28 February 2006| Source: Frost & Sullivan
LONDON, February 28 /PRNewswire/ -- The 2006 Frost & Sullivan Automotive Telematics & Infotainment
Product of the Year Award is presented to TomTom NV for its TomTom GO range
of products. This range has revolutionised the automotive sector,
particularly the aftermarket, while firmly establishing TomTom as the
undisputed market leader among competing portable navigation systems.
Initially, despite the increased need for navigation, the
prohibitively high cost of embedded systems dampened penetration rates. The
introduction of the TomTom GO in 2004, however, fundamentally transformed the
European in-car infotainment systems aftermarket into a billion-euro
industry.
Priced at one-third of the cost of embedded systems, the
integrated transferable TomTom GO navigation range experienced rapid uptake.
Since the launch of the TomTom GO in 2004, the GO range has dominated the
market with sales of over 1.5 million units and a share of over 50% in the
European market.
The TomTom GO is an easy-to-use, integrated device that
combines the conventional features of an embedded navigation system such as
information on traffic, weather and points of interests (POI) along with the
advantage of portability from car to car. This, together with its cost
competitiveness and ease of use, has propelled TomTom to the top of the
European aftermarket whilst firmly establishing portable navigation as the
leading product segment in the aftermarket.
"TomTom's GO series perfectly blends advanced technology with
inputs from consumer insights and delivers systems that are a perfect mix of
user friendliness with technically advanced features," comments Frost &
Sullivan Research Analyst Shyamsundar Anandhan. "Its cost competitiveness
coupled with its transferable nature and unique features have made the TomTom
GO series a clear winner."
Unique features such as touch screen interface, hands-free
calling through Bluetooth, remote control operation and speed of route
re-calculation have given the TomTom GO range a competitive edge in the
portable navigation segment. Further distinguishing the range from its
competitors have been key features such as quality map data and dynamic
re-routing.
Perceptive marketing strategies have also underlined TomTom's
competitive success. Strategic collaborations with top original equipment
manufacturers (OEMs) to market the TomTom GO products have increased the
company's product visibility across all countries in the region.
At the same time, focused advertising and promotional ventures
have promoted the TomTom GO range as the optimal product for mass-market
vehicles. Despite the presence of similar systems in the aftermarket,
therefore, customers have perceived only the TomTom GO range as being ideal
for in-car navigation.
"This is a fantastic accolade for TomTom, demonstrating our
success in the automotive market. A commendation from Frost & Sullivan
endorses the continued hard work and effort of the dedicated TomTom
automotive team." said Harold Goddijn, TomTom's CEO.
TomTom recently became the first personal navigation device to be
professionally installed into a new car (at factory stage). The partnership
with Toyota marked a world first, with the TomTom GO 500 installed on the
AYGO with specific customisation for Toyota. Furthermore, Opel partnered with
TomTom to create a special edition Corsa, advertised and available in ten
European countries. In 2005, these groundbreaking deals helped to solidify
TomTom's status as a heavyweight in the automotive arena.
The availability of value-added services has further improved customer
acceptance and marketability in the aftermarket. The TomTom PLUS service
provides live traffic information, safety cameras, additional POIs and
weather updates that customers can readily download onto their systems. Such
continuous innovation, in line with customer requirements, has been TomTom's
strength and has supported the strong market performance of its TomTom GO
range.
About Frost & Sullivan
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