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@hamed on Nov. 10, 2024, 12:56 p.m.

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.

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