TOTVS Strengths, Domain Expertise, and Key Differentiators
TOTVS's strength lies in its scalable franchise model and numerous acquisitions, making it one of Latin America's largest software companies. With a vast customer base of over 70,000, TOTVS has established itself as a business software leader, penetrating various sectors such as law firms, schools, hospitals, and major companies. Its AI interface, Carol, launched in mid-2019, further positions TOTVS as an innovator in the AI and ML space.
TOTVS Recent Developments
TOTVS made an expansion of TOTVS cloud availability zones. The investment aims to accelerate the cloudification of its base of more than 70 thousand customers nationwide. With the new feature, TOTVS customers will have access to their cloud solutions with greater ease and performance optimization, regardless of their location in Brazil. The result is a more streamlined user experience as well as greater data availability.
TOTVS Mergers and Acquisitions (M&A) Activities
TOTVS made a strategic acquisition by adding Supplier, a B2B credit fintech, to its portfolio. This move followed TOTVS raising over $250 million. The acquisition aligns with TOTVS's strategy to leverage the extensive data flowing through its ERP systems towards financial services, showcasing a synergistic approach to expanding its offerings.
TOTVS Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying TOTVS applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of TOTVS and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified TOTVS ERP, customers.
TOTVS Overview
Av. Braz Leme, 1000, Santana
Sao Paulo, SP, 2511, Brazil
55 800-709-8100
https://www.totvs.com/
Ownership: - BVMF:TOTS3
Number of Employees: 10000
Functional Markets: Analytics and BI, Collaboration, Content Management, CRM, eCommerce, EPM, ERP Financial, ERP Services and Operations, HCM, PPM, Procurement, SCM,
Key Verticals: Banking and Financial Services, Communications, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
TOTVS Key Enterprise and Cloud Applications
TOTVS ERP,
TOTVS Revenues, $M:
Type/Year | 2022 | 2023 | YoY Growth, % |
---|---|---|---|
Total Revenues, $M | Subscribe | Subscribe | Subscribe |
Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
TOTVS Revenue Breakdown By Type, $M:
TOTVS Enterprise Applications Revenues By Functional Markets, $M:
TOTVS Enterprise Applications Revenues By Verticals, $M:
TOTVS Revenues By Region, $M
Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
---|---|---|---|---|
Americas | Subscribe | Subscribe | Subscribe | Subscribe |
EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
APAC | Subscribe | Subscribe | Subscribe | Subscribe |
Total | Subscribe | Subscribe | Subscribe | Subscribe |
TOTVS Direct vs Indirect sales
Region | Direct Sales | Indirect Sales | Total |
---|---|---|---|
Type % | Subscribe | Subscribe | Subscribe |
Revenues, $M | Subscribe | Subscribe | Subscribe |
TOTVS Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified TOTVS Customers
No. of TOTVS Customers: 70000
No. of TOTVS Enterprise Applications Customers: 70000
No. of TOTVS Cloud Customers: 2500
No. of TOTVS Cloud Subscribers: x
Among TOTVS's 70,000 customers, 2,500 are utilizing its cloud services, with key clients including Laticinio Scala, Pacheco Neto Sanden Teisseire Advogados, Argo Construtora, and others. The company's widespread presence in the Brazilian market extends into diverse industries, showcasing the versatility of its solutions.
TOTVS Market Opportunities, M&A and Geo Expansions
With TOTVS's expansion into cloud services and the launch of TOTVS Instant Payment in 2021, the company is capitalizing on market opportunities. TOTVS Techfin, the division focusing on credit, payment, and services solutions, exemplifies the company's commitment to embracing fintech trends, providing companies with simplified and cost-effective access to financial services.
TOTVS Risks and Challenges
TOTVS faces potential risks, particularly in the event of a slowdown in the Brazilian economy. Additionally, the company needs to navigate technology challenges to efficiently expand its cloud capabilities. The need for international expansion beyond Latin America remains a strategic consideration.
TOTVS Ecosystem, Partners, Resellers and SI
TOTVS has cultivated a robust ecosystem through strategic acquisitions, including the purchase of Brazilian rival Bematech SA. The company's extensive network of offices in Latin America, Portugal, and the US, along with collaborations with distribution partners, underscores its commitment to building a comprehensive technology ecosystem.
TOTVS Cloud Infrastructure Insights
Subscribe to read more about:
- TOTVS Public Cloud and Infrastructure (IaaS)
- TOTVS Platform (PaaS)
- TOTVS Application Delivery
- TOTVS Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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