The management of the business operation has turned to the business management software
solutions which have been established with the introduction of the aspects of digitalization
as well as connectivity in the world. Today there are numerous solutions available
under the label of business management solutions providing users with advanced operational
capabilities. Enterprise and resource planning software solutions are a prominent
category of business management solutions that have been used all over the world.
The ideology of complete control of business just as used in the ERP solutions was
established long before the development of the solutions. Moreover, with the introduction
of digitalization, the ideology was developed into a software model which paved
the way for the business management solutions that are available today.
Odoo is one of the prominent business management solutions with complete functionality
falling under the ERP classification label. Established in the first decade of the
century as TinyERP by Fabien Pinckaers who is currently the CEO of the company.
After it was relabeled as OpenERP as the platform was developed into an open-source
platform. In the year 2014, Odoo version 8 was released which was the base for the
current platform of Odoo available. From the year 2014, Odoo has been releasing
a new updated version every year and currently, we have Odoo version 16 which is
the most advanced and fastest Odoo ever to be released. The next updated version
of Odoo the Odoo 17 is on its way to be released in the final quarter of the year
during the Odoo Experience meet 2023.
Although started as a small establishment Odoo has grown to be one of the most prominent
companies in the world. Odoo has over 2550+ partners who are experts in developing
and implementing Odoo and other Odoo alleged services. With the prime product, Odoo
named after the company itself has been spreading its operational wings all around
the world. Thanks to its dedicated infrastructure as well as the dedicated operations
capability used in over 100+ countries and over 12 million users all over the world.
One of the key aspects which make up for the widespread popularity among businesses
all over the world is the open-source infrastructural design which has provided
various developers to contribute. In addition, this has led the system to be a customizable
software solution helping businesses to define the platform in the way they need
for the operation.
Another notable feature of Odoo is that of its craft which is being designed with
a modular structure providing you with dedicated modules of operation where each
distinctive module that is available by default will add up to the application functionality
of operation. These distinctive modules such as Accounting, Sales, Purchase, CRM,
Inventory, Field Services, Marketing Automation, SMS Marketing, Email Marketing,
Project, Planning, and many more are application-driven functional tools. Moreover,
these modules are interconnected in operations which will provide you with one centralized
operational functionality. The aspects of interconnection can be configured with
the help of various options available in each of the modules to provide you with
full control over the data flow. Additionally, with a centralized approach to operations
with one central single database as well as a central inventory management system,
you can have complete control of your business from one single platform.
Odoo is supported by the Odoo community since it's an open-source business management
software. The Odoo community consists of official Odoo partners, Odoo consults,
Odoo developers, and all other people using Odoo as well as supporting it. In case
of requirements for any Odoo-related services, you need to approach official Odoo
partners and choose the best among them. Cybrosys Technologies the leading Odoo
partner will be able to provide you with a complete and expert service regarding
your Odoo needs.
Custom functionalities are not available in Odoo and developing them for the platform
will take up time therefore, there is a collection of applications developed by
the Odoo community under the Odoo Apps Store. Here the applications developed will
perform custom operations as per the application description which can be installed
in your platform and used. The application should be downloaded based on the version
of the Odoo platform that you hold as certain applications will be only operable
in certain versions of Odoo. Odoo is available in two editions: The Odoo community
edition as well as the Odoo enterprise edition. On the one hand, the Odoo community
edition can be coined as a basic Odoo and can be used with minimum functionality.
Furthermore, major customizations are not possible with it. On the other hand, the
Odoo enterprise edition is the advanced edition of Odoo where major customization
at development, as well as the implementation of distinctive Odoo apps, can be done.
As of now, you will be having a clear overview of the Odoo platform. Let us now
move on to understanding the installation and hosting aspects of the Odoo platform
in the next section.