Forbes recently ranked the 25 fastest growing technology companies for 2013. One of them was transportation related. Can you guess what company it was?
Trimble Navigation, a company that provides GPS, laser rangefinders, and inertial navigation systems landed at number 25 on the list. Trimble Navigation is most popular in the fields of construction, surveying, agriculture and fleet management.
This may not be that surprising given the growth of GPS devices both for commercial and personal use. According to J.D. Power, the number of drivers using GPS on their mobile devices increased from 37 percent to 47 percent from 2011 to 2012. And there are more apps being created to enhance the navigation options. For example, the app Waze provides routes to help drivers avoid traffic.
How often do you use a GPS device? Let us know in the comment box below.