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ITRN - Ituran Location And Control Ltd


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Ituran Location And Control Ltd logo

Ituran Location and Control Ltd., based in Azor, Israel, is a prominent provider of location-based telematics services and machine-to-machine telematics products globally. Established in 1994, the company operates through two core segments: Telematics services and Telematics Products, offering comprehensive solutions tailored to enhance vehicle security, fleet management, and connected car experiences.

The Telematics services segment specializes in stolen vehicle recovery and tracking services, utilizing advanced technologies to locate, track, and recover stolen vehicles efficiently. It also provides fleet management solutions that enable real-time monitoring and management of corporate and individual vehicle fleets, enhancing operational efficiency and security.

Additionally, Ituran offers locator services designed to safeguard valuable merchandise and equipment, along with on-demand navigation guidance and assistance. These services include traffic reports, directions, and information on nearby facilities such as gas stations and hospitals, delivered through a Connected Car platform. This platform integrates a telematics device, mobile apps for iOS and Android, and interfaces with vehicle infotainment systems, supporting usage-based insurance and auto financing initiatives.

In the Telematics Products segment, Ituran manufactures and distributes essential components including Base Site radio receivers, Control Center software for data collection and transmission, navigation and tracking devices for vehicles, and SMART portable transmitters. These products are pivotal in enabling precise data collection, location tracking, and real-time communication between vehicles and control centers, serving a diverse clientele including insurance companies, car manufacturers, dealers, and private subscribers worldwide. With a commitment to innovation and reliability, Ituran continues to lead the telematics industry, enhancing mobility solutions and security measures globally.

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Stock Sector: Diversified Services: Business Services

 

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