Latest news with #Trimble
Yahoo
4 days ago
- Automotive
- Yahoo
Trimble, TDK's advanced navigation solution to enhance automotive positioning
Trimble and InvenSense, a TDK group company, have partnered to deliver an advanced navigation solution to provide enhanced accuracy and reliability in positioning and navigation for automotive and IoT applications. The navigation solution integrates the Trimble ProPoint Go engine and RTX correction service with TDK's SmartAutomotive inertial measurement units (IMUs) from InvenSense. The Trimble ProPoint Go positioning engine is designed to offer high-accuracy position and orientation data. It leverages quad-frequency GNSS signal support and is the first to market with Automotive Safety Integrity Level-C (ASIL-C) certified correction data. This development is set to improve the capabilities of automated driving and IoT applications, such as field robotics, with a strong emphasis on safety. Trimble advanced positioning vice president Olivier Casabianca said: "Together with TDK we are bringing the power of high-accuracy and precise positioning along with state-of-the art ASIL-certified sensors to help our customers build innovative solutions for automotive and IoT markets. "As we continue to expand our positioning services with TDK and other tier one companies, we are powering the connected world while ensuring the safety and accuracy of connected systems." TDK's IMUs, which combine a triaxal accelerometer and a triaxal gyroscope within a compact module, can identify linear acceleration and angular velocity with a high degree of precision. TDK's six-axis and MEMS fabrication platform allows these inertial sensors to offer high performance in a small size with low power consumption, broadening the scope for application in various fields. The collaboration between Trimble's positioning engine and RTX correction with TDK's modules is poised to deliver significant benefits. These include superior positioning accuracy in diverse conditions, reliable orientation and navigation data critical for autonomous vehicles, drones, and industrial machinery, and versatility across a multitude of applications such as ADAS, C-V2X, field robotics, and UAVs. The advanced navigation solution comprising Trimble's ProPoint Go engine and RTX correction service, along with TDK's IMUs module, is currently available for testing through the Trimble Evaluation Kit. TDK automotive motion vice president and general manager Stefano Zanella said: "Inertial and positioning data have become critical in enabling automation, improving efficiency and monitoring conditions. "Building on almost a decade of collaboration with Trimble, we are delighted to take our efforts to the next level: by offering an integrated solution, we empower customers to accelerate deployment, streamline integration and maximize the value of this transformative technology." Earlier this year, Trimble expanded its collaboration with Qualcomm Technologies to offer precise positioning solutions for automated vehicles, ranging from passenger cars to heavy trucks. "Trimble, TDK's advanced navigation solution to enhance automotive positioning" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
5 days ago
- Automotive
- Yahoo
Trimble and TDK Join Forces to Accelerate Precision Navigation
New solution delivers high-level accuracy for automotive and IoT applications including autonomous vehicles, drones, and industrial machinery WESTMINSTER, Colo. and SAN JOSE, Calif., June 24, 2025 /PRNewswire/ -- Trimble® and InvenSense, a TDK group company, today announced they will work together to deliver an advanced navigation solution that combines the Trimble ProPoint® Go engine and Trimble RTX® correction service with TDK's SmartAutomotive™ Inertial Measurement Units (IMUs) module from InvenSense. Customers can now take advantage of greater accuracy and reliability in positioning and navigation across various automotive and IoT applications. The Trimble ProPoint Go positioning engine is designed to deliver high-accuracy position and orientation data by utilizing internationally accessible Trimble correction services. With quad-frequency GNSS signal support and Trimble ProPoint Go's first-in-market Automotive Safety Integrity Level-C (ASIL-C) certified correction data, this positioning ecosystem helps companies enhance their automated driving capabilities with a focus on safety. It also helps drive accuracy for IoT applications such as field robotics. TDK IMUs integrate a triaxal accelerometer and a triaxal gyroscope in a compact six-axis motion sensor to detect the linear acceleration and angular velocity of vehicles and objects with superior level of accuracy. With its proprietary six-axis and MEMS fabrication platform, TDK inertial sensors enhance applications possibilities thanks to their high-performance, small-size and low-power features. "Together with TDK we are bringing the power of high-accuracy and precise positioning along with state-of-the art ASIL-certified sensors to help our customers build innovative solutions for automotive and IoT markets," said Olivier Casabianca, vice president, advanced positioning at Trimble. "As we continue to expand our positioning services with TDK and other tier one companies, we are powering the connected world while ensuring the safety and accuracy of connected systems." Positioning Solutions Built for the Connected WorldKey benefits of the ProPoint Go positioning engine and RTX correction with TDK's modules include: Accuracy: The synergy between the two solutions delivers superior positioning accuracy under all conditions: open sky, urban canyons and indoor, even in harsh environments and among wide temperature