NAVTEQ Corporate Overview
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Who is NAVTEQ? NAVTEQ Vision A Vision to Revolutionize Maps By revolutionizing the way people think about and interact with maps, we foresee a world in which everyone finds their way to people, places and opportunities more easily and safely than ever before 2 The Premier Provider of Digital Content NAVTEQ is the leading global provider of digital map, traffic and location data that enables navigation and location-based platforms around the world 3 Key Company Milestones 2000: Judson Green 2008:Nokia Acquires named President & CEO NAVTEQ 1988: Beginning of 1985: Company 2007: Acquired Royal Philips founded 2005: $1.2B Secondary Mapsolute and Electronics 1995: First Offering in May (100% Geofactory relationship Internet portal secondary shares) 2009: Larry customer Kaplan named President & CEO 1985 1995 2000 2005 2008: Acquired T- Systems Traffic 2002: Company becomes 1994: First EU GmbH profitable and cash flow factory-installed positive vehicle 1996: First NA factory- 2006: Acquired The navigation installed vehicle Map Network and system navigation system Traffic.com 2004: Renamed NAVTEQ Corporation, $1.0B NYSE IPO in August (100% secondary shares) 2005: Acquired PMI in Korea & MapIT in Mexico 4 Nokia Acquires NAVTEQ • Acquisition completed Summer 2008 • Purchase price approximately $8.1 billion • NAVTEQ to operate as an independent unit of Nokia About Nokia • $50.7 billion company headquartered in Espoo, Finland • 125,000 employees with sales in more than 150 countries • Largest manufacturer of mobile devices and a leader in mobile networks • Brand is highly recognized by consumers around the world – Ranked #1 in Europe by the European Brand Institute – Named #1 in Asia by Synovate – 5th-most recognized brand in world overall • Our customer since 2005 5 NAVTEQ® Maps are Everywhere NAVTEQ is the leading provider of the digital map, traffic and location data that powers many of the world’s most innovative navigation applications In-Dash Telematics Internet Portable Cell Phones Trip Planning Fleet Enterprise Government 6 Global Market Leadership . Virtually every major automobile manufacturer currently offering a navigation system in North America and Europe uses NAVTEQ® maps in one or more of their models Automotive . More than 19 million navigation systems have been enabled with NAVTEQ® maps since 1999 . NAVTEQ Maps power major internet mapping portals in North America and Europe Internet . Billions and billions of map and route planning transactions each year . The leading global wireless brand chooses NAVTEQ maps to help power their location- Wireless enabled devices . The foremost PND manufacturers in the world choose NAVTEQ, including some of the most trusted consumer brands, including Garmin, Magellan, Sony, LG, Navigon, Mobile Devices Panasonic . More than 45 million portable devices in EU and NA have been enabled with NAVTEQ maps since 2001 . Leading global supplier of digital maps to Federal Agencies, including National Geospatial-Intelligence Agency and the Department of Homeland Security Enterprise . Chosen by top fleet management companies, including Qualcomm and FedEx . Enterprise software solutions using geospatial data, including Oracle and ESRI On average, there are over 100 million uses of NAVTEQ data every day 7 Strong Customer Relationships Automotive Systems Vendors Telematics Internet & Wireless Mobile Devices Enterprise 8 NAVTEQ Today Over 4,400 employees 195 offices in over 44 countries 78 countries mapped on 6 continents 9 The NAVTEQ Difference: Its People and Technology Leveraging the right balance of people and technology allows for NAVTEQ’s competitive advantage in providing the highest quality map NAVTEQ’s ~ 1,000 Geographic Analysts: − Local knowledge; 195 offices in 44 countries − Field teams “own” their piece of the map NAVTEQ’s Global Toolkit: − A single global specification— One World, One Database − Tools and technology are mobile and scalable to adjust to unique scenarios NAVTEQ’s Continuous Innovation: − New ways to leverage existing tools − Powerful tools open the door to new content and boost collection capabilities 10 Local Knowledge: A Key Value Add This in-depth “human factor” delivers data consistent with real world conditions and results in a multi-faceted and comprehensive product . Local field teams “own” their piece of the map − Collecting and verifying up to 260 attributes − Regular updating of changing/growing areas − Identifying new unique local sources − Adapting collection methods based on local constraints − Responding to customer update requests − Defining phonetic translation localization − Adding local content coding directly into the map − Monitoring quality at every step of collection and production 11 Content that Meets Consumer Needs Each year we expand our product offerings and drive market innovation with new ideas and to deliver customer requested functionality NAVTEQ Voice Junction View Sign-As-Real POIs Curve and Slope Speed Limits Extended Lanes Building Names 3D Landmarks 3D City Models Driver Alert NAVTEQ Traffic Rich POI Extended Point NAVTEQ NAVTEQ Brand Icons Content Navigation Addressing Discover Camera Alert Cities 12 Organizational Overview NAVTEQ NAVTEQ Corporate Map Sales Departments • Making the map • Selling the map • Supporting the map – Digital Mapping Operations – EMEA: Europe, – Business Affairs – Research & Development Middle East, Africa – Corporate Marketing – Americas: U.S. – Quality Canada, Mexico, – Corporate Strategy – Product Management Latin America – Corporate Development – Distribution Services – APAC: Japan, China, India, – Finance Australia, Southeast Asia – Accounting – Segments: Automotive, – Information Services Enterprise, Government, Internet, Mobile Devices, & – Legal Wireless – Human Resources NAVTEQ Connected Services • Delivers navigation-enhancing functionality and content for web, mobile and embedded devices; offering customers white labeled or co-branded visibility to end-users. 13 The Value We Bring… • 24 years experience in field-based data collection • Only provider of a single database technical specification for use in Europe, North America and World Markets • ISO-certifications in NA and EU • Nearly 1/3 of our employees drive the roads daily • NAVTEQ® maps are in 78 countries • Nearly 200 U.S. mapping patents … and counting 14 14 15 15 16 16 17 17 ALL THE BEST !!! Distinct Map Products With Varying Levels of Detail NAVTEQ Maps Intermediate Maps Entry Maps Performance Built to NAVTEQ specification Third party sourced. Highest Third party sourced. No Level with continued focus on quality available but not navigable attributes and navigability verified to NAVTEQ limited road network specification Coverage 78 countries across six 7 countries available 150 countries across Africa, continents (Q3/09) (Q3/09) Asia, Eastern Europe, Indonesia, Latin America and Oceania Functionality No use Enables search, display and Not for navigable restrictions basic route calculation functionality Egypt Columbia 19 .