TomTom Signs Strategic Partnership with LOCUS for Smart Cities
TomTom has announced a partnership with LOCUS, a company specializing in mobility analytics and geographic intelligence. The agreement involves integrating TomTom's high-precision traffic data into LOCUS's platform for both public and private sectors in North America.
TomTom and LOCUS have entered into a partnership to incorporate TomTom Traffic into the LOCUS platform. This integration merges TomTom's advanced traffic data with LOCUS's analytical and modeling suite. The agreement benefits clients in the public and private sectors in North America, including transportation authorities, urban planners, investors, and operators. The integrated platform encompasses various areas: real estate and infrastructure, transport modeling and traffic operations, as well as parking management and event locations.
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The partnership aims to provide granular insights and real-time data to optimize resources and support the creation of smart cities, optimized mobility networks, digital twins, and more resilient communities. The integration facilitates faster and more proactive decision-making aimed at enhancing quality of life, reducing unnecessary expenditures, and lowering emissions.
Expert Commentary from Industry Leaders
Moby Khan, Head of Product and Partnerships at LOCUS, stated: 'Partnering with TomTom allows us to enhance the precision, scale, and impact of our rapidly growing AI-forward location intelligence solutions. TomTom's high-quality traffic data is an essential input for our platform as we help communities and agencies across North America plan for the future of cities.' Mike Schoofs, Managing Director of Commercial at TomTom, added: 'We're proud to work with LOCUS, whose deep expertise in traffic and mobility analytics aligns perfectly with our goal of empowering more data-driven mobility decisions. Together, we're helping both public and private sector agencies gain powerful, real-time insights that improve the way people move.'
SectorLogiciels et services numériques›Logiciels d'entreprise
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Context
Period
Period: T3 2026
Key reported figures
Revenue: 129 millions d'euros
Quarterly revenue: 129 millions d'euros
-239 millions d'euros
Guidance from the release
Updating 2026 full-year guidance by narrowing the revenue range and increasing our operating margin outlook
Risks mentioned
Approximately 200 roles impacted by organizational changes
Automotive operational revenue decreased by 19%
Group revenue decreased by 6% year-over-year
Opportunities identified
Significant growth opportunities in automated driving and location intelligence driven by AI
Expanded collaboration with Microsoft for location intelligence integration
Location Technology revenue growth expected for 2027
Outlook / guidance
Management commentary: We are updating our 2026 full-year guidance by narrowing the revenue range and increasing our operating margin outlook. The 4% operating margin guidance reflects our stronger performance year to date, as well as lower expected salary costs in Q4.
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
