Trimble (TRMB - Free Report) recently unveiled the Trimble V10 Imaging Rover. This is an integrated camera system that helps to capture 360 degree digital images for the purpose of visual documentation and measurement. Its ability to capture precise and comprehensive images renders it useful for conducting aerial surveys, geographic information systems, engineering and finding oil and gas resources.
Trimble V10 has a total of 12 cameras fitted into it, including 7 panorama and 5 downward-looking cameras, which facilitate complete site documentation for photogrammetric measurements. This one-button operation system captures increased amount of data within a short time and is ideal for use by geospatial professionals.
Trimble V10 is used together with Trimble Business Center office software. The Business Center software provides certain intuitive tools that help in deriving survey grade measurements from the images captured by Trimble V-10.
Trimble applies technology to make field and mobile workers in businesses and government significantly more productive. Its solutions are focused on location-specific applications—including the ones used for survey, construction, agriculture, fleet and asset management, public safety and mapping.
Trimble Navigation is entering new markets like railroads, electric utilities and water management to cut costs with its positioning technology and to enhance productivity. The company has also launched Topo Map on SD cards for Android phones and tablets to show GPS location to hikers, backpackers and other outdoor explorers.
Trimble Navigation reported second-quarter 2013 earnings of 35 cents, which beat the Zacks Consensus Estimate by a penny. Trimble’s second-quarter revenues of $576.3 million were up 3.6% sequentially and 11.3% year over year and were within the guided range of $575-$580 million.
Currently, Trimble has a Zacks Rank #3 (Hold). Stocks that look more attractive at present include Texas Instruments (TXN - Free Report) , Microchip Technology Inc (MCHP - Free Report) and Cognex Corp (CGNX - Free Report) , all with a Zacks Rank # 2 (Buy).