PAC estimations indicate growth on the ERP software market over the next five years due to international companies keen to team up with partners able to provide complete IT solutions, to reorganize electricity producers in Romania or to get the local management to resort to solutions meant to provide better financial control and transparency in business.
Total Soft ranked first, for a third consecutive year, among the best ERP solutions providers in Romania, with a 16% share, according to the PAC study. Total Soft saw a 20% increase on the licenses segment and a 14% increase on the services segment. In 2011, The company reported sales of EUR25.92 million, of which, over EUR17 million on the ERP segment.
Total Soft, one of Romania’s leading IT firms developing and providing complex business solutions and services, has been active on the market for 15 years and employs 450 people. The company is 90.5% owned by Ferabosco Investments Limited (Cyprus), while Liviu Dragan holds 7.9% and Florin Manea holds 1.6%.
Total Soft is a part of the Global Finance group, one of the largest private equity firms in Southeast Europe.
ERP is business management software that allows an organization to use a system of integrated applications to manage the business. ERP software integrates all facets of an operation, including development, manufacturing, sales and marketing.