Odoo

{{Infobox software

| name = Odoo

| logo = Odoo Official Logo.png

| screenshot = Odoo apps page.png

| author = Fabien Pinckaers

| developer = Odoo S.A., Community

| released = {{Start date and age|df=yes|2005|2}}

| latest release version = 18.0

| latest release date = {{start date and age|2024|10}}{{cite web|url=https://www.odoo.com/page/release-notes|title=Odoo Release Notes|access-date=8 October 2024}}{{cite web|url=https://nightly.odoo.com/|title=Odoo Nightly builds|access-date=22 November 2022}}

| latest preview version = master

| programming language = JavaScript, Python

| operating system = Linux, Unix-like, OS X, Windows, iOS, Android

| genre = ERP, CRM, Accounting, CMS, E-commerce

| license = "Community" version: GNU Lesser General Public License v3
"Enterprise" version: Proprietary license

| website = {{wikidata|property|reference|P856}}

}}

Odoo is a suite of Belgian origin business management software tools that include customer relationship management, e-commerce, billing, accounting, manufacturing, warehouse, project management, and inventory management.

During the Odoo Experience event in October 2022, Fabien Pinckaers announced that Odoo would make all applications available for free in the enterprise edition.

The Community version is libre software, licensed under the GNU LGPLv3. The Enterprise version has proprietary extra features and services. The source code for the framework and core enterprise resource planning modules is developed by the Belgium-based Odoo S.A. Odoo is available for both on-premises and ready-to-use SaaS environments. The source code for the OpenObject framework and the core ERP modules are provided by Belgium-based Odoo S.A.

Overview

From inception, Odoo S.A (formerly OpenERP S.A) has released the core software as open source.{{Cite book|first1=Amal|last1=Ganesh|first2=K.N.|last2=Shanil|first3=C.|last3=Sunitha|first4=A.M.|last4=Midhundas|title=2016 IEEE 6th International Conference on Advanced Computing (IACC) |chapter=OpenERP/Odoo - an Open Source Concept to ERP Solution |url=https://www.researchgate.net/publication/306301008|year=2016|doi=10.1109/IACC.2016.30|location=2016 IEEE 6th International Conference on Advanced Computing (IACC)|pages=112–116|isbn=978-1-4673-8286-1|s2cid=17852685}} Since the V9.0 release, the company has transitioned to an open core model, which provides subscription-based proprietary enterprise software and cloud-hosted software as a service, in addition to the open source version. In 2013, the not-for-profit Odoo Community Association was formed to promote the widespread use of Odoo and to support the collaborative development of Odoo features.{{Cite news |title=How I Grew From 1 To 250 Employees In A Few Years |url=https://www.linkedin.com/pulse/20140818150823-57131497-how-i-grew-from-1-to-250-employees-in-5-years |access-date=2022-06-17 |website=www.linkedin.com |language=en}}

Odoo's extensible architecture allows a large number of freelancers and organizations to develop Odoo Apps or Modules and place them in the marketplace for sale or to be downloaded for free. The main Odoo components are the framework, about 30 core applications (also called official modules), and thousands of community modules.

Odoo has been used as a component of university courses.{{Cite web |title=Syllabus, Winter 2009 |url=http://www.fsa.ulaval.ca/cours/plans/2009H/SIO22915_3476.pdf |archive-url=https://web.archive.org/web/20130613000252/http://www.fsa.ulaval.ca/cours/plans/2009H/SIO22915_3476.pdf |url-status=dead |archive-date=June 13, 2013 |access-date=June 26, 2015 |website=www.fsa.ulaval.ca}} A study on experimental learning suggested that Odoo (then known as OpenERP{{Cite web|title = Experiential Learning with an Open-Source Enterprise System|url = http://aisel.aisnet.org/cgi/viewcontent.cgi?article=1093&context=amcis2014|website = aisel.aisnet.org|access-date=June 26, 2015}}) provides a suitable alternative to proprietary systems to supplement teaching.

Several books have been written about Odoo, some covering specific areas such as accounting or development.{{Cite book|title = Working with Odoo|last = Moss|first = Gregory|publisher = Packt|year = 2015 |isbn = 978-1784394554}}{{Cite book|title = Financial Accounting with Odoo: Versions 6, 7, and 8|last = Mader|first = Greg|year = 2015 | publisher=CreateSpace Independent Publishing Platform |isbn = 978-1508737568}}{{Cite book|title = Odoo Development Essentials |last = Reis|first = Daniel|publisher = Packt|year = 2015|isbn = 978-1784392796}}

= Version support =

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, 15.0 LTS is supported along with 16.0 LTS and 17.0 LTS, but 15.0 will reach End of Life when 18.0 LTS is released.{{Cite web |date=2015-10-01 |title=More than ever, Odoo has it all. {{!}} Odoo |url=https://www.odoo.com/blog/odoo-news-5/odoo-9-more-than-ever-odoo-has-it-all-315 |access-date=2022-06-17 |website=Odoo S.A. |language=en-US}}

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.{{cite web|url=http://www.computerworld.com/article/2513567/enterprise-resource-planning/openerp-aims-to-impress-u-s--market.html|title=OpenERP aims to impress U.S. market|author=Jaikumar Vijayan|date=October 21, 2010|work=Computerworld|access-date=July 27, 2015|archive-date=July 5, 2018|archive-url=https://web.archive.org/web/20180705235313/https://www.computerworld.com/article/2513567/enterprise-resource-planning/openerp-aims-to-impress-u-s--market.html|url-status=dead}}{{cite web|url=https://techcrunch.com/2010/02/17/openerp-gets-e3-million-for-us-expansion/|title=OpenERP gets €3 million for US expansion|author=roxannevarza|publisher=AOL|work=TechCrunch|date=17 February 2010 |access-date=July 27, 2015}}

