odoo

Odoo is a comprehensive suite of open-source business applications designed to streamline various business processes. These include customer relationship management (CRM), e-commerce, billing, accounting, manufacturing, warehouse operations, project management, and inventory management.

Its modular architecture allows businesses to start with a few modules and add more as they grow, making it adaptable for companies of all sizes.

History and Growth

Founded in 2005 by Fabien Pinckaers, Odoo has evolved from its initial focus on enterprise resource planning (ERP) to offer a broader range of business solutions.

The company rebranded from OpenERP to Odoo in 2014 to reflect this expanded scope.

As of 2023, Odoo reported having over 7 million users globally and a network of more than 3,600 partners across 100 countries.

Product Editions and Pricing

Odoo offers both a free, open-source Community Edition and a paid Enterprise Edition, which includes additional features, infrastructure, and professional services.

The pricing model is based on a per-user, per-month subscription, with the flexibility to add or remove apps as needed.

Technology Stack

The company's technology stack is built on a modular architecture, allowing for easy customization and integration.

Odoo uses PostgreSQL as its database management system, ensuring that users maintain ownership of their data.

Its commitment to open-source principles extends to providing source code access and GitHub repositories for developers and users alike.

Locations

Odoo's global presence includes offices in various countries such as the United States, Belgium, Luxembourg, India, Hong Kong, and Dubai.

In the United States, Odoo has offices in:

• San Francisco, CA
• Berkeley, CA
• Fremont, CA
• Oakland, CA
• Santa Rosa, CA
• Santa Clara, CA
• Buffalo, NY (mentioned in the text but not confirmed in JSON)

The company has also expanded its presence in the Middle East with a new office in Dubai South HQ, serving as the regional headquarters for the Middle East and North Africa (MENA) region.

Valuation and Impact

Odoo's approach to simplifying business software has led to rapid growth, with a valuation of EUR 3.2 billion in June 2022.

Its extensive network of partners and commitment to open-source principles have made it a preferred choice for businesses seeking comprehensive and customizable business management solutions.