Software:Odoo

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Odoo
Original author(s)Fabien Pinckaers (fr)
Developer(s)Odoo S.A., Community
Initial releaseFebruary 2005; 21 years ago (2005-02)
Preview release
Master
Written inPython, JavaScript and TypeScript
Operating systemLinux, Unix-like, macOS, Windows, iOS, Android, ChromeOS, ChromeOS Flex
TypeERP, CRM, Accounting, CMS, E-commerce
License"Community" version: GNU Lesser General Public License v3
"Enterprise" version: proprietary license

Odoo is a business management software suite developed in Belgium. It provides applications for customer relationship management, e-commerce, accounting, manufacturing, warehouse management, project management, and inventory management.[1]

In October 2022, Odoo S.A. announced changes to its pricing structure, including a single per-user subscription plan for access to its applications.[2]

Odoo is available in two editions: Community, released under the GNU LGPLv3 license, and Enterprise, which contains proprietary applications and support services. The software can be deployed on-premises or provided through a software-as-a-service (SaaS) model.[3]

Overview

From its inception, Odoo S.A. (formerly OpenERP S.A.) released the core software as open-source software.[4] Since the release of version 9.0, the company has operated under an open-core model that combines open-source software with proprietary enterprise applications and cloud-based SaaS offerings. In 2013, the non-profit Odoo Community Association was established to support collaborative development and use of the software.[5]

Odoo has a modular architecture that allows third-party developers and organizations to create additional applications and extensions that can be distributed through its marketplace or shared publicly. The platform consists of a core framework, official applications developed by Odoo S.A., and community-developed modules.[6] Odoo can also be integrated with external systems through third-party services and implementation partners.[7][8]

Odoo has been used in university courses as part of teaching materials.[9] A study on experimental learning suggested that Odoo (then known as OpenERP[10]) can serve as an alternative to proprietary systems for educational purposes.

Publications on Odoo include books covering topics such as accounting and software development.[11][12][13]

Version support

Major Odoo releases (such as 19.0) are long-term support (LTS) versions. Minor releases are associated with the SaaS platform and are supported for a shorter period. Multiple LTS versions are supported in parallel, with older versions reaching end of life when new LTS releases are introduced. For example, versions 16.0 LTS, 17.0 LTS, and 18.0 LTS were supported concurrently, with 16.0 reaching end of life in September 2025 alongside the release of 19.0 LTS.[14]

History

In 2005, Fabien Pinckaers, the founder and CEO of Odoo,[15] developed the software that later became TinyERP. In 2008, the software was renamed OpenERP. By 2010, the company employed more than 100 people.[16][17]

In 2013, Odoo received a Deloitte award recognizing company growth in Belgium.[18]

In 2014, the company changed its name from OpenERP to Odoo.[19] According to the company, the name was selected in reference to the naming style of several internet companies at the time.[20] In 2015, Inc. magazine included Odoo in its list of the 5,000 fastest-growing private companies in Europe.[21]

In 2019, Odoo raised $90 million in investment funding.[22]

In 2021, reports stated that Odoo products were used by more than 5 million users or customers.[23] That year, CEO Fabien Pinckaers said the company planned to expand its workforce, including additional hiring in software development roles.[24][25]

In 2023, Odoo reported revenue of €282 million, representing a 33% increase compared with the previous year, and stated that it employed more than 2,200 people. According to the report, the company remained profitable while continuing to expand its operations.[26]

In November 2024, Odoo secured $500 million in a secondary share round backed by CapitalG, Sequoia Capital, and Blackrock.[15][27][28] The funding raised the company's valuation up to $5.26 billion.[28][29][15]

Features

Odoo is based on a modular software architecture. Its core components include[30]:

  • Website development
  • eCommerce
  • Customer relations management (CRM)
  • Sales
  • Point of sale (POS)
  • Accounting
  • Invoicing
  • Expenses
  • Document management
  • Spreadsheets
  • Digital signature
  • Inventory management
  • Manufacturing orders and BOM
  • Purchase orders and tenders
  • Human resources
  • Marketing
  • Project management
  • Project planning

