PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Frost & Sullivan Presents European Automotive Safety Systems Product Innovation of the Year Award to NAVTEQ - The 2009 Frost & Sullivan European Automotive Safety Systems Product Innovation of the Year Award is presented to NAVTEQ Europe B.V. (NAVTEQ) for its Map and Positioning Engine (MPE) MPE Reference Solution
Frost & Sullivan Presents European Automotive Safety Systems Product Innovation of the Year Award to NAVTEQ

 

NewswireToday - /newswire/ - London, United Kingdom, 2009/06/18 - The 2009 Frost & Sullivan European Automotive Safety Systems Product Innovation of the Year Award is presented to NAVTEQ Europe B.V. (NAVTEQ) for its Map and Positioning Engine (MPE) MPE Reference Solution.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Tracking/Navigation Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

This innovation creates a simple, efficient and highly cost-effective architecture, along with all the building blocks necessary for digital map-based informational and map-enabled Advanced Driver Assistance Systems (ADAS) and fuel economy into cars.

“With vehicle manufacturers (VMs) and EU looking to reduce fatalities on European roads, NAVTEQ’s MPE strategy offers an ideal solution at an opportune moment to help solve critical issues related to road safety and low penetration rates of safety systems through a dedicated cost-effective architecture,” notes Frost & Sullivan Research Analyst P. Aswin Kumar.

The MPE Reference Solution offers the possibility to develop applications that can help reduce road fatalities by improving existing sensor performance. Moreover, it enables enhanced safety in all vehicles, irrespective of whether the vehicle is fitted with a navigation system or not.

“Advanced Driver Assistance Systems (ADAS) have so far been considered niche products, targeted toward the luxury segment,” says P. Aswin Kumar. “This is one area where NAVTEQ’s MPE Reference Solution will prove to be critical because it is a one-of-a-kind concept that seeks to make map-enhanced ADAS possible for all vehicles and become a mass market product.”

The MPE Development Platform is available to the market as part of NAVTEQ’s MPE Reference Solution. The MPE Development Platform enables design engineers at semiconductor companies and system suppliers to rapidly develop and test a wide variety of preventive safety, fuel economy, emissions reduction and informational or warning applications. The MPE Reference Solution architecture enables map-based ADAS at a cost considerably less than when based on a full navigation system, eliminating a major barrier for VMs to offer multiple safety applications and fuel economy features at an affordable price for the first time since the introduction of ADAS.

Potential applications based on NAVTEQ’s MPE Reference Solution can be broadly classified into three categories. First, warning and informational applications that will directly make use of the information from the digital maps. Second, map-enabled ADAS and active safety applications, where map data enhances other sensor information. Third, fuel economy systems that will help VMs reduce their overall emissions and enable customers to cut costs and minimise environmental degradation.

“The NAVTEQ’s MPE strategy offers NAVTEQ a competitive advantage, essentially due to the fact that it complements the existing digital maps business,” remarks P. Aswin Kumar. “The digital maps will be a part of the navigation system in upper segment cars, whereas NAVTEQ MPE™ map is attractively positioned for taking on the high-volume, lower segment vehicles with low digital map and ADAS penetration, where lower cost and smaller file size allows for broader vehicle adoption of map-enhanced ADAS applications. Applications built on NAVTEQ’s MPE Reference Solution can exist independent of the navigation system on lower segment vehicles. “

The Frost & Sullivan Award for Product Innovation of the Year Award is presented each year to the company that has demonstrated excellence in new products and technologies within its industry. The recipient company has shown innovation by launching a broad line of emerging products and technologies.

Frost & Sullivan Best Practices Awards recognise companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.

About NAVTEQ
NAVTEQ is the leading global provider of digital map, traffic and location data that enables navigation and location-based platforms around the world. NAVTEQ supplies comprehensive digital map information to power automotive navigation systems, portable and wireless devices, Internet-based mapping applications and government and business solutions. The Chicago-based company was founded in 1985 and has approximately 4,000 employees located in 190 offices and in 39 countries.

NAVTEQ is a trademark in the U.S. and other countries. All rights reserved.

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 35 offices on six continents.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Tracking/Navigation Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
Tracking Navigation - Purchase keywords tags asset tracking, fleet management / Banner Ads!.

 
  Your Banner Ad showing on ALL
Tracking/Navigation articles,
CATCH Visitors via Your Competitors Announcements!


Frost & Sullivan Presents European Automotive Safety Systems Product Innovation of the Year Award to NAVTEQ

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Frost & Sullivan |
Publisher Contact: Catherine Brassell 
+44.207.915.7867 catherine.brassell[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Tracking/Navigation via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Tracking/Navigation Most Recent Related Newswires:

Safran’s SpaceNaute Navigation System Chosen for New Ariane 6 Launch Vehicle
AGI Partners with Singapore’s NTU-ATMRI to Develop Urban UTM Solutions
GE’s Marine Solutions Strengthens its Presence in ASEAN and China
Leonardo Introduces Latest Generation Active Sonar At Euronaval
Kyrgyz Republic's Main International Airport Adopts NEC's Air Navigation System Solution
MiX Telematics Introduces Industry First Connected Asset Solution
Sparta Systems Announces Silver Sponsorship and Speaking Engagement at the 11th Annual Global Food Safety Summit
MiX Telematics Showcases its Smart Solutions At CTIA Super Mobility 2016
Frost & Sullivan Highlights TSPS, Inc. for Setting the Bar in Customer Value in the North American Commercial Vehicle Smart Parking Services Market
Curtiss-Wright Adds 90-Day Underwater Locator Beacon (ULB) Support to Crash Protected Recorder Family
Frost & Sullivan Lauds MiX Telematics’ Rise as the Leading Provider of Information and Related Services for Mobile Assets
Safran Navigation Systems Selected for France’s New Griffon Armored Vehicles of Scorpion Program
Thales Launches New Ultra-tactical Version of the Ground Master 60 with A Search on the Move Capacity
ROBIN Radar Introduces New Drone Detection System Featuring Advanced Radome Made with Dyneema® Crystal Technology
Frost & Sullivan Commends Storm Telematics’ Best-in-Class Customer Value/ Service in the Fleet Optimization and Asset Management Analytics Market

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  NAKIVO, Inc.

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)