T

Totvs

www.totvs.com link_icon

TOTVS Company Market Research Report



1. Company Overview



  • Name: TOTVS

  • Mission: Transform the way businesses hire and use financial services and enhance performance through technology.

  • Founded by and When: No information is available.

  • Key People:

  • CEO: No specific information available.

  • Headquarters: No information is available.

  • Number of Employees: Over 11,600 employees (referred to as TOTVERS).

  • Revenue: In 2022, TOTVS registered a record net revenue of R$4 billion, with a 27% increase compared to the previous year.

  • Known For: TOTVS is known as the largest technology company in Brazil, leading in systems and platforms for enterprises, going beyond ERP solutions to support business digitalization and growth.


2. Products



TOTVS offers products across three main business dimensions:

2.1 Dimension of GESTÃO


  • ERP Systems: Provides comprehensive solutions for automating processes within companies.

  • HR Systems: Aimed at streamlining human resource functions.


2.2 Dimension of TECHFIN


  • Financial Solutions: Includes B2B credit, receivables anticipation, PIX payments, credit cards, and digital wallets.


2.3 Dimension of BUSINESS PERFORMANCE


  • Sales Solutions: Enhances sales competitiveness and customer experience through marketing digital, digital commerce, and customer experience solutions.


Key Product Features:



  • ERP: Most widely used in Brazil, offering vertical solutions that cater to 12 market sectors.

  • RH, Cloud, CRM, Analytics, iPaaS, Electronic Signatures, and Fluig: Various solutions tailored to meet specialized business needs.


3. Recent Developments



3.1 New Product Launches and Features


  • Release 12.1.2410 of the Protheus Line: Recent update with unspecified new features.


3.2 Partnerships and Acquisitions


  • Acquisition of VarejOnline: This step aims to expand TOTVS's offerings in commerce technology space.


3.3 Technology and Innovation


  • TOTVS Labs: Innovation laboratory located in Raleigh, North Carolina.

  • Open Source Project PO UI: An Angular and Typescript based component library originating within TOTVS.


4. Social Responsibility and ESG Initiatives



  • ESG Policy: Launched in 2020, aligns business impacts positively on society.


4.1 Social Initiatives


  • IOS - Instituto da Oportunidade Social: Offers professional training for youth and people with disabilities across Brazil.

  • Start Tech Program: Enhances employability for socially vulnerable youth in the tech sector.


4.2 Recognitions


  • Human Rights and Diversity Seal: Acknowledgement from São Paulo Human Rights and Citizenship Secretary.


5. Achievements and Recognition



  • Ranking in Merco Empresas Brasil: Named for reputation in technology.

  • Financial Times: Listed among the Americas' fastest-growing companies in 2024.

  • Great Place to Work Brazil: Positioned as one of the best companies to work for in Brazil.

  • Kantar BrandZ: Consistently named among Brazil’s most valuable brands for nine years.


6. Market Presence



  • Latin American Leader: Over 35% market share in Latin America, servicing more than 70,000 clients across 12 sectors.

  • International Operations: Branches in Argentina, Mexico, Colombia, Chile, and the USA.


7. Investor Information



  • Stock Market: First Latin American technology company to join the Ibovespa index.

  • Research & Development Investment: R$3 billion invested over the last five years.


This structured and detailed report should provide a comprehensive view of TOTVS's standing as a technological powerhouse in Brazil and Latin America. The focus on growth, innovation, and social responsibility ensures their continued success and positive market impact.