Totvs and SAP lead enterprise software market in Brazil

The enterprise software market in Brazil is led by local firm Totvs and SAP, according to new research by Brazilian business school Fundação Getúlio Vargas about the local information technology market.
The report, which polled more than 2,600 businesses nationwide, shows Totvs as the leader with 33% of the overall ERP market. The Brazilian company is closely followed by SAP: the German software giant has a 32% slice of the market, according to the FGV study, now in its 31st edition. Oracle ranks third, with a market share of 12%.
By Angelica Mari via ZD Net