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Trimble Inc - TRMB STOCK NEWS

Welcome to our dedicated page for Trimble news (Ticker: TRMB), a resource for investors and traders seeking the latest updates and insights on Trimble stock.

Overview of Trimble Inc

Trimble Inc (TRMB) is a global technology solutions provider that seamlessly connects the physical and digital worlds through advanced positioning, modeling, connectivity and data analytics. With a broad portfolio covering hardware, software and services, Trimble delivers integrated solutions that drive enhanced productivity, quality, safety, transparency and sustainability for professionals across multiple industries.

Core Business Areas

At its core, Trimble transforms workflows by providing purpose-built products and enterprise lifecycle solutions that serve diverse sectors such as construction, geospatial, agriculture, transportation and logistics. The company’s reportable segments include Buildings and Infrastructure—which caters to architects, engineers and construction professionals—Geospatial, Resources and Utilities, and Transportation. Each business unit is designed to optimize operational efficiency by leveraging cutting-edge technologies and sophisticated data analytics.

Innovative Technologies and Solutions

Trimble has established a reputation for integrating digital innovations with traditional industry practices. Its solutions include:

  • Positioning and Modeling: Tools that accurately map and model real-world environments.
  • Connectivity and Data Analytics: Platforms that enable real-time insights, secure data exchanges and collaborative workflows across job sites and offices.
  • Reality Capture: Advanced systems using 3D laser scanning, mobile mapping and aerial vehicles to digitize physical assets for improved project management.
  • Fleet Management and Telematics: Solutions that enhance vehicle tracking, navigation and fleet efficiency through integrated in-cab technology.

Market Position and Competitive Landscape

Serving customers in over 140 countries, Trimble’s global network of dealers and distribution partners ensures its advanced solutions are accessible worldwide. Its ability to integrate complex systems—from construction workflow management to advanced analytics—positions Trimble as a significant player among peers in digital transformation. Trimble’s strategy emphasizes empowering professionals with interoperable solutions that integrate seamlessly with a range of third-party systems and proprietary software, ensuring that every link in the workflow is optimized for maximum return on investment and operational efficiency.

Operational Excellence and Industry Expertise

With deep industry expertise, Trimble supports a variety of client segments through its connected ecosystem, where cloud-based platforms and analytical tools foster enhanced decision-making. This ecosystem includes elements like integrated project management software for construction, mobile solutions for field workforce connectivity and advanced AI-driven capabilities that streamline data capture and analysis. The company is known for its commitment to maintaining data integrity and securing collaboration platforms, making its solutions robust and reliable.

Enhanced Collaboration and Digital Transformation

Trimble’s offerings are not merely about technology adoption; they focus on transforming traditional workflows into highly efficient, interconnected processes that span from design to on-site execution and post-construction management. This digital transformation is evident in solutions like the cloud-based common data environment, which facilitates the secure sharing and processing of massive datasets, as well as innovative initiatives that incorporate artificial intelligence to automate repetitive tasks and enhance the creative process in design and construction.

Broader Industry Impact

Beyond the core segments, Trimble’s diverse range of digital tools supports industries with critical operational challenges. Whether it is through enhancing visibility in freight transportation markets or enabling real-time data accessibility on the job site, Trimble’s technology is fundamental to modernizing industries. By connecting physical assets with digital environments, Trimble leads its customers towards higher efficiency, better safety standards and improved project outcomes.

This comprehensive approach, underpinned by decades of expertise and continuous technological innovation, positions Trimble Inc as a respected and trusted provider in the global marketplace, making it a cornerstone for professionals seeking to optimize their operational workflows without compromising on quality or safety.

