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@here.com

HERE Technologies is a location data and technology company that created the first digital map over 35 years ago.

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About

Description

HERE Technologies is a leading provider of location data and services based in the United States. It offers a wide range of products and solutions for mapping, navigation, and location-based services. Established in 1985, HERE Technologies has a rich history.


It was initially known as Navteq, a Chicago-based company specializing in digital mapping data. Navteq quickly became a prominent player in the navigation industry, providing data for various navigation devices and car manufacturers. In 2008, Nokia acquired Navteq and rebranded it as Nokia Location & Commerce.


Subsequently, the company underwent another rebranding in 2012 and became HERE, an independent company. HERE Technologies is headquartered in Chicago, Illinois. The company's headquarters houses its executive leadership, research and development teams, and various operational functions.


The location is strategically chosen due to its proximity to major transportation hubs and access to a talented pool of professionals in the technology sector. HERE Technologies offers a range of products and services that cater to businesses, developers, and consumers. These include mapping data, real-time traffic information, location-based analytics, fleet management solutions, and autonomous driving technology.


The company's products and services are utilized across industries such as transportation, logistics, urban planning, automotive, and more. On a global scale, HERE Technologies operates in over 30 countries. The company has a significant presence in Europe, North America, and Asia.


It has established partnerships and collaborations with numerous organizations, including car manufacturers, technology companies, and governments. Noteworthy partnerships include working with companies like Amazon, Microsoft, and NVIDIA to develop mapping and location-based solutions. In terms of market position, HERE Technologies stands as a major player in the location services industry.


It competes with companies like Google Maps and TomTom. With a strong focus on location data and services, the company holds a substantial market share globally. As for recent events or achievements, in early 2020, HERE Technologies announced a partnership with Mitsubishi Corporation to develop next-generation mapping technology for autonomous vehicles.


This collaboration emphasizes the company's dedication to providing cutting-edge location-based solutions for the future of transportation. In its current status, HERE Technologies continues to innovate and expand its offerings. The company actively invests in research and development to maintain its position as a leader in the industry.


It remains committed to enhancing its products, fostering partnerships, and delivering the best location-based solutions to its customers worldwide

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Company Type

Privately Held

Company Size

5001-10,000

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