Ituran Location and Control Ltd., together with its subsidiaries, provides location-based telematics services and machine-to-machine telematics products in Israel, Brazil, Argentina, Colombia, Mexico, Ecuador, and the United States. It operates through two segments: Telematics Services and Telematics Products.
The Telematics Services segment offers stolen vehicle recovery and tracking services, which enable it to locate, track, and recover stolen vehicles for its subscribers. It also provides fleet management services that enable corporate and individual customers to track and manage their vehicles in real time, as well as locator services that allow customers to protect valuable merchandise and equipment. This segment delivers on-demand navigation guidance, information, and assistance, including the provision of traffic reports and directions, as well as information on the location of gas stations, car repair shops, post offices, hospitals, and other facilities. Additionally, it offers connected car services, which include a back-office application, a telematics device installed in the vehicle, mobile apps for iOS and Android users, and an interface using the car infotainment screen, along with usage-based insurance and auto financing services. This segment serves insurance companies and agents, car manufacturers, dealers and importers, cooperative sales channels, and private subscribers.
The Telematics Products segment offers base site, a radio receiver that includes a processor and a data computation unit to collect and send data to and from transponders, and to control centers. It also includes a control center, which consists of software used to collect data from various base sites, conduct location calculations, and transmit location data to various customers and law enforcement agencies. Furthermore, this segment provides navigation and tracking devices installed in vehicles, and SMART, a portable transmitter installed in vehicles that sends a signal to the base site enabling the location of vehicles, equipment, or an individual.
The company was incorporated in 1994 and is headquartered.
