In 2019, Totvs S.A. invested nearly 398 million Brazilian reals (which translated to 17.5 percent of the company's revenue) into research and development. Totvs operates in Brazil, Argentina, Mexico, and the United States and is best known for providing enterprise resource planning (ERP) solutions. Totvs ranked among the leading IT and telecommunications companies in Brazil in 2018.
Research and development (R&D) spending of Totvs worldwide from 2017 to 2019
(in million Brazilian reals)
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TOTVS. (February 12, 2020). Research and development (R&D) spending of Totvs worldwide from 2017 to 2019 (in million Brazilian reals) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1173292/totvs-r-and-d-spedning/
TOTVS. "Research and development (R&D) spending of Totvs worldwide from 2017 to 2019 (in million Brazilian reals)." Chart. February 12, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1173292/totvs-r-and-d-spedning/
TOTVS. (2020). Research and development (R&D) spending of Totvs worldwide from 2017 to 2019 (in million Brazilian reals). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1173292/totvs-r-and-d-spedning/
TOTVS. "Research and Development (R&d) Spending of Totvs Worldwide from 2017 to 2019 (in Million Brazilian Reals)." Statista, Statista Inc., 12 Feb 2020, https://www.statista.com/statistics/1173292/totvs-r-and-d-spedning/
TOTVS, Research and development (R&D) spending of Totvs worldwide from 2017 to 2019 (in million Brazilian reals) Statista, https://www.statista.com/statistics/1173292/totvs-r-and-d-spedning/ (last visited November 21, 2024)
Research and development (R&D) spending of Totvs worldwide from 2017 to 2019 (in million Brazilian reals) [Graph], TOTVS, February 12, 2020. [Online]. Available: https://www.statista.com/statistics/1173292/totvs-r-and-d-spedning/
