Odoo
Open source ERP, CRM and CMS
From Wikipedia, the free encyclopedia
Odoo is a business management software suite developed in Belgium. It includes modules for customer relationship management, e-commerce, billing, accounting, manufacturing, warehouse operations, project management, and inventory management.[2]
| Odoo | |
|---|---|
| |
 | |
| Original author | Fabien Pinckaers |
| Developers | Odoo S.A., Community |
| Initial release | February 2005 |
| Stable release | |
| Preview release | master
|
| Written in | Python, JavaScript and TypeScript |
| Operating system | Linux, Unix-like, macOS, Windows, iOS, Android |
| Type | ERP, CRM, Accounting, CMS, E-commerce |
| License | "Community" version: GNU Lesser General Public License v3 "Enterprise" version: proprietary license |
| Website | www |
| Repository | |
In October 2022, Odoo S.A. announced new pricing plans under which users could access all Odoo apps under a single per-user pricing model.[3]
Odoo is distributed in two editions: Community, licensed under the GNU LGPLv3, and Enterprise, which includes additional proprietary features and services. Odoo can be deployed on-premises or accessed through a software-as-a-service (SaaS) model.[4]
Overview
From inception, Odoo S.A (formerly OpenERP S.A) has released the core software as open source.[5] 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.[6]
Odoo has an extensible architecture that allows third-party developers and organizations to create additional applications and modules, which can be distributed through its marketplace or shared publicly. The system consists of a core framework, a set of official applications, and community-developed modules.[7] Odoo is also integrated with external systems through third-party implementation partners.[8][9]
Odoo has been used in university courses as part of teaching materials.[10] A study on experimental learning suggested that Odoo (then known as OpenERP[11]) can serve as an alternative to proprietary systems for educational purposes.
Publications on Odoo include books covering topics such as accounting and software development.[12][13][14]
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.[15]
History
In 2005, Fabien Pinckaers, the founder and CEO of Odoo, developed his first software product, TinyERP. Three years later, it was renamed OpenERP. By 2010, OpenERP had grown to more than 100 employees.[16][17]
In 2013, Odoo received a Deloitte award for rapid growth in Belgium.[18]
In 2014, the company was renamed Odoo.[19] The name was chosen by OpenERP, reportedly in reference to the number of "O"s in the names of major internet companies at the time.[20] In 2015, Inc. magazine ranked Odoo among the 5,000 fastest-growing private companies in Europe.[21]
In 2019, the company raised a $90 million investment.[22]
In 2021, Odoo products were used by more than 5 million customers.[23] Odoo expected to hire 1,000 new employees, according to CEO Pinckaers.[24][25]
In 2023, Odoo reported a 33% year-over-year revenue increase, reaching €282 million, and grew its workforce to over 2,200 employees. Despite its expansion, the company remains profitable. Pinckaers noted ongoing efforts to improve user onboarding and operational efficiency.[26]
Features
Odoo is built around a modular architecture. Its core components include[27]:
- 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 known in the industry as a versatile enterprise resource planning (ERP) system. Before its name change, it received several awards as OpenERP including the Trends Gazelle, the Deloitte Technology Fast 50 Award[28] and the InfoWorld's BOSSIE Award 2013[29] later in 2014,[30] 2015,[31] and 2016 after the name change to Odoo.[32]
