Odoo
by Quiz Infomatics FZCO
by Quiz Infomatics FZCO
Profile Information Last updated on: 22 August 2024
Profile Information Last updated on: 22 August 2024
by Quiz Infomatics FZCO
by Quiz Infomatics FZCO
Profile Information Last updated on: 22 August 2024
Profile Information Last updated on: 22 August 2024
بواسطة Quiz Infomatics FZCO
Odoo is a comprehensive suite of open-source business management software tools designed to meet the diverse needs of organizations of all sizes. Founded in 2005 by Fabien Pinckaers, Odoo started as TinyERP and later evolved into OpenERP before finally rebranding to Odoo in 2014. Headquartered in Belgium, Odoo has grown to become a global leader in ERP solutions, offering a wide range of applications that cover everything from CRM and e-commerce to accounting, inventory, and project management. The platform is known for its modular approach, allowing businesses to customize and scale their use of Odoo applications as needed.
Fabien Pinckaers founded Odoo with the vision of creating a fully open-source software solution that could rival proprietary ERP systems. The company has experienced rapid growth since its inception, reflected in its significant milestones. In 2013, Odoo won a Deloitte award for being the fastest-growing company in Belgium, boasting a 1,549% growth over five years. By 2021, Odoo products were used by more than 5 million customers, and the company planned to hire 1,000 new employees. Odoo's growth trajectory has been marked by continuous innovation and expansion into new markets.
Odoo has attracted substantial investment over the years to support its growth and development. In 2019, the company raised $90 million, and in 2023, it secured a strategic investment of approximately €150 million from General Atlantic. This funding has been instrumental in driving Odoo's global expansion and enhancing its product offerings. As of June 2022, Odoo achieved a valuation of €3.2 billion, reflecting its strong market position and growth potential.
Odoo's product offerings are extensive, covering a wide range of business functions through its modular architecture.
Key applications include:
Odoo's modular design allows businesses to start with the applications they need and add more as their requirements grow. The platform's open-source nature encourages community contributions, resulting in a vast ecosystem of over 40,000 community apps.
The company has experienced rapid growth since its inception, reflected in its significant milestones. In 2013, Odoo won a Deloitte award for being the fastest-growing company in Belgium, boasting a 1,549% growth over five years.
Odoo consistently updates its platform to include new features and enhancements.
Recent updates in Odoo 17 include:
Odoo's company culture is built on innovation, openness, and community collaboration. The company's open-source philosophy fosters a strong sense of community, with over 100,000 developers contributing to the platform's continuous improvement. Odoo values simplicity, efficiency, and affordability, aiming to provide businesses with powerful tools that are easy to use and cost-effective. The company's commitment to customer satisfaction is reflected in its fair pricing model and the absence of vendor lock-in.
Odoo serves a diverse user base, ranging from small startups to large enterprises. The platform is used by over 12 million users worldwide, including notable clients like Toyota, Danone, and KPMG. Odoo's community is a vital part of its ecosystem, contributing to the development of new features and applications. The Odoo Community Association (OCA) supports the collaborative development of Odoo features and promotes the widespread use of the platform.