangible proof of this yet. Given the high fixed cost base and consequently high operational leverage this commercial traction is key and is the difference between low growth or high growth and cash generation. We remain in the middle but believe that the current 2025 ambition is too demanding. We reiterate our HOLD and cut our target price to €6.0...

ING Helpdesk
  • ING Helpdesk

Benelux Morning Notes

ASML: 1Q24 Results; weak orders but case intact. CM.com: Reasonable 1Q24 trading update, positive EBITDA surprise. Just Eat Takeaway.com: 1Q24 trading update - slowly creeping back to order growth. Staffing: Dutch period 3 - March volume and revenue seeing slight recovery in the trend. TomTom: 1Q24 results - touch weaker but no major surprises

ING Helpdesk
  • ING Helpdesk

Benelux Morning Notes

ASML: Preview 1Q24 – Building momentum. Fastned: Preview 1Q24 trading update. TomTom: Preview 1Q24, limited changes vs FY23. Xior Student Housing: Final formal step for the Basecamp deal

ResearchPool Subscriptions

Get the most out of your insights

Get in touch