variations. Reliability: Customers can rely on consistent and dependable orientation and navigation data, crucial for applications such as autonomous vehicles, drones, and industrial machinery. Versatility: The integrated solution is adaptable to a wide range of applications, such as automotive positioning, advanced driver-assistance systems (ADAS), cellular vehicle-to-everything (C-V2X), field robotics and unmanned aerial vehicles (UAVs). "Inertial and positioning data have become critical in enabling automation, improving efficiency and monitoring conditions," said Stefano Zanella, automotive motion VP and general manager, TDK. "Building on almost a decade of collaboration with Trimble, we are delighted to take our efforts to the next level: by offering an integrated solution, we empower customers to accelerate deployment, streamline integration and maximize the value of this transformative technology." The TDK automotive safety IMU components, developed as SEooC according to ISO 26262, are suitable for applications with requirements up to ASIL-D. In addition to its six-axis solution, TDK provides quality-managed solutions that also include a three-axis magnetometer in a nine-axis solution. AvailabilityTrimble's ProPoint Go engine and RTX correction service and TDK's IMUs module are available for testing with the Trimble Evaluation Kit. To learn more, visit: To learn more about Trimble's precise positioning technology for automotive and IoT applications, visit To learn more about the TDK 6-axis IMUs for automotive applications, visit automotive. For 9-axis, visit and for industrial applications, visit About TDK CorporationTDK Corporation is a world leader in electronic solutions for the smart society based in Tokyo, Japan. Built on a foundation of material sciences mastery, TDK welcomes societal transformation by resolutely remaining at the forefront of technological evolution. It was established in 1935 to commercialize ferrite, a key material in electronic and magnetic products. TDK's comprehensive, innovation-driven portfolio features passive components such as ceramic, aluminum electrolytic and film capacitors, as well as magnetics, high-frequency, and piezo and protection devices. The product spectrum also includes sensors and sensor systems such as temperature and pressure, magnetic, and MEMS sensors. In addition, TDK provides power supplies and energy devices, magnetic heads, software and more. These products are marketed under the product brands TDK, EPCOS, InvenSense, Micronas, Tronics, and TDK-Lambda. TDK focuses on demanding markets in automotive, industrial and consumer electronics, and information and communication technology. The company has a network of design and manufacturing locations and sales offices in Asia, Europe, and in North and South America. In fiscal 2025, TDK posted total sales of USD 14.4 billion and employed about 105,000 people worldwide. About TrimbleTrimble is a global technology company that connects the physical and digital worlds, transforming the ways work gets done. With relentless innovation in precise positioning, modeling and data analytics, Trimble enables essential industries including construction, geospatial and transportation. Whether it's helping customers build and maintain infrastructure, design and construct buildings, optimize global supply chains or map the world, Trimble is at the forefront, driving productivity and progress. For more information about Trimble, visit: GTRMB View original content to download multimedia: SOURCE Trimble Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Automotive
- Yahoo
Trimble and TDK Join Forces to Accelerate Precision Navigation
New solution delivers high-level accuracy for automotive and IoT applications including autonomous vehicles, drones, and industrial machinery WESTMINSTER, Colo. and SAN JOSE, Calif., June 24, 2025 /PRNewswire/ -- Trimble® and InvenSense, a TDK group company, today announced they will work together to deliver an advanced navigation solution that combines the Trimble ProPoint® Go engine and Trimble RTX® correction service with TDK's SmartAutomotive™ Inertial Measurement Units (IMUs) module from InvenSense. Customers can now take advantage of greater accuracy and reliability in positioning and navigation across various automotive and IoT applications. The Trimble ProPoint Go positioning engine is designed to deliver high-accuracy position and orientation data by utilizing internationally accessible Trimble correction services. With quad-frequency GNSS signal support and Trimble ProPoint Go's first-in-market Automotive Safety Integrity Level-C (ASIL-C) certified correction data, this positioning ecosystem helps companies enhance their automated driving capabilities with a focus on safety. It also helps drive accuracy for IoT applications such as field robotics. TDK IMUs integrate a triaxal accelerometer and a triaxal gyroscope in a compact six-axis motion sensor to detect the linear acceleration and angular velocity of vehicles and objects with superior level of accuracy. With its proprietary six-axis and MEMS fabrication platform, TDK inertial sensors enhance applications possibilities thanks to their high-performance, small-size and low-power features. "Together with TDK we are bringing the power of high-accuracy and precise positioning along with state-of-the art ASIL-certified sensors to help our customers build innovative solutions for automotive and IoT markets," said Olivier Casabianca, vice president, advanced positioning at Trimble. "As we continue to expand our positioning services with TDK and other tier one companies, we are powering the connected world while ensuring the safety and accuracy of connected