Toyota Connected

Toyota Connected

Provides connected car technology and services

About

Toyota Connected transforms traditional automobile manufacturing into a mobility services provider by utilizing advanced technology and data. The company focuses on connected car technology, offering services that enhance the driving experience and improve safety. Its main products include telematics for remote vehicle data collection, big data analytics, and Internet of Things (IoT) integrations, allowing vehicles to communicate with each other and their surroundings. Unlike many competitors, Toyota Connected offers a subscription model for safety features and provides data-driven insights to businesses for fleet optimization. The goal is to redefine mobility by making driving safer, more efficient, and enjoyable, while capitalizing on the growing demand for connected car services.

Company Stage

N/A

Employees

201-500

Industries

Data & Analytics, Automotive & Transportation

Total Funding

N/A

Headquarters

Plano, Texas

Founded

2016


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Simplify's Take

What believers are saying

  • The promotion of Christopher Yang to CEO and other leadership changes signal a strong commitment to advancing software and AI initiatives, supporting Toyota's electrified mobility goals.
  • Toyota Connected's collaboration with Toyota Gazoo Racing North America to create blockchain-based digital trophies enhances driver and fan engagement, demonstrating the company's innovative approach.
  • The successful implementation of the Eco mode study highlights Toyota Connected's ability to leverage data for significant environmental impact, showcasing its potential for future sustainability initiatives.

What critics are saying

  • Frequent leadership changes, such as the recent CEO transition, could lead to strategic misalignments and operational disruptions.
  • The rapidly evolving connected car technology market requires continuous innovation, posing a risk if Toyota Connected fails to keep pace with competitors.

What makes Toyota Connected unique

  • Toyota Connected leverages advanced telematics, big data analytics, and IoT integrations to offer a comprehensive suite of connected intelligence services, setting it apart from traditional automotive companies.
  • The company's focus on V2X communication and smart city solutions positions it uniquely in the market, enabling vehicles to interact seamlessly with infrastructure and other vehicles.
  • Toyota Connected's innovative use of blockchain technology for digital trophies in the GR Cup Series showcases its commitment to enhancing user engagement through cutting-edge technology.

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Growth & Insights
Headcount

6 month growth

-2%

1 year growth

-2%

2 year growth

-2%

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