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Odoo is an all-in-one solution for modern-day businesses. With its innovative and transformative features, it helps businesses streamline their operations through a range of services. All in all, Odoo is a fully integrated and customization open-source Enterprise Resource Planning system.

 

Odoo focuses on simplifying business processes and increasing efficiency with its user-friendly interface, seamless integration with third-party applications, mobile accessibility, customization modules, and robust reporting tools. Its excellent services makes it one of the most favored ERP and CMS solutions used by businesses across the globe.

 

Let’s have a look at when it all started, and what it’s looking like now. 

 

History & Beyond

 

  • Fadien Pinckaers is the founder and CEO of Odoo.
  • Odoo was founded in 2005.
  • Odoo’s headquarters are in Louvain-la-Neuve, Belgium.
  • Odoo supports many languages, including English, Spanish, French, Chinese, Arabic, German, and more.
  • The global Open Source ERP market is projected to grow from $79.4 billion in 2023 to $131.9 billion by 2028.
  • Salesforce is a leading cloud-based CRM focused on sales, while Odoo is an Enterprise Resource Planning (ERP) system.
  • Notable companies leveraging Odoo ERP include Toyota, WWF, and the Qatar Investment Authority.

 

Odoo by the Numbers

 

  • 0.1% of websites worldwide use Odoo as their content management system. 
  • 129,598 live stores are currently running on the Odoo platform.  
  • 800,000 visitors visit Odoo Website each month.
  • $8.71 was the average return on investment (ROI) on CRM technology for each dollar spent in 2014. 
  • 4000 people are employed at Odoo worldwide. 
  • $200M – $500M is the company’s annual income. 
  • 3 available editions are available for Odoo: One App Free, Standard, and Custom.
  • At 91, Odoo holds one of the highest domain ratings. 
  • At 330, the Odoo website holds a strong position in the global rankings. 

 

Key Insights into Odoo Stores

 

  • 50.8% of Odoo stores utilize a .com domain.
  • 23.6% of Odoo stores offer a small selection (1-9 products).
  • 4.0% of Odoo stores carry a larger catalog (100-249 products).
  • 4.2% of Odoo stores specialize in computers, mobiles, and gadgets.
  • 4.2% of Odoo stores cater to business & industrial needs.
  • 3.5% of Odoo stores focus on home & garden products.

 

Highlights for Odoo Worldwide.

 

  • Belgium boasts the highest with 5.9% of Odoo stores globally.
  • France follows closely with 5.5% of online stores built on Odoo.
  • The USA joins the pack with 4.6% of stores using Odoo.
  • Spain isn’t far behind with 3.2% of Odoo stores.
  • Odoo is popular in Mexico, India, USA, and Belgium.
  • In Pakistan, Odoo ranks 7th in the ERP category.
  • Saudi Arabia embraces Odoo as the 3rd most popular ERP choice.
  • In Kuwait, Mongolia, and Honduras Odoo has similar popularity as all rank it 3rd in their ERP categories.
  • Oman goes beyond ERP with Odoo being the 3rd most popular Open Source option.
  • Saudi Arabia doubles down with Odoo ranking 5th in both ERP and Content Management Systems.
  • Oman again shows its preference for Odoo, ranking it 5th in Content Management Systems.

 

 

Takeaway

 

 

Odoo is intuitive, modern and continuously evolving to meet user expectations. Its software can adapt to all companies and it offers a suite of applications to streamline company operations. 

 

Odoo’s centralized business management software allows you to manage all company departments whether it is sales, website, customer management, accounts, warehouses, inventory management and others. If you want to work with leading Odoo service provider for Odoo implementation, Odoo customization or Odoo maintenance, choose Odootank!