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Navteq, Type, Public, MarketGPS data and services, Navigation software application, Founded1985 (Karlin & Collins, Inc.)1987 (Navigation Technologies Corporation) 2004 (NAVTEQ)Defunct2011 (2011) (Replaced by Nokia HereFate, Merged into parent Nokia to end up being Nokia HereHeadquartersChicago, 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.
0 Billion (at 2007-12-31 prior to takeover)Variety of employees5,500 (2012 )Website Coordinates: Navteq (styled as 'NAVTEQ') was an American Chicago-based service provider of geographical details system (GIS) data and a major company of base electronic navigable maps. The business was obtained by Nokia in 2007/2008, and completely combined into Nokia in 2011 to form part of the Here organization system.
Summary [modify] Navteq's underlying map database is based on first-hand observation of geographic features instead of counting on main federal government maps. It provides information used in a vast array of applications, including automobile navigation systems for many cars and truck makers, representing around 85% of market share. [] The majority of customers utilize Navteq to offer traffic reports in significant metropolitan locations throughout The United States and Canada.
Microsoft's aviation video game Flight Simulator X uses Navteq data to achieve a high level of visual realism for automatic terrain generation. XM Satellite Radio and Sirius Satellite Radio use Navteq information to show traffic info on navigation systems. Navteq data has actually also been used for GPS- and GSM-based sex wrongdoer tracking systems in North Carolina and Georgia.
Its main competitor was the Dutch business Tele, Atlas now owned by Tom, Tom. Read More Here [edit] Map mistakes are dealt with using Navteq Map Press 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 producers of devices using Navteq maps to construct in error reporting includes into their items.
Karlin, originally from South Africa, informed recruiters that he began the business after being frustrated with a paper map of the San Francisco, California area. He thought 'Would not it be great if I had somebody sitting next to me in the automobile who understood the way?' Collins created a pilot navigation system in the San Francisco location.