In 2013, the company won a Deloitte award for being the fastest-growing company in Belgium, with 1,549% growth over five years.{{Cite web| title = How I Grew from 1 to 250 Employees in a Few Years| url = https://www.linkedin.com/pulse/20140818150823-57131497-how-i-grew-from-1-to-250-employees-in-5-years|access-date= January 26, 2017}}

In 2014, the company was renamed Odoo, to differentiate itself from the term "ERP".{{Cite web| title = The Odoo Story | date = 16 April 2013| url = https://www.odoo.com/blog/odoo-news-5/post/the-odoo-story-56|access-date= January 26, 2017}} The name 'Odoo' was chosen by then OpenERP after they saw a correlation between company valuation and the number of "O"s in the names of the top 10 internet companies in 2014.{{Cite web |date=2014-05-14 |title=OpenERP becomes Odoo |url=https://www.odoo.com/blog/odoo-news-5/odoo-the-new-openerp-156 |access-date=2025-03-14 |website=Odoo |language=en-US}} In 2015, Inc. Magazine placed Odoo in the top 5,000 fastest-growing private companies in Europe.{{Cite web| title = Inc 5000 rating for Odoo| url = https://www.inc.com/profile/odoo| access-date = March 8, 2018| archive-date = May 25, 2021| archive-url = https://web.archive.org/web/20210525041656/https://www.inc.com/profile/odoo| url-status = dead}}

In 2019, the company raised a $90 million investment.{{Cite web|title=Odoo grabs $90M to sell more SMEs on its business app suite|url=https://techcrunch.com/2019/12/17/odoo-grabs-90m-to-sell-more-smes-on-its-business-app-suite/|access-date=August 2, 2021|website=techcrunch.com|date=17 December 2019 }}

In 2021, Odoo products were used by more than 5 million customers.{{Cite web|title=17 Best Warehouse Inventory Management Software in 2021|url=https://www.founderjar.com/best-warehouse-inventory-management-software/|access-date=August 2, 2021|website=founderjar.com|date=23 June 2021}} Odoo expected to hire 1,000 new employees, according to CEO Fabien Pinckaers.{{Cite web|title=Odoo charge le Forum de dénicher 200 développeurs|url=https://www.lalibre.be/economie/digital/odoo-charge-le-forem-de-denicher-200-developpeurs-601d899a7b50a652f7a6b39d|access-date=August 2, 2021|website=lalibre.be}}{{Cite web|title=Many startups in Buffalo are growing. Will they find employees to fill their open roles?|url=https://www.bizjournals.com/buffalo/news/2021/06/21/startups-hiring-buffalo.html|access-date=August 2, 2021|website=bizjournals.com}}

In 2023, Odoo launched Odoo 17, with significant UI changes and some new functionality, particularly within the restaurant space. The release included the integration of WhatsApp and a substantially improved Point of Sale (POS) module by introducing features like self-ordering, a restaurant app, and a kitchen display app. Odoo also added meeting room management and front desk functionalities to modules.

Reception

Odoo has received industry recognition for powerful and versatile Enterprise Resource Planning (ERP) system.{{cite web |last1=Kumari |first1=Priya |title=From Setup to Success: Best Practices for Odoo ERP Implementation |url=https://ahex.co/from-setup-to-success-best-practices-for-odoo-erp-implementation/ |website=Ahex Technologies |date=17 October 2023 |publisher=Ajay Hooda |access-date=17 October 2023 |ref=Ahextechnologies}} Before its name change, it received awards as OpenERP including Trends Gazelle, Deloitte Technology Fast 50 Award{{cite web |url = https://www2.deloitte.com/nl/nl/pages/technologie-media-telecom/articles/fast50-ranking-2012.html |title = Ranking Technology Fast50 2012 |access-date = March 8, 2018 |archive-date = November 14, 2020 |archive-url = https://web.archive.org/web/20201114120108/https://www2.deloitte.com/nl/nl/pages/technologie-media-telecom/articles/fast50-ranking-2012.html |url-status = dead }} and the InfoWorld's BOSSIE Award 2013.{{cite web|url=http://www.infoworld.com/article/2606353/open-source-software/119652-Bossie-Awards-2013-The-best-open-source-applications.html#slide19|title=Bossie Awards 2013: The best open source applications|author=InfoWorld staff|date=September 17, 2013|work=InfoWorld|access-date=July 27, 2015}} After changing its name to Odoo, it won consecutive BOSSIE Awards in 2014,{{cite web|title=Bossie Awards 2014: The best open source applications|url=https://www.infoworld.com/article/2688073/applications/applications-164721-bossie-awards-2014-the-best-open-source-applications.html#slide4|website=www.infoworld.com|date=29 September 2014|access-date=17 December 2017}} 2015,{{cite web | title = Bossie Award 2015 slide3| website= www.infoworld.com | date= 16 September 2015 | url = https://www.infoworld.com/article/2982622/open-source-tools/bossie-awards-2015-the-best-open-source-applications.html#slide3 | access-date = 17 December 2017 }} and 2016.{{cite web | title = Bossie Award 2016 slide6 | website = www.infoworld.com | date = 21 September 2016 | url =https://www.infoworld.com/article/3122000/open-source-tools/bossie-awards-2016-the-best-open-source-applications.html#slide6 | access-date = 17 December 2017}}