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Trimble (NASDAQ: TRMB) partners with Kyivstar to install a new CORS network in Ukraine, using Trimble's hardware and software positioning technology to provide high-accuracy real-time or post-processed GNSS corrections data for various industries. The network will be installed on Kyivstar's communication towers, with the first phase of installation to be completed by the end of 2023 and the second phase by 2024.
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Trimble opens Insight Tech Conference + Expo, highlighting successes in the transportation industry and the importance of partnership and technology. Trimble's Transportation Cloud and connected workflows have been utilized by customers for better operations. Collaboration with industry professionals is emphasized. Keynote speaker Mark Gallagher previews Formula 1 Las Vegas Grand Prix.
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Purdue University and Trimble are establishing a state-of-the-art Trimble Technology Lab at Purdue focused on teaching and research for construction management technology.
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Trimble introduces Appian Daily Planner, a cloud-based solution for route optimization that improves asset utilization and on-time deliveries.
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Trimble has published its 2022 Sustainability Report, showcasing its commitment to building resilience, empowering people, and leading with integrity. The report highlights Trimble's efforts in shaping a sustainable future for the planet and the communities it serves.
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Trimble announced that Dart Transit Company has selected Trimble's Instinct driver experience and Video Intelligence fleet management solutions. Dart will be implementing the Trimble technologies across its fleet of more than 1,000 trucks to improve safety, compliance, and efficiency. Trimble's solutions provide a connected experience between the back office and drivers, enhancing productivity and performance. Installing video-based safety monitoring systems could potentially prevent 63,000 crashes, 17,700 injuries, and 290 deaths each year. Dart's partnership with Trimble demonstrates a commitment to fleet protection and driving efficiencies through technology.
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Trimble (NASDAQ: TRMB) announced the release of its flexible API for the Trimble Agriculture Cloud, enabling connectivity for agriculture integrators and broad compatibility with third-party applications. The API allows for farm setup, task records, recommendations, materials, vehicle setup, work orders, harvest, and crop zones activities. Trimble currently has over 180 million customer acres using its Agriculture Cloud.
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Trimble Inc. (NASDAQ: TRMB) announced record annualized recurring revenue of $1.88 billion, up 14 percent organically, and second quarter total revenue of $994 million, up 6 percent year-over-year. GAAP gross margin was 60.8 percent, and non-GAAP gross margin was 64.2 percent. The company's Connect and Scale strategy drove these results, enhancing productivity and sustainability for its customers.
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Trimble (NASDAQ: TRMB) announces Mark Gallagher as the keynote speaker for its 2023 Trimble Dimensions Conference, featuring three days of education, innovation, and networking. The conference will take place from November 6-8, 2023, at The Venetian in Las Vegas, showcasing insights into data, innovation, and technology.
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FAQ

What is the current stock price of Trimble (TRMB)?

The current stock price of Trimble (TRMB) is $56.51 as of April 4, 2025.

What is the market cap of Trimble (TRMB)?

The market cap of Trimble (TRMB) is approximately 14.1B.

What core industries does Trimble serve?

Trimble serves a wide range of industries including construction, geospatial, transportation, agriculture, and utilities, by providing technology solutions that connect physical and digital workflows.

How does Trimble generate its revenue?

Trimble generates revenue through a diverse portfolio encompassing hardware, software, and subscription-based services, addressing needs from enterprise lifecycle solutions to field asset management.

What is Trimble’s value proposition?

Trimble’s value lies in integrating precise positioning, advanced modeling, and real-time data analytics to improve productivity, safety, and sustainability across various industries.

How does Trimble support digital transformation?

Trimble leverages cloud-based platforms, AI-enhanced tools, and connectivity solutions to transform traditional workflows into efficient digital ecosystems, enabling better decision making and collaboration.

What are the major business segments of Trimble?

Trimble operates through key segments such as Buildings and Infrastructure, Geospatial, Resources and Utilities, and Transportation, each designed to address specific market challenges.

How does Trimble's technology improve field operations?

By integrating cutting-edge reality capture, telematics, and mobile connectivity, Trimble’s solutions enable seamless data transfer from the job site to the office, enhancing operational efficiency and safety.

In what ways is Trimble leveraging AI in its solutions?

Trimble incorporates AI to automate data capture, enhance point cloud analysis, enable predictive analytics and streamline repetitive tasks, ultimately boosting workflow efficiency.

How does Trimble maintain a competitive edge in its market?

Trimble’s competitive advantage is rooted in its comprehensive, integrated ecosystem, global presence and continuous innovation, which together enhance customer ROI and operational excellence.
Trimble Inc

Nasdaq:TRMB

TRMB Rankings

TRMB Stock Data

14.13B
244.91M
0.35%
96.65%
1.2%
Scientific & Technical Instruments
Measuring & Controlling Devices, Nec
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United States
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