Trimble Inc.

Company Overview

Trimble Navigation Ltd., commonly known as Trimble Inc. since a name change in 2016, is a multinational company that provides technology solutions for various industries. Founded in 1978 and headquartered in Sunnyvale, California, Trimble has a strong presence in various sectors, including construction, agriculture, geospatial, transportation, and more.

Trimble offers a comprehensive suite of solutions for the construction industry, including construction project management software, machine control systems for heavy equipment, building information modeling (BIM) tools, and surveying equipment. Trimble is a leader in precision agriculture technology. It provides GPS guidance and steering systems, variable rate technology, farm management software, and other solutions that help farmers optimize their operations, increase yields, and reduce input costs. Trimble’s geospatial solutions cover various applications, including mapping, surveying, GIS, and land administration. It offers high-precision GNSS receivers, geospatial software and rugged field devices for professionals in these fields. Trimble’s transportation division focuses on telematics and fleet management solutions for trucking and logistics companies. It provides tools for route optimization, asset tracking and improving fuel efficiency.

Trimble is renowned for its GNSS technology, which provides high-precision positioning and navigation capabilities. This technology is crucial in various industries for accurate location-based applications. Trimble develops various software applications and platforms tailored to its core industries. These software solutions enable professionals to streamline workflows, enhance productivity and make data-driven decisions. Trimble produces a variety of hardware devices, including GNSS receivers, laser rangefinders, rugged tablets, and machine control systems. These devices are designed to work seamlessly with Trimble’s software solutions.

Trimble has pioneered the adoption of Building Information Modeling (BIM) in the construction industry. Its solutions enable better collaboration, data sharing, and project management for construction projects. In agriculture, Trimble’s precision farming technology plays a significant role in modernizing farming practices and improving resource efficiency. The company invests in research and development to advance autonomous and semi-autonomous technology, particularly in vehicles and heavy equipment. Trimble operates worldwide, with a global network of offices, dealers and partners. It serves customers in many countries and regions, providing localized support and services. Trimble has tried to incorporate sustainability practices into its operations and solutions, particularly in agriculture and construction industries, where efficiency improvements can lead to reduced environmental impact.

Financial Highlights (FY 2024)

Company's Business Segments

• Architects, Engineers, Construction and Owners (“AECO”), : This segment primarily serves customers working in architecture, engineering, construction, design, asset management, operations, and maintenance.
• Field Systems : This segment provides products and services to private, commercial, and government customers.
• Transportation and Logistics (“T&L”) : This segment provides a suite of solutions for shippers, carriers, and intermediaries globally.