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Home Cover Story

ODOO

Leading The Era’s Digital Transformation

admin by admin
January 12, 2023
in Cover Story, Lounge interview
ODOO
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ODOO

Leading The Era’s Digital Transformation

Even the most complicated businesses need fluidity and complete integration in order to function effectively. And a user interface that is simple to traverse, user-friendly, and designed to enable the user’s smooth adoption of the system has the potential to completely revolutionize any organization.

Odoo is an enterprise resource platform that aims to change the way businesses function by centralizing administrative tasks such as supply chain and project management, accounting and human resources, communications, sales customer relationship management, and reporting modules. This can be accomplished through a number of different modules.

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They believe that business software should meet complex requirements while maintaining an easy-to-use interface. This belief has helped them become a prominent suite of open-source business applications. The company’s software is designed to be user-friendly, feature-rich, closely integrated, and straightforward to upgrade in order to facilitate the creation of a simplified experience for all of the company’s clients.

In addition to enterprise resource planning and customer relationship management, they provide a variety of additional cutting-edge technologies in a single package geared to tackle any and all problems that a company might ever encounter. Owing to its natively integrated applications, Odoo has successfully established a new market. It’s possible that today’s businesses will face complex issues.

However, Odoo identifies its problems and finds solutions by utilizing apps that work seamlessly with the platform. Hosting for their suite of open-source business applications is offered on three separate systems, allowing it to be customized to meet the requirements of any particular customer.

You can quickly set up a cloud instance that is completely operational in a matter of minutes by using the software as a service platform Odoo Online, all it takes is a few clicks. Both On-Premise and Odoo SH are built for bespoke Odoo configurations. This allows for the simple installation of our certified apps as well as any third-party apps that are available through the Odoo apps store.

Company Overview

Fabien Pinckaers began combining his love for business and technology from an early age – by 13, he had already created and sold his first piece of business management software for a company called “Les Transports Verts”. During his time at the University of Louvain-la-Neuve (where he majored in computer science), Fabien worked on a number of projects utilizing various software systems, such as Auction-inEurope, Openstuff, and TinyERP (later known as OpenERP, then Odoo).

In just two years, Auction-in-Europe surpassed eBay in monthly art sales volume, moving 15,000 lots per month, and establishing itself as the industry leader in Belgium. TinyERP has been the most successful of them, expanding becoming OpenERP and then becoming Odoo as it expanded beyond ERP to encompass other types of software.

With a lot of hard work and determination, Fabien was able to grow the one-man hand of the company (he was the only employee), into a multinational company with offices on three continents and more than 100 employees. Fabien achieved this in eight short years and before the age of 31! “I needed to change the world.

I wanted to…. You know how it is when you are young and you have big dreams, a lot of energy, and naive stupidity. My dream was to lead the enterprise management market with fully opensource software”, states Fabien. Started as a one man firm in Belgium, today Odoo has over 3500+ partners and 2500+ employees globally.

Odoo has moved far beyond the boundaries of traditional ERP players across the globe. The executive team consists 4 key persons: 1) Fabien Pinckares (CEO) 2) Antony Lesuisse (CTO) 3) Alessandro Mazzocchetti (CFO) 4) Sebastian Bruyr (CCO) In the coming years, the company’s goal is to increase the number of employees in order to broaden its customer base and serve more businesses in different parts of the world.

Tackling the Pandemic

During the Covid-19 pandemic, when it was difficult to recruit employees or workers, Odoo presented its finest answer to solve the business difficulty. Odoo, with its superior artificial intelligence-based business intelligence, assisted businesses in lowering their personnel requirements while simultaneously increasing their output.

In the course of the pandemic, online retail platforms all around the world have reported a rise in sales of drugs, groceries, and other commonly used items that ranges from approximately 70% to 190%. Because of the lockdown and the quarantine, some businesses had fully stocked warehouses and retail shops, but they were unable to sell any of their inventory. Odoo provided instant assistance to them in this predicament by establishing a new eCommerce website in order to maintain the flow of sales.

Company’s Response to the Technical Advancements in the Market

Odoo delivers a one-stop solution for everything a company could need to thrive in its industry. They provided a full suite of solutions, including customer relationship management, sales management, and accounting. Odoo’s app store has everything to meet every possible requirement. Because of this, you won’t have to waste time switching between programs that accomplish similar things, only to end up with more work because of the intricate integration required to bring the data together.

