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Navteq, Type, Public, IndustryGPS information and services, Navigation software application, Founded1985 (Karlin & Collins, Inc.)1987 (Navigation Technologies Corporation) 2004 (NAVTEQ)Defunct2011 (2011) (Replaced by Nokia HereFate, Merged into moms and dad Nokia to end up being Nokia HereHead officeChicago, Illinois, United States, Secret people, Michael Halbherr, EVPRevenue, US$ 853 Million (at 2007-12-31 prior to takeover)US$ 226 Million (at 2007-12-31 prior to takeover)US$ 173 Million (at 2007-12-31 prior to takeover)US$ 1.
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0 Billion (at 2007-12-31 prior to takeover)Variety of employees5,500 (2012 )Site Coordinates: Navteq (styled as 'NAVTEQ') was an American Chicago-based company of geographical details system (GIS) data and a significant service provider of base electronic accessible maps. The business was obtained by Nokia in 2007/2008, and completely merged into Nokia in 2011 to form part of the Here business system.
Introduction [edit] Navteq's hidden map database is based on first-hand observation of geographical functions rather than relying on official government maps. It provides data utilized in a vast array of applications, including automobile navigation systems for lots of car makers, accounting for around 85% of market share. [] The majority of customers utilize Navteq to offer traffic reports in major city locations throughout North America.
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Microsoft's aviation game Flight Simulator X usages Navteq information to achieve a high level of visual realism for automated surface generation. XM Satellite Radio and Sirius Satellite Radio usage Navteq data to reveal traffic info on navigation systems. Navteq information has actually likewise been utilized for GPS- and GSM-based sex culprit tracking systems in North Carolina and Georgia.
Its main competitor was the Dutch business Tele, Atlas now owned by Tom, Tom. Map error managing [modify] Map errors are managed using Navteq Map Reporter, which is described as a "community-based online tool for suggesting modifications to the Navteq map". The Navteq Map Reporter's API makes it possible for makers of devices utilizing Navteq maps to build in mistake reporting includes into their items.
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Karlin, initially from South Africa, informed job interviewers that he started the business after being irritated with a paper map of the San Francisco, California area. He believed 'Wouldn't it be great if I had someone sitting next to me in the cars and truck who knew the way?' Collins created a pilot navigation system in the San Francisco location.
