Odoo - Wikipedia

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Odoo is an open-source suite of business applications including ERP, CRM, accounting, e-commerce, etc. It has both community and enterprise editions.

Odoo is a suite of business management software tools. Its main components are the framework, about 30 core applications, and thousands of community modules developed by users.

Odoo started as TinyERP in 2005 and was later renamed OpenERP and then Odoo. It has grown to be one of the fastest growing companies in Belgium with over 5 million customers worldwide.

Odoo

Odoo is a suite of business management software tools including,


for example, CRM, e-commerce, billing, accounting, Odoo
manufacturing, warehouse, project management, and inventory
management.

During Odoo experience which took place in Belgium in October


2022, Fabien Pinckaers announced that moving forward Odoo will
make all applications available for free in enterprise edition,
making Odoo an unparalleled suite of +70 integrated business
apps.

The Community version is a libre software, licensed under the


GNU LGPLv3. The Enterprise version has proprietary extra
Original author(s) Fabien
features and services. The source code for the framework and core
Pinckaers
ERP modules is curated by the Belgium-based Odoo S.A. Odoo is
available for both on-premises and ready to use SaaS environment. Developer(s) Odoo S.A.,
The source code for the OpenObject framework and the core ERP Community
modules are provided by Belgium-based Odoo S.A.
Initial release February 2005
Stable release 16.0 /
Overview October 12,
2022[1][2]
From inception, Odoo S.A (formerly OpenERP S.A) has released
Preview release master
the core software as open source.[4] Since the V9.0 release, the
company has transitioned to an open core model, which provides Repository github.com
subscription-based proprietary enterprise software and cloud- /odoo/odoo (htt
hosted software as a service, in addition to the open source version. ps://github.co
In 2013, the not-for-profit Odoo Community Association was m/odoo/odoo)
formed to promote the widespread use of Odoo and to support the
collaborative development of Odoo features.[5] Written in JavaScript,
Python
Odoo's extensible architecture allows a large number of freelancers Operating system Linux, Unix-
and organizations to develop Odoo Apps or Modules and place
like, OS X,
them in the marketplace for sale or to be downloaded for free. The
Windows, iOS,
main Odoo components are the framework, about 30 core
applications (also called official modules), and thousands of Android
community modules. Type ERP, CRM,
Accounting,
Odoo has been used as a component of university courses.[6] A CMS, E-
study on experimental learning suggested that Odoo (then known
commerce
as OpenERP[7]) provides a suitable alternative to proprietary
systems to supplement teaching. License "Community"
version: GNU
Lesser
General Public
License v3
"Enterprise"
Several books have been written about Odoo, some covering version:
specific areas such as accounting or development.[8][9][10] Proprietary
license

Version support Website https://www.od


oo.com[3]
The last three Long Term Support versions (LTS) are supported in
parallel. This means that when a new, fourth LTS version is released, the oldest version will reach the end
of its useful life and will no longer be supported. As an example, 9.0 LTS is supported along with 10.0 LTS
and 11.0 LTS, but it will reach End of Life when 12.0 LTS is released.[11]

History
In 2005, Fabien Pinckaers, the founder and current CEO of Odoo, started to develop his first software
product, TinyERP. Three years later, the name was changed to OpenERP. The company started to grow
quickly and in 2010, OpenERP had become a 100+ employee company.[12][13]

In 2013, the company won a Deloitte award for being the fastest-growing company in Belgium, with
1549% growth over a five-year period.[14]

In 2014, the company was renamed Odoo, to diversify itself from the term "ERP".[15] In 2015, Inc.
Magazine placed Odoo in the top 5000 fastest-growing private companies in Europe.[16]

In 2019, the company raised a $90 million investment.[17]

In 2021, Odoo products were used by more than 5 million customers.[18] Odoo expects to hire 1,000 new
employees, according to CEO Fabien Pinckaers.[19][20]

Reception
Odoo has received several recognitions; before its name change, it received awards as OpenERP including
Trends Gazelle, Deloitte Technology Fast 50 Award[21] and the InfoWorld's BOSSIE Award 2013.[22]
After changing its name to Odoo, it won consecutive BOSSIE Awards in 2014,[23] 2015,[24] and 2016.[25]

See also
Free and open-
source software
portal

Comparison of accounting software


List of free and open source ERP packages
List of free and open source software packages
List of free and open source software packages concerning finance