systems." Positioning Solutions Built for the Connected WorldKey benefits of the ProPoint Go positioning engine and RTX correction with TDK's modules include: Accuracy: The synergy between the two solutions delivers superior positioning accuracy under all conditions: open sky, urban canyons and indoor, even in harsh environments and among wide temperature variations. Reliability: Customers can rely on consistent and dependable orientation and navigation data, crucial for applications such as autonomous vehicles, drones, and industrial machinery. Versatility: The integrated solution is adaptable to a wide range of applications, such as automotive positioning, advanced driver-assistance systems (ADAS), cellular vehicle-to-everything (C-V2X), field robotics and unmanned aerial vehicles (UAVs). "Inertial and positioning data have become critical in enabling automation, improving efficiency and monitoring conditions," said Stefano Zanella, automotive motion VP and general manager, TDK. "Building on almost a decade of collaboration with Trimble, we are delighted to take our efforts to the next level: by offering an integrated solution, we empower customers to accelerate deployment, streamline integration and maximize the value of this transformative technology." The TDK automotive safety IMU components, developed as SEooC according to ISO 26262, are suitable for applications with requirements up to ASIL-D. In addition to its six-axis solution, TDK provides quality-managed solutions that also include a three-axis magnetometer in a nine-axis solution. AvailabilityTrimble's ProPoint Go engine and RTX correction service and TDK's IMUs module are available for testing with the Trimble Evaluation Kit. To learn more, visit: To learn more about Trimble's precise positioning technology for automotive and IoT applications, visit To learn more about the TDK 6-axis IMUs for automotive applications, visit automotive. For 9-axis, visit and for industrial applications, visit About TDK CorporationTDK Corporation is a world leader in electronic solutions for the smart society based in Tokyo, Japan. Built on a foundation of material sciences mastery, TDK welcomes societal transformation by resolutely remaining at the forefront of technological evolution. It was established in 1935 to commercialize ferrite, a key material in electronic and magnetic products. TDK's comprehensive, innovation-driven portfolio features passive components such as ceramic, aluminum electrolytic and film capacitors, as well as magnetics, high-frequency, and piezo and protection devices. The product spectrum also includes sensors and sensor systems such as temperature and pressure, magnetic, and MEMS sensors. In addition, TDK provides power supplies and energy devices, magnetic heads, software and more. These products are marketed under the product brands TDK, EPCOS, InvenSense, Micronas, Tronics, and TDK-Lambda. TDK focuses on demanding markets in automotive, industrial and consumer electronics, and information and communication technology. The company has a network of design and manufacturing locations and sales offices in Asia, Europe, and in North and South America. In fiscal 2025, TDK posted total sales of USD 14.4 billion and employed about 105,000 people worldwide. About TrimbleTrimble is a global technology company that connects the physical and digital worlds, transforming the ways work gets done. With relentless innovation in precise positioning, modeling and data analytics, Trimble enables essential industries including construction, geospatial and transportation. Whether it's helping customers build and maintain infrastructure, design and construct buildings, optimize global supply chains or map the world, Trimble is at the forefront, driving productivity and progress. For more information about Trimble, visit: GTRMB View original content to download multimedia: SOURCE Trimble
Yahoo
11-06-2025
- Business
- Yahoo
TRMB Q1 Earnings Call: Subscription Growth, AI Initiatives, and Cautious Guidance Amid Uncertainty
Geospatial technology provider Trimble (NASDAQ:TRMB) reported Q1 CY2025 results topping the market's revenue expectations , but sales fell by 11.8% year on year to $840.6 million. The company expects next quarter's revenue to be around $830 million, close to analysts' estimates. Its non-GAAP profit of $0.61 per share was 4.4% above analysts' consensus estimates. Is now the time to buy TRMB? Find out in our full research report (it's free). Revenue: $840.6 million vs analyst estimates of $809.8 million (11.8% year-on-year decline, 3.8% beat) Adjusted EPS: $0.61 vs analyst estimates of $0.58 (4.4% beat) The company reconfirmed its revenue guidance for the full year of $3.42 billion at the midpoint Management reiterated its full-year Adjusted EPS guidance of $2.87 at the midpoint Operating Margin: 11.6%, in line with the same quarter last year Organic Revenue rose 2% year on year (0% in the same quarter last year) Market Capitalization: $17.37 billion Trimble's first quarter was shaped by continued business model transformation and progress in recurring revenue streams. CEO Rob Painter focused on the company's simplification strategy and recent divestitures, highlighting the sale of its Transportation Mobility business to Platform Science as a step toward concentrating on core markets. Painter emphasized that Trimble is now 'three quarter software, two-thirds ARR asset-light,' reflecting a shift to a more predictable revenue base. Across its core segments, management pointed to strong organic growth in annual recurring revenue, particularly from subscription services in construction and field systems. Painter noted that the company's performance was driven