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TOTVS
Brazilian software company / From Wikipedia, the free encyclopedia
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TOTVS S.A. is a Brazilian software company headquartered in São Paulo. It has 70,000 clients of diverse sizes operating in 12 sectors of the Brazilian economy: Agribusiness, Logistics, Manufacturing, Distribution, Retail, Services, Education, Hospitality, Legal, Construction, Health and Financial Services. According to FGV, TOTVS is the market leader in management software in Brazil.
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Company type | Public |
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B3: TOTS3 | |
Industry | Software |
Founded | 1983 |
Founder | Laércio Cosentino and Ernesto Haberkorn |
Headquarters | , |
Key people | Dennis Herszkowicz (CEO) |
Products | ERP software |
Revenue | ![]() |
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Number of employees | +10,000 |
Subsidiaries | Bematech Virtual Age PRX PC Sistemas |
Website | totvs.com |
The company has invested R$2 billion in R&D over the last five years to meet its clients’ demands. TOTVS has over 50% market share in Brazil, and is among the top 3 players in Latin America, having clients in over 40 countries. With approximately 10,000 TOTVERS (as its employees are called internally) in its units and franchises, the company was Brazil’s 25th most valuable brand in 2020, as per the ranking announced by Interbrand. In Brazil, it has 15 branches, 52 franchises and 10 development centers. In the international market, it has two units in Argentina, a technological development center and a commercial unit in Mexico, one innovation laboratory in the U.S., and one unit each in Colombia and Chile.