The history of OpenERP (now known as Odoo) is a fascinating journey of growth and innovation. Here's a brief overview:
Early Beginnings (2005-2010):
- TinyERP: In 2005, Fabien Pinckaers, the founder and current CEO of Odoo, started developing his first software product, TinyERP.
- OpenERP: Three years later, in 2008, the name was changed to OpenERP to reflect its open-source nature.
- Rapid Growth: The company experienced significant growth, reaching over 100 employees by 2010.
Pivot and Evolution (2010-2014):
- Business Model Shift: Recognizing the need to focus on product development, OpenERP pivoted from a service-oriented model to a software publisher model.
- Global Adoption: The software gained widespread adoption, becoming one of the most installed management software solutions worldwide.
- Community Growth: A strong and active community formed around OpenERP, contributing to its development and expansion.
Rebranding and Future Focus (2014-Present):
- Odoo: In 2014, the company rebranded itself as Odoo to reflect its broader range of applications beyond traditional ERP.
- Open Core Model: Odoo transitioned to an open-core model, offering a free open-source version and subscription-based enterprise and cloud-hosted versions.
- Continuous Innovation: Odoo continues to evolve, releasing new versions with cutting-edge features and expanding its range of modules to cover various business needs.
Key Milestones:
- 2005: TinyERP is created.
- 2008: Renamed to OpenERP.
- 2010: Significant growth and community expansion.
- 2014: Rebranded as Odoo.
- 2019: Raised a $90 million investment.
Odoo's journey is a testament to its founder's vision, the dedication of its community, and its ability to adapt to the changing needs of businesses. It has established itself as a leading all-in-one business management solution, empowering businesses of all sizes to streamline their operations and achieve success.