by 'clarity, durability, and momentum' as Trimble continued to grow its base of new customers and expand adoption of subscription offerings. Looking forward, Trimble's outlook is defined by macroeconomic caution and ongoing investment in AI and cross-selling initiatives. Management reiterated full-year revenue and adjusted EPS targets, but signaled a conservative approach due to tariff uncertainty and elongated sales cycles among enterprise customers. Painter stated, 'Despite the strong start to the year and our current momentum, we are maintaining our guidance for the year as we feel the prudent move is to inject a degree of conservatism into our outlook.' The company expects continued progress on integrating AI into both internal processes and customer-facing solutions, with an emphasis on expanding addressable markets through subscription models and cross-segment product bundles. Management believes these efforts can offset potential headwinds from market uncertainty and support long-term growth. Trimble's management identified subscription growth, cross-segment integration, and market-specific trends as the primary forces shaping first quarter performance and ongoing strategy. Subscription adoption accelerates: The company's shift toward subscription-based offerings in field systems and construction led to record annual recurring revenue, with 25% ARR growth in field systems and 19% in its AECO (Architecture, Engineering, Construction, and Owner) segment. Management highlighted that over half of new machine control-as-a-service customers were new logos, demonstrating expansion into underserved markets. AI incorporated into operations and offerings: Trimble is embedding artificial intelligence across its operations and product portfolio, using AI for tasks like sales coaching, customer support, and design automation. Painter described a company-wide focus on operational OKRs (Objectives and Key Results) tied to AI outcomes, and noted that new AI capabilities are now present in customer-facing solutions such as 3D feature extraction and automated invoicing. Cross-segment product bundling gains traction: The Trimble Construction One (TC1) commercial framework saw over two-thirds of ACV (Annual Contract Value) bookings come from bundled sales, boosting cross-selling opportunities. Management emphasized that TC1 is central to unlocking a $1.4 billion cross-sell opportunity identified at its recent investor day. Resilience amid mixed end-market trends: While Trimble experienced longer sales cycles in the public sector and among large enterprise clients, it saw strength in small and mid-sized construction firms, renewables, data centers, and European infrastructure markets. The German government's infrastructure spending was cited as a recent positive development, supporting momentum in that region. Tariff impact managed through surcharges: Tariffs added roughly $10 million to quarterly costs, primarily in the field systems segment. CFO Phil Sawarynski explained that these costs were addressed via a 4% North American surcharge, limiting the effect on profitability and allowing the company to maintain operating margins. Trimble's forward guidance is shaped by macroeconomic uncertainty, continued investment in AI, and the expansion of its subscription and bundled offerings. AI-driven productivity and customer solutions: Management expects further adoption of AI tools to drive internal efficiencies and add differentiated features for customers, such as automated design and workflow optimization. Painter believes AI will position Trimble to address broader ecosystem and workflow challenges across its served industries. Expansion of subscription and cross-sell models: The company plans to keep growing its recurring revenue base by converting more hardware customers to subscription services and deepening cross-segment product integration through frameworks like TC1. Management views this as a key strategy to increase customer lifetime value and stabilize revenue during periods of market volatility. Exposure to external risks: Management acknowledged risks stemming from tariffs, elongated sales cycles among large enterprise and public sector clients, and general macroeconomic uncertainty. While these factors led to a conservative approach to full-year guidance, management stated that ongoing strength with small-to-midsize customers and in select international markets could partially offset these headwinds. In the coming quarters, StockStory analysts will focus on (1) Trimble's ability to sustain ARR growth in field systems and AECO through cross-selling and new customer adoption, (2) the rollout and commercial traction of new AI-powered features across product lines, and (3) the company's margin management as tariff surcharges and external cost pressures persist. Progress integrating and bundling products through the TC1 framework will also be a key area to watch. Trimble currently trades at a forward P/E ratio of 24.3×. Should you double down or take your chips? The answer lies in our full research report (it's free). Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
25-05-2025
- Business
- Yahoo
The Best Industrial Technology Stock to Invest $10,000 in Right Now
