Earlier quoted context omitted.
If it makes you feel better, Google doesn't have a second gold vein yet, either.
Google bought their other Gold. Youtube, Android, Google Search on iOS, ChromeOS. All of it is a moat to protect the first.
TomTom to cut 10% of jobs due to improved automation
131–140 of 269 posts
Re: TomTom to cut 10% of jobs due to improved automation
#132Re: TomTom to cut 10% of jobs due to improved automation
#133I used to work for TomTom maybe 10 years ago. I was there when Google started offering turn by turn navigation for free. Other issue was live traffic information. As you might imagine all this caused some concern among employees because that was, I think, the main source of revenue for the company. They were already doing some other stuff like fitness wearables but they didn't seem to be leaning into it. Main idea fo…
Of course, politics and personal interests. But sometimes it's just better to allocate resources to something where they're better utilized.
Re: TomTom to cut 10% of jobs due to improved automation
#134Re: TomTom to cut 10% of jobs due to improved automation
#135Re: TomTom to cut 10% of jobs due to improved automation
#136Earlier quoted context omitted.
As the owner of several TomTom devices, who tried a smartphone and google maps as an alternative, my experience is that the maps are of higher quality and the navigation recommendations better. Multiple times, when in a Taxi in a foreign country, that used the usual solution of smartphone and Google maps, managed to get on time and find a tricky destination by popping up my trusted TomTom.
Navigation is all about the DATA . If it worked better (or worse) in a certain location, it is solely because they have access to quality data. Quality data costs a lot. Companies like NavTech used to literally drive cars down the road (think Google street view cards) and capturing everything (speed limit, number of lanes, boundaries, etc.) but they were bought by Nokia a long time ago. Not sure what is what these da…
Re: TomTom to cut 10% of jobs due to improved automation
#137I used to work for TomTom maybe 10 years ago. I was there when Google started offering turn by turn navigation for free. Other issue was live traffic information. As you might imagine all this caused some concern among employees because that was, I think, the main source of revenue for the company. They were already doing some other stuff like fitness wearables but they didn't seem to be leaning into it. Main idea fo…
Interesting that going deeper integrated into cars was their game plan. I've never used our in-car GPS (other than playing with it once). If it was any good it has a ton of advantages over using Google, including display on the "speedometer" screen. Sadly, it's pants. It comically announces caution stationary traffic on the M25, generally after we've been stationary for 5 minutes. The navigation directions aren't as…
Re: TomTom to cut 10% of jobs due to improved automation
#138Earlier quoted context omitted.
Google bought their other Gold. Youtube, Android, Google Search on iOS, ChromeOS. All of it is a moat to protect the first.
YouTube doesn't make a lot of money. Android might if you include the Play store.
Citation needed... Is $7B/quarter not a lot of money?
Re: TomTom to cut 10% of jobs due to improved automation
#139I used to work for TomTom maybe 10 years ago. I was there when Google started offering turn by turn navigation for free. Other issue was live traffic information. As you might imagine all this caused some concern among employees because that was, I think, the main source of revenue for the company. They were already doing some other stuff like fitness wearables but they didn't seem to be leaning into it. Main idea fo…
If it makes you feel better, Google doesn't have a second gold vein yet, either.
Re: TomTom to cut 10% of jobs due to improved automation
#140Earlier quoted context omitted.
If it makes you feel better, Google doesn't have a second gold vein yet, either.
Isn't the phrase gold mine?