For TOTVS Labs, AI’s Home Is Silicon Valley

TOTVS SA, the largest enterprise software company in Latin America, is making a big bet on artificial intelligence (AI). The Brazilian company, which is headquartered in São Paulo and has 12 developers in Silicon Valley, is taking its experience with vertical markets in the SMB space and coupling that with a powerful AI platform that will improve decision making in integrated management systems. “We are on a mission,” said Vicente Goetten, the executive director of TOTVS Labs in the heart of Silicon Valley’s Mountain View, California. “The future of every software will be a combination of applications, data points, and AI. At present it is extremely hard for smaller companies to hire data scientists, or an AI engineer.” TOTVS Labs landed in Silicon Valley in 2009. Its emphasis is on…


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