Reception

Odoo is described in industry sources as a versatile enterprise resource planning (ERP) system. Prior to its rebranding, the software received several awards under the name OpenERP, including the Trends Gazelle, the Deloitte Technology Fast 50 Award,[31] and InfoWorld’s BOSSIE Award in 2013,[32] as well as in subsequent years following its rebranding to Odoo.[33][34][35]

See also

References

  1. ↑ "Odoo". https://opennext-dz.com/home/odoo. 
  2. ↑ "Odoo's new pricing". 2022-10-18. https://www.odoo.com/blog/odoo-news-5/odoos-new-pricing-970. 
  3. ↑ Kapor, Manish (2022). Odoo Development Cookbook (Fifth ed.). Birmingham, UK: Packt Publishing. ISBN 9781805124276. https://www.packtpub.com/en-BE/product/odoo-development-cookbook-fifth-edition-9781805124276. Retrieved 2026-03-09. 
  4. ↑ Ganesh, Amal; Shanil, K.N.; Sunitha, C.; Midhundas, A.M. (2016). "OpenERP/Odoo - an Open Source Concept to ERP Solution". 2016 IEEE 6th International Conference on Advanced Computing (IACC). 2016 IEEE 6th International Conference on Advanced Computing (IACC). pp. 112–116. doi:10.1109/IACC.2016.30. ISBN 978-1-4673-8286-1. https://www.researchgate.net/publication/306301008. 
  5. ↑ "How I Grew From 1 To 250 Employees In A Few Years" (in en). https://www.linkedin.com/pulse/20140818150823-57131497-how-i-grew-from-1-to-250-employees-in-5-years. 
  6. ↑ "Odoo". https://docs.qlick.cloud/applications/odoo/. 
  7. ↑ Samsukha, Amit (2025-05-07). "Odoo ERP Implementation Guide 2025". https://www.forbes.com/councils/forbestechcouncil/2025/05/07/odoo-erp-implementation-guide-2025/. 
  8. ↑ Meleshkevich, Elizaveta. "Odoo Integrations with eCommerce, Accounting, Shipping, & Custom Systems" (in en-US). https://ventor.tech/services/odoo-integration-with-3rd-platforms/. 
  9. ↑ "Syllabus, Winter 2009". http://www.fsa.ulaval.ca/cours/plans/2009H/SIO22915_3476.pdf. 
  10. ↑ "Experiential Learning with an Open-Source Enterprise System". http://aisel.aisnet.org/cgi/viewcontent.cgi?article=1093&context=amcis2014. 
  11. ↑ Moss, Gregory (2015). Working with Odoo. Packt. ISBN 978-1784394554. 
  12. ↑ Mader, Greg (2015). Financial Accounting with Odoo: Versions 6, 7, and 8. CreateSpace Independent Publishing Platform. ISBN 978-1508737568. 
  13. ↑ Reis, Daniel (2015). Odoo Development Essentials. Packt. ISBN 978-1784392796. 
  14. ↑ "Supported versions. Odoo 19.0 documentation | Odoo" (in en-US). 2015-10-01. https://www.odoo.com/documentation/19.0/administration/supported_versions.html. 
  15. ↑ 15.0 15.1 15.2 Browne, Ryan (20 November 2024). "Alphabet’s VC arm backs little-known SAP rival Odoo, boosting valuation to $5.3 billion". CNBC. https://www.cnbc.com/2024/11/20/software-firm-odoo-hits-5point3-billion-valuation-in-secondary-share-sale.html. 
  16. ↑ "What Is Odoo ERP Software? Evolution, Features, and Australian Localisation" (in en-US). Havi Technology Pty Ltd. 2025-03-06. https://havi.com.au/blog/what-is-odoo-erp-software. 
  17. ↑ roxannevarza (17 February 2010). "OpenERP gets €3 million for US expansion". TechCrunch. AOL. https://techcrunch.com/2010/02/17/openerp-gets-e3-million-for-us-expansion/. 