References
1. "Odoo Release Notes" (https://www.odoo.com/page/release-notes). Retrieved 22 November
2022.
2. "Odoo Nightly builds" (https://nightly.odoo.com/). Retrieved 22 November 2022.
3. https://api.github.com/repos/odoo/odoo; retrieved: 8 January 2017.
4. Ganesh, Amal; Shanil, K.N.; Sunitha, C.; Midhundas, A.M. (2016). OpenERP/Odoo - An
Open Source Concept to ERP Solution (https://www.researchgate.net/publication/30630100
8). 2016 IEEE 6th International Conference on Advanced Computing (IACC). pp. 112–116.
doi:10.1109/IACC.2016.30 (https://doi.org/10.1109%2FIACC.2016.30). ISBN 978-1-4673-
8286-1. S2CID 17852685 (https://api.semanticscholar.org/CorpusID:17852685).
5. "How I Grew From 1 To 250 Employees In A Few Years" (https://www.linkedin.com/pulse/201
40818150823-57131497-how-i-grew-from-1-to-250-employees-in-5-years).
www.linkedin.com. Retrieved 2022-06-17.
6. "Syllabus, Winter 2009" (http://www.fsa.ulaval.ca/cours/plans/2009H/SIO22915_3476.pdf)
(PDF). www.fsa.ulaval.ca. Retrieved June 26, 2015.
7. "Experiential Learning with an Open-Source Enterprise System" (http://aisel.aisnet.org/cgi/vi
ewcontent.cgi?article=1093&context=amcis2014). aisel.aisnet.org. Retrieved June 26, 2015.
8. Moss, Gregory (2015). Working with Odoo. Packt. ISBN 978-1784394554.
9. Mader, Greg (2015). Financial Accounting with Odoo: Versions 6, 7, and 8. ISBN 978-
1508737568.
10. Reis, Daniel (2015). Odoo Development Essentials. Packt. ISBN 978-1784392796.
11. "More than ever, Odoo has it all. | Odoo" (https://www.odoo.com/blog/odoo-news-5/odoo-9-m
ore-than-ever-odoo-has-it-all-315). Odoo S.A. 2015-10-01. Retrieved 2022-06-17.
12. Jaikumar Vijayan (October 21, 2010). "OpenERP aims to impress U.S. market" (http://www.c
omputerworld.com/article/2513567/enterprise-resource-planning/openerp-aims-to-impress-u
-s--market.html). Computerworld. Retrieved July 27, 2015.
13. roxannevarza (17 February 2010). "OpenERP gets €3 million for US expansion" (https://tech
crunch.com/2010/02/17/openerp-gets-e3-million-for-us-expansion/). TechCrunch. AOL.
Retrieved July 27, 2015.
14. "How I Grew from 1 to 250 Employees in a Few Years" (https://www.linkedin.com/pulse/2014
0818150823-57131497-how-i-grew-from-1-to-250-employees-in-5-years). Retrieved
January 26, 2017.
15. "The Odoo Story" (https://www.odoo.com/blog/odoo-news-5/post/the-odoo-story-56). 16 April
2013. Retrieved January 26, 2017.
16. "Inc 5000 rating for Odoo" (https://web.archive.org/web/20210525041656/https://www.inc.co
m/profile/odoo). Archived from the original (https://www.inc.com/profile/odoo) on May 25,
2021. Retrieved March 8, 2018.
17. "Odoo grabs $90M to sell more SMEs on its business app suite" (https://techcrunch.com/201
9/12/17/odoo-grabs-90m-to-sell-more-smes-on-its-business-app-suite/). techcrunch.com. 17
December 2019. Retrieved August 2, 2021.
18. "17 Best Warehouse Inventory Management Software in 2021" (https://www.founderjar.com/b
est-warehouse-inventory-management-software/). founderjar.com. 23 June 2021. Retrieved
August 2, 2021.
19. "Odoo charge le Forem de dénicher 200 développeurs" (https://www.lalibre.be/economie/dig
ital/odoo-charge-le-forem-de-denicher-200-developpeurs-601d899a7b50a652f7a6b39d).
lalibre.be. Retrieved August 2, 2021.
20. "Many startups in Buffalo are growing. Will they find employees to fill their open roles?" (http
s://www.bizjournals.com/buffalo/news/2021/06/21/startups-hiring-buffalo.html).
bizjournals.com. Retrieved August 2, 2021.
21. "Ranking Technology Fast50 2012" (https://www2.deloitte.com/nl/nl/pages/technologie-medi
a-telecom/articles/fast50-ranking-2012.html). Retrieved March 8, 2018.
22. InfoWorld staff (September 17, 2013). "Bossie Awards 2013: The best open source
applications" (http://www.infoworld.com/article/2606353/open-source-software/119652-Bossi
e-Awards-2013-The-best-open-source-applications.html#slide19). InfoWorld. Retrieved
July 27, 2015.
23. "Bossie Awards 2014: The best open source applications" (https://www.infoworld.com/articl
e/2688073/applications/applications-164721-bossie-awards-2014-the-best-open-source-app
lications.html#slide4). www.infoworld.com. 29 September 2014. Retrieved 17 December
2017.
24. "Bossie Award 2015 slide3" (https://www.infoworld.com/article/2982622/open-source-tools/b
ossie-awards-2015-the-best-open-source-applications.html#slide3). www.infoworld.com. 16
September 2015. Retrieved 17 December 2017.
25. "Bossie Award 2016 slide6" (https://www.infoworld.com/article/3122000/open-source-tools/b
ossie-awards-2016-the-best-open-source-applications.html#slide6). www.infoworld.com. 21
September 2016. Retrieved 17 December 2017.

External links
Odoo (https://www.odoo.com/)

Retrieved from "https://en.wikipedia.org/w/index.php?title=Odoo&oldid=1138336193"

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