This company's margins and recurring revenue are on an upward trajectory. AI growth and the increasing adoption of digitally connected technology will drive its higher-margin recurring revenue. The company does a great job of upselling and cross-selling solutions to its existing and new customers. 10 stocks we like better than Trimble › Workflow technology company Trimble (NASDAQ: TRMB) has several exciting growth drivers that can send its stock price higher in the coming years. Furthermore, they are already in place, and investors can see the evidence of their progression in the numbers. This isn't a speculative growth stock; it's a growth stock with established technology in the early innings of adoption. The average U.S. 40-year-old investor has over $150,000 in an equity portfolio. While there's no definitive agreement on the number of stocks you need to diversify a portfolio, around 15 stocks are often seen as typical of a more enterprising, risk-seeking investor. In contrast, a portfolio of 30 or above represents a more conservative investor looking to diversify. As such, investing $10,000 in Trimble will suit a more enterprising investor, but if you are a more conservative investor, $5,000 might suit you better. Alternatively, adjust the position size as appropriate to your portfolio size. Trimble's origins lie in its hardware solutions, which provide precise positioning using global navigation satellite systems. As such, it's a well-known name in architecture and construction, what management calls "field systems" (civil engineering, geospatial, and other advanced positioning), and transportation and logistics. However, its present and future lie in the growth of its software solutions, which use the data created by its hardware for modeling and data analytics purposes on an ongoing and connected basis. Consequently, Trimble's solutions are becoming an increasingly important part of its customers' daily workflows. Major hardware manufacturers across its target markets appreciate Trimble's capacity to generate value, as evidenced by its existing partnerships with Caterpillar, Liebherr, and Deere. Trimble also competes with Deere via its 15% stake in a joint venture with AGCO in the precision agriculture sector. The shift toward recurring revenue from software lies at the heart of five key growth drivers for the company: The change in revenue mix to software subscriptions from hardware and perpetual software implies improving profit margins, as (based on 2024 full-year numbers) the former has a near 84% gross margin compared to almost 46.5% for the latter. The shift to recurring revenue, measured by annualized recurring revenue (ARR), helps de-risk future revenue, improves financial modeling and the predictability of cash flows, and makes customers more "sticky," particularly if the software/services relate to daily workflows. Increasing recurring revenue also creates a significant cross-selling and upselling opportunity for Trimble as it introduces new solutions to new customers. The growth of artificial intelligence (AI) applications and the adoption of advanced analytics add more value to Trimble's solutions. Ultimately, the increase in ARR will improve free cash flow (FCF) as billing is automated, and the predictability of cash flows means Trimble doesn't have to keep cash on hand for contingency purposes. I will run through the bullet points in turn. The relative increase in subscription and recurring services has resulted in an upward drift in its overall gross profit margin. CEO Rob Painter revealed that net retention for Trimble's core architects, engineers, construction, and owners (AECO) segment remained at approximately 110% over a trailing 12-month basis, showcasing increased customer loyalty and upselling/cross-selling potential. A 100% retention ratio implies that a company's existing customers continue to spend the same amount in aggregate as in the previous period. However, a rate of 110% implies that Trimble is getting 10% more out of those existing customers compared to the last period -- a demonstration of its ability to increase ARR by cross-selling and upselling solutions to a loyal customer base. As for AI, Trimble is already selling AI-powered solutions to customers. While it's too early to see it demonstrably in the numbers, it's hard not to think that AI will add value to the solutions of a company whose key growth driver is data analytics, connecting the physical world to the digital world in real time. The improvement in FCF coming from mid-teens growth in ARR (management expects adjusted organic ARR growth of 13% to 15% in 2025) is implied in management's guidance and the Wall Street consensus. After adjusting for $253 million in cash taxes relating to the AGCO joint venture and $35 million in mergers and acquisitions costs, and adding it back to the Wall Street consensus for FCF in 2025 of $395 million, Trimble's underlying FCF in 2025 would be $683 million. The Wall Street consensus of $791 million and $906 million in 2026 and 2027 implies a growth rate in the mid-teens, making the stock look like an excellent value. It trades at less than 22 times expected FCF in 2026 and has many long-term earnings drivers, as outlined above. Whether you invest $10,000, $5,000, or just $1,000, the company's mid-teens FCF growth rate and long path of growth ahead make it an excellent stock for long-term investors looking for a growth stock to add to their diversified portfolio. Before you buy stock in Trimble, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Trimble wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $639,271!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $804,688!* Now, it's worth noting Stock Advisor's total average return is 957% — a market-crushing outperformance compared to 167% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Lee Samaha has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Deere & Company. The Motley Fool recommends Trimble. The Motley Fool has a disclosure policy. The Best Industrial Technology Stock to Invest $10,000 in Right Now was originally published by The Motley Fool Sign in to access your portfolio
