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Maps For Gps Devices

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Effective GPS tracking devices are great tools to help you keep track of your loved ones, employees, products and equipment. Since these GPS tracking devices are so prevalent today, you will be able to find a suitable solution that fits your budget. Installing a GPS tracking device is a good financial and management decision. It is difficult to imagine running a business today without a GPS tracking device. Just imagine the manual communication and tracking overheads that will be required to track where your company's assets are and whether your customers are being serviced effectively. You will need to make frequent phone calls to keep track of everyone and to ensure that the entire business process flow is working well.



With the amazing advances in technology, GPS tracking devices have made things like tracking of employees and vehicles much easier. There are sufficient proven advantages in installing a GPS tracking device. Some of these are:

1) Monitor and plan the movement of your company's vehicles

With a GPS tracking device, you can easily plan an efficient delivery route without much time or money being wasted. In the past, before the introduction of GPS tracking devices, it would be almost impossible for you to realize if some of your employees have been skiving on their job with the company's vehicles in tow.

However, things are different now with GPS tracking devices being installed by more companies. You will be able to figure out the real-time location of your driver and if the travelling time to the planned destination took as long or longer.

2) Recover stolen goods

It is nearly impossible to predict when a company vehicle will be stolen. So installing a GPS tracking device ahead of time is smart. Without a GPS tracking device, it will take the police a longer time to track down the stolen vehicle. In that critical lost time, both the vehicle and its precious content may be disposed off.

With a GPS tracking device installed, it will be of great help to the police as the time taken to find the vehicle will be greatly reduced.

3) Ensure the safety of your employees

GPS tracking devices can improve the safety of your employees. Employees are exposed to the danger of piracy or highway robbery if crooks realize that they are delivering goods that are of high value. Since GPS tracking devices can help keep track of your employees in real-time, you can offer help quickly and minimize their risks if should they meet with any danger.

A Portable GPS Helps You Get Around

Having a portable GPS tracking system with you when you are out on your trip is always advantageous. A portable GPS tracking system can help you find your way around in various circumstances. It can help you if you are on a jungle trek. It can also help you if you are trying to make your way around busy city centers.

In the old days if you were preparing for a trek, you would need to find an appropriate map that covers the region where you plan to explore. You run the risk of venturing off into areas that are not covered by the paper map. It is unlikely that you will bring enough maps to cover all possible contingencies. Your planned route may be blocked by fallen trees or landslides. The area may have been flooded or waterlogged. The detours that you may have to take may heighten the chances of you getting lost. Your map may also be damaged by heavy rain if the map is not well protected in a waterproof sheath. If it gets dark and you are unprepared, you may not be able to read your map. Getting lost in the woods or the jungle can be a harrowing experience. If you need a search and rescue mission to get you out of the situation, this may take time. A rugged portable GPS device may be a real lifesaver in these situations.

The portable GPS device can easily indicate to the user their position with just a click of a button. From that position, the user can try to find a way out of the area and the chances of getting lost are greatly minimized. You do not need lots of space in your luggage to accommodate a portable GPS.

It is generally quite easy to use a portable GPS as you can get instructions that appear on the screen's display. Moreover, most models now come with a voice sampler that provides you instructions clearly instead of reading them off the screen. This allows the user to understand the portable GPS device in a more interactive way.

Basically, a portable GPS is a fantastic way for determining your location with the help of the voice sampler and allows the user to find their way through unfamiliar places with ease. In many cases, the use of a portable GPS system helps to avert the user from getting into difficult or dangerous situations.
Maps For Gps Devices
But when it comes to mapping out winners and losers in the GPS devices marketplace, we turn to the guidance of our 15,000-member ChangeWave research network. And what they've told us is that Garmin (GRMN) – the top GPS manufacturer in the world – has achieved near total domination of the U.S. marketplace.

During February we conducted two ChangeWave surveys on global positioning systems – one on consumer GPS trends (n = 3,773) and the other on corporate purchasing trends (n = 2,013). Here's what we found:

Consumer GPS Trends

Our February 18-25 survey of consumers who own a GPS navigation device, shows Garmin with a 56% market share – an increase of 4 percentage points since the previous survey in January 2008. Garmin's percentage towers over its closest rival Magellan, which captured only 12%.

Looking at the next 90 days, Garmin (54%; up 5-pts) remains first on the map in terms of planned consumer purchases of GPS navigation devices. TomTom is second with 8% (down 1-pt), and Magellan has fallen to third place with just 4% (down 2-pts).

Corporate GPS Trends

In our February 11-15 corporate buying survey, Garmin is also the dominant leader with a hefty 58% share of the corporate GPS market. That's a full 11-pts higher than the previous corporate buying survey in November 2007.

Magellan also gained some corporate ground since the previous survey (12%; up 4-pts), even as TomTom's numbers have fallen to 9%, down 3-pts since November.

Going forward it's more of the same, as Garmin is dominating planned corporate GPS purchases for the 2nd Quarter with a 56% market share That's a huge 10-pt jump since November.

Magellan takes second with 10% (up 2-pts), while TomTom limps in at 5% (down 7-pts).

Best Quarter in History? Now Wait a Minute.

Garmin's February 20th quarterly earnings call has confirmed our ChangeWave survey findings, with the company stating flat out that it was the “best quarter in our history.”

Garmin reported earnings per share of $1.39, on sales of more than $1.2 billion – a 99% increase from a year earlier, with profits up an impressive 70%. Analysts had projected earnings of just $1.12 per share. To top it off, the company stated that its outlook for the rest of 2008 remained strong.

So with all that good news, you might wonder why Garmin's share price took a big 20% hit in the weeks immediately following their quarterly earnings announcement. Or why Garmin's stock price is now down nearly 60% from its 52-week high.

According to Wall Street analysts, the combination of significantly lower profit margins for Garmin (down more than 15%) and a retrenchment in U.S. consumer spending has undermined Garmin's stock price. In addition, Garmin's average unit selling price dropped precipitously last quarter, and their CFO recently predicted it will drop another 20% in 2008.

Another factor is the continued slowdown in U.S. consumer spending. Our February survey found an astonishing two-in-five U.S. respondents (39%) saying they'll spend less over the next 90 days than they did a year ago – 5-pts worse than our January 2008 survey.

The decline in spending is occurring across all income levels. But most ominously – not only for Garmin but for the entire GPS devices industry – the survey showed consumer electronics spending in the midst of a major slowdown.

To put this in perspective, it's the weakest outlook for electronics spending ever recorded in a ChangeWave survey.

Given such a slowdown, it's understandable why Garmin and so many other high flying electronics stocks have had an extremely rough go of it lately. But despite shrinking profit margins and an extremely tough consumer spending environment, our latest ChangeWave surveys show Garmin is gobbling up share in the high growth GPS market.

The verdict is out on whether Garmin can return to its previously lofty heights – but it's a company investors should be watching closely.
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