Odoo Studio’s features make it possible for businesses to create their own unique apps without the need for in house programmers. People with little to no experience with coding can greatly benefit from this function. Odoo Studio is a developer- and non-developerfriendly app builder that utilizes drag-and-drop blocks for the creation of apps. With Chatter, businesses can have the internal communication they need in minutes rather than weeks, and they can also develop the apps their employees need in a streamlined and transparent manner.

Odoo is a cloud-based business management solution, so you can manage your company from anywhere with just your phone. Adapting to the screen layouts is a breeze thanks to the uniformity and completeness of the UI. Odoo is an open source project that uses the programming languages Python, JavaScript, and XML. To connect to databases, Odoo uses PostgreSQL, an open-source RDBMS.

The Clientele of the Company

Everyone from sole proprietors to giant corporations can benefit from using Odoo. Odoo is a free and open-source alternative to proprietary retail management software. Its POS (Point of Sale) and CMS (Content Management System) can be integrated with an E-Commerce app to facilitate online shopping on any website.

Odoo is a free and open-source enterprise resource planning (ERP) system that can replace more well-known systems. Odoo is generic and may be used by businesses of all sizes and from all industries. The main problem for Odoo is “managing the massive scope and scalability of the software while staying as simple as possible in usage,” which is why the company provides solutions for businesses of all sizes and in all industries.

Every company has its own procedures, and it’s logical for them to look for ways to streamline those processes. When it comes to solutions, Odoo is where they should look. We have the ability to provide a fully tailored, industry-specific, open-source Business Management Software Solution for any business you can think of.

What Sets the Company Apart

Odoo, a provider of business software solutions, has quickly become one of the world’s leading digital transformation partners. Their platform streamlines operations by connecting all departments in an organization to one another. This eliminates the need for employees to switch between different business applications, which in turn provides owners with a number of advantages, such as faster turnaround times, reduced costs associated with application upgrades and maintenance, and enhanced ability to track and audit processes.

It seems that solutions that are efficient at solving the problem are also difficult to use, and vice versa for systems that are simple to use. Odoo is revolutionary because it is so simple to use and because it has so many cutting-edge capabilities that can address any issue a business might have. The company’s framework is one of a kind due to its cutting-edge technical architecture.

The Odoo suite of apps is designed to function in tandem, streamlining and centralizing the automation and tracking of an organization’s operations so that they can be accessed from any location and on any device. As the way in which various departments of an organization contribute to its expansion has evolved over time, so too have the difficulties faced by those departments.

Integration of sales, purchasing, inventories, and production helps modern businesses expand, but it goes further than that. Now more than ever, businesses need to connect not just their core processes, but also things like marketing campaigns, consumer data, and interactions. Their suite of apps is designed to function together in harmony, so you can streamline and monitor your operations from a single, cloud-based location.

Odoo’s easy, feature-rich, closely integrated, and painless update software helps businesses of all sizes and types meet their goals in a way that doesn’t disrupt daily operations or user productivity. By utilizing the thousands of developers and business experts who have contributed to the Odoo open-source development methodology, they have created the greatest ecosystem of fully connected business apps in the world.

Odoo’s framework is one of a kind thanks to its cutting-edge technical architecture. To put it another way, it enables them and their community of developers to offer scalable, high-quality usability for all of our products. Usability improvements made to Odoo will be automatically applied to all of our integrated apps. Finally, with regular annual releases, Odoo evolves much faster than any other solution.

Achievements and Accolades Received

Odoo has won numerous awards in recent years, including the INSEAD Innovator Award in 2011, the highest ranking among Belgian companies in Deloitte’s Technology Fast 50 Benelux in 2012 (with a five-year revenue growth rate of 1,549%), the Bossie Award for the Best Open Source Solution in 2012 and 2013, the Trend Gazelles Award in 2013, and the Linux New Media Award for the Best Open Source solution compatible with the European Accounting System in 2013.

Odoo has been ranked number two in the world by Gartner in their study on GetApp’s ranking of ERP software. Talking further about Odoo India, it was just awarded the ‘ET B2B Awards 2022’ by one of the leading newspapers, the Economic Times. Additionally, Mr. Mantvya, director of Odoo India, was recently recognized as “one of the top B2B Entrepreneurs” by the Economic Times

Conclusion

Odoo was designed from the ground up to prioritize the success of its users while also addressing the most pressing problems faced by their respective companies. The company was once a one-man enterprise based in Belgium; nevertheless, the company now boasts over 1250 partners, 2500+ staff, and 4 million users across the globe.

Odoo has surpassed the capabilities of traditional ERP players all across the world in a significant way. The company’s longterm goal is to pursue innovative approaches that will make consumers’ lives easier while also enhancing the company’s operational effectiveness.

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