  18. ↑ "How I Grew from 1 to 250 Employees in a Few Years". https://www.linkedin.com/pulse/20140818150823-57131497-how-i-grew-from-1-to-250-employees-in-5-years. 
  19. ↑ "The Odoo Story". 16 April 2013. https://www.odoo.com/blog/odoo-news-5/post/the-odoo-story-56. 
  20. ↑ "OpenERP becomes Odoo" (in en-US). 2014-05-14. https://www.odoo.com/blog/odoo-news-5/odoo-the-new-openerp-156. 
  21. ↑ "Inc 5000 rating for Odoo". https://www.inc.com/profile/odoo. 
  22. ↑ "Odoo grabs $90M to sell more SMEs on its business app suite". 17 December 2019. https://techcrunch.com/2019/12/17/odoo-grabs-90m-to-sell-more-smes-on-its-business-app-suite/. 
  23. ↑ "17 Best Warehouse Inventory Management Software in 2021". 23 June 2021. https://www.founderjar.com/best-warehouse-inventory-management-software/. 
  24. ↑ "Odoo charge le Forum de dénicher 200 développeurs". https://www.lalibre.be/economie/digital/odoo-charge-le-forem-de-denicher-200-developpeurs-601d899a7b50a652f7a6b39d. 
  25. ↑ "Many startups in Buffalo are growing. Will they find employees to fill their open roles?". 21 June 2021. https://www.bizjournals.com/buffalo/news/2021/06/21/startups-hiring-buffalo.html. 
  26. ↑ Serrure, Ben (June 19, 2025). "Odoo groeit met een derde, 'maar we kunnen nog beter'". De Tijd. https://www.tijd.be/ondernemen/technologie/odoo-groeit-met-een-derde-maar-we-kunnen-nog-beter/10612508.html. 
  27. ↑ "Odoo secures 500 million as investors prioritize operational efficiency, ETStartup" (in en). https://startup.economictimes.indiatimes.com/news/funding-deals/odoo-secures-500-million-as-investors-prioritize-operational-efficiency/130280863. 
  28. ↑ 28.0 28.1 Butcher, Mike (2024-11-20). "Riding high on open source ERP, Odoo raises $527M via secondaries, lifting its valuation to $5.26B" (in en-US). https://techcrunch.com/2024/11/20/riding-high-on-open-source-erp-odoo-raises-527m-via-secondaries-lifting-its-valuation-to-5-26b/. 
  29. ↑ Deutscher, Maria (2024-11-20). "ERP provider Odoo valued at €5B in secondary sale" (in en-US). https://siliconangle.com/2024/11/20/erp-provider-odoo-valued-e5b-secondary-sale/. 
  30. ↑ Haan, Katherine (June 30, 2025). "Odoo Review: Features, Pros & Cons". https://www.forbes.com/advisor/business/software/odoo-review/. 
  31. ↑ "Ranking Technology Fast50 2012". https://www2.deloitte.com/nl/nl/pages/technologie-media-telecom/articles/fast50-ranking-2012.html. 
  32. ↑ InfoWorld staff (September 17, 2013). "Bossie Awards 2013: The best open source applications". InfoWorld. http://www.infoworld.com/article/2606353/open-source-software/119652-Bossie-Awards-2013-The-best-open-source-applications.html#slide19. 
  33. ↑ "Bossie Awards 2014: The best open source applications". 29 September 2014. https://www.infoworld.com/article/2688073/applications/applications-164721-bossie-awards-2014-the-best-open-source-applications.html#slide4. 
  34. ↑ "Bossie Award 2015 slide3". 16 September 2015. https://www.infoworld.com/article/2982622/open-source-tools/bossie-awards-2015-the-best-open-source-applications.html#slide3. 
  35. ↑ "Bossie Award 2016 slide6". 21 September 2016. https://www.infoworld.com/article/3122000/open-source-tools/bossie-awards-2016-the-best-open-source-applications.html#slide6. 

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