TOTVS Among HCM Top 500

Av. Braz Leme, 1000, Santana

Sao Paulo, SP, 2511, Brazil

+55 11 2099-7090

List of Verified TOTVS Customers

TOTVS Recent Developments

TOTVS is present in 41 countries with a net income of over R $ 2 billion. In Brazil, it has 15 branches, 52 franchises, 5000 distribution channels and 10 development centers. Abroad, it has over 7 branches and 5 development centers (US, Mexico, China and Taiwan). In 2017 TOTVS reported an 2% increase in revenue, compared to 2016.

TOTVS Key Cloud & HCM Applications


SCORES Analysis

TOTVS Strengths

Buoyed by the explosive economic growth in Brazil, TOTVS has emerged as one of the largest software companies in Latin America through a series of acquisitions as well as a highly scalable franchise model. In fact more than half of the 11,500-strong organization are employed by its franchisees. With more than 26,000 customers and 80,000 enterprise contracts, TOTOVS has enjoyed an enviable position in the fragmented Brazilian market. The ubiquity of TOTVS as a business software leader has eclipsed other well-known consumer brands in Brazil. As a result TOTVS is well represented across many parts of the Brazilian economy, selling into some of the country’s biggest companies, law firms, schools and hospitals. Because of its inside track into the public and private sectors in Brazil, TOTVS is expected to exert considerable influence over the IT direction of one of the world’s most vibrant countries over the next five years.

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  • Key differentiators
  • Domain Expertise
  • Product portfolio
  • Solution scope

TOTVS HCM & Cloud HCM Applications Revenues, $M:

Type/Year 2016 2017 YoY Growth, %
Total Revenues, $M Subscribe Subscribe Subscribe
HCM Applications Revenues, $M Subscribe Subscribe Subscribe
Cloud HCM Applications Revenues, $M Subscribe Subscribe Subscribe

* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** 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:

Type License Services Hardware Support & Maintenance SaaS
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe

TOTVS Total & HCM Applications Revenues by Region:

Region % of Total Revenues 2017 Total Revenues, $M 2017 HCM Applications Revenues, $M
Americas Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe
Total 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

No. of Customers: Subscribe

No. of HCM Applications Customers: Subscribe

No. of Cloud HCM Customers: Subscribe

No. of Cloud HCM Subscribers: Subscribe

Don't Miss our Customer Database

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  • Reference wins across regions
  • Customer Size segments
  • Customer wins momentum

TOTVS Opportunities

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  • Market Opportunities at the vertical and subvertical levels
  • Mergers and Acquisitions (M&A), Funding
  • Geo Expansions


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  • Ability to handle internal and external risk and challenges

TOTVS Ecosystem

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  • Health of ecosystem
  • Network Effects of BPO, ISV, SI
  • VAR Partners
  • Direct vs Indirect sales

TOTVS Cloud Platform (PaaS) & Infrastructure (IaaS) Details

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  • Cloud Infrastructure (IaaS)
  • Cloud Platform (PaaS)
  • Cloud Application delivery (SaaS)
  • Data Center (Hosting)

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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