Software

NTT DATA: Acquisition of Conexos expands own software product portfolio

September 29, 2023. NTT DATA Business Solutions AG acquires Conexos, the leading solution provider for trading companies in Brazil, and further expands its own product portfolio in the software sector. Founded in 1998, Conexos supports customers in retail, trade, logistics, industry and commodity exchanges. Its top product, the “Conexos Cloud” Global Trade Management (GTM) software, focuses on comprehensive management of foreign trade, from transparency in international logistics to the most complex processes in customs clearance, special regulations, currency conversion and taxation.

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Ricardo Fachin, managing director of NTT DATA Business Solutions Brazil. Photo: NTT DATA

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The import and export logistics for goods and raw materials in Brazil are complex and highly regulated. In addition, the calculation of taxes and communication with the government’s own foreign trade system Siscomex are very different from other countries. As part of the acquisition, the two companies are now combining their expertise into an exclusive offering, with NTT DATA Business Solutions enabling the transformation to SAP® S/4HANA and holding several tax solutions. With its GTM software, Conexos facilitates efficient and flexible import and export control, optimizes processes in a targeted manner and, in the process, ensures more transparent, manageable and rule-compliant foreign trade transactions.

“By acquiring Conexos, we are underscoring our ambitious growth plans in Brazil. At the same time, we are continuing to pursue our consistent growth strategy in our own software segment,” said Norbert Rotter, CEO of NTT DATA Business Solutions and EVP of NTT DATA, Inc. “We want to support our customers in Brazil with a complete solution consisting of SAP® and our own software that is precisely tailored to their requirements. Together with Conexos, we provide GTM software that effectively facilitates our customers’ work and can be easily integrated with SAP thanks to the existing API structure.”

World trade is a complex system of exchanging goods, services and capital across national borders. The multitude of players, legal frameworks, tariffs and non-tariff barriers to trade, such as quotas, embargoes, technical standards and customs procedures, lead to complex interactions. In this context, Conexos has developed a comprehensive, modular SaaS (Software as a Service) product that automates import and export processes for customers. The goal: to reduce bureaucratic hurdles and ensure efficient customs clearance. Thanks to synergy effects from the interaction of 65 integrated software bots, the platform can take over repetitive routine tasks, relieve employees and avoid potential human errors. In addition, more than 4,000 reports provide significant support for strategic decisions.

“In developing Conexos Cloud, our focus was clearly on speed and flexibility. This empowers companies to manage the tremendous data and transaction volumes of their logistics systems,” explains Claudenir Scalzer, CEO and founder of Conexos. “We have already kicked off the first projects with customers using SAP. Joining forces with NTT DATA Business Solutions greatly expands the reach of our products and gives us the opportunity to modernize foreign trade.”

Both companies have already successfully collaborated under the GUEPARDO – Fostering Finance brand, a portfolio of hybrid financial products made up of cloud and on-premise components. “GUEPARDO Global Trade by Conexos is a result of our active partnership,” explains Ricardo Fachin, Managing Director of NTT DATA Business Solutions Brazil. “This powerful management platform can automate up to 70% of the routine tasks of the main players in foreign trade. Together, we can combine our deep expertise even more effectively to make our services attractive to even more customers.”

As part of the acquisition, more than 300 existing Conexos customers will move to NTT/NTT DATA Group. There is also potential for future expansion into the entire Latin American market. Currently only available in Brazil, Conexos Cloud software has already been adapted for businesses in Latin America and is also available in Spanish and English.

About NTT DATA Business Solutions

NTT DATA Business Solutions drives innovation: from consulting and implementation to managed services and beyond, the consulting firm continually enhances SAP solutions and technologies to make them work for businesses – and their employees. In its mission to support other companies in their efforts around transformation, growth and business success, NTT DATA Business Solutions draws on outstanding SAP solutions expertise to connect its customers’ businesses with the latest technologies – individually and across all business units. As part of the NTT DATA Group, a global strategic partner of SAP and with close relationships with other partners, NTT DATA Business Solutions offers customers and prospects access to innovative solutions and developments, making an important contribution to innovation and long-term business success. NTT DATA Business Solutions employs more than 13,500 people in over 30 countries.

About NTT DATA

NTT DATA – part of NTT Group – is Trusted Global Innovator of business and IT solutions, headquartered in Tokyo. We support our customers in their transformation through consulting, industry solutions, business process services, digital and IT modernization, and managed services. With NTT DATA, customers and society can move confidently into the digital future. We are committed to our customers’ long-term success, combining global presence with local customer support in more than 50 countries.

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Further links

👉 www.nttdata.com

Photo: NTT DATA

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