4 Easy Facts About AirLink Powers NAVTEQ Traffic Monitoring - USAT News Described

The business made $110 million on $582 million in sales in 2015 and published huge gains in both categories in the very first quarter. It reports second-quarter outcomes Tuesday.  This Is Noteworthy  on the slowing automobile market, which represented almost all its sales in 2000 and still generates about 60 percent, has actually sent its stock cost on a rough ride.

Navteq png images - PNGEgg

A pair of acquisitions for a combined $216 million in the past nine months underscore that effort:, which produces live traffic reports for cities around the country, and Map Network, manufacturer of unique maps for travel destinations, significant hotels and huge events like the Super Bowl. In a swiftly moving organization, it's unclear if that will be enough to fend off Tele Atlas and any nascent rivals.

Nokia Acquires NAVTEQ, Makes One More Step for GPS

"It's not just a concern of obtaining business like Traffic. com ... The business requires to focus more on emerging markets." To map 12 million miles and 69 countries, Navteq has used an estimated 100,000 different sources, from satellite images and aerial photography to maps released by city governments and commercial companies.

Nokia NAVTEQ buys Reach Unlimited, acquires crowdsourcing "TRAPSTER" (and  other apps) : My Nokia Blog - 200

"I would say that 80 to 85 percent of the effort that we took into making a digital map is from that extremely labor-intensive driving that we do," he stated. "We can not discover the quality, accuracy or richness of the details from all these other sources unless we go do it our way." The road teams record 225 various qualities for every link or block of road _ one-way signs, turn constraints, lane details, challenges in the road and sights that may include a hardware store, park or hotel.

How NAVTEQ Traffic Coverage - Garmin can Save You Time, Stress, and Money.

Groups ride in the specifically outfitted SUVs and depend on advanced displays displaying moving maps and icons while live video from the multi-camera system is shown on different screens. Among the current additions: six tiny high-resolution cams hidden under a glass dome on the roofing. On one recent mapping run, Joyce made sketch pen notations on the electronic clipboard while he and Mc, Neil saw both sides of the street for disparities or updates from the existing data.