Odoo Strengths, Domain Expertise, and Key Differentiators
With more than 10000 integrated apps available on their Odoo App Store, Odoo become the biggest enterprise App Store. All Odoo Apps such as Odoo CRM, Odoo Sales, Odoo Accounting, Odoo WMS (Warehouse Management), Odoo HR, Odoo Project, Odoo Events, Odoo Marketing, etc. are integrated. Odoo is an open-source alternative to many software packages.
Odoo Recent Developments
In October 2021, Odoo released Odoo 15, A variety of UX and UI improvements have been made such as spotting the cashier tab with a grey favicon, extra information on invoices and receipts, tips improvement, several opened sessions warning and more! You can also enjoy a freshly updated and mobile-friendly version of PoS Shop and Restaurant.
Odoo Mergers and acquisitions (M&A) Activities
In July 2021, Odoo has raised $125 million in a fourth funding round and the second led by Summit Partners. It last raised a $90 million round in December 2019 by the same private equity company. As part of the process, it was also given a valuation of more than $1 billion; in doing so becomes the first IT Unicorn in Wallonia, Belgium. The deal sees Summit partners acquire the shares held by the leading investors from its Series A and B funding rounds, Sofinonova Partners and XAnge. Both Sofinonova Partners and Xange will be happy as they achieved a 149x and a 68x multiple on their investments.
In December 2019, Odoo closed a $90 million minority investment led by global growth equity investor Summit Partners, with participation from Odoo's executive management team and existing investor SRIW and its affiliate Noshaq.
Odoo Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Odoo applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Odoo and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Odoo CRM, Odoo Accounting, Odoo HR, Odoo Project, Odoo Sales, Odoo Events, Odoo Marketing, customers.
Odoo Overview
Ownership: - x
Number of Employees: 1700
Functional Market: Absence and Leave Management, Workforce Analytics, Time and Attendance, Core HR, Payroll, Recruiting,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction and Real Estate, Consumer Packaged Goods, Distribution, Education, Government, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Non Profit, Oil, Gas and Chemicals, Professional Services, Retail, Transportation, Utilites,
Odoo Key Cloud and HCM Applications
Odoo CRM, Odoo Accounting, Odoo HR, Odoo Project, Odoo Sales, Odoo Events, Odoo Marketing,
Odoo HCM and Cloud HCM Applications Revenues, $M:
| Type/Year | 2019 | 2020 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| HCM Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud HCM Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Odoo Revenue Breakdown by Type:
| Type | License | Prof. Services | Hardware | Support & Maintenance | SaaS | PaaS | IaaS | Other (Non Enterprise Application Revenues) | Total |
|---|---|---|---|---|---|---|---|---|---|
| % of Total Revenues | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | 100% |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
Odoo HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets | % | 2020 HCM Revenues, By Sub-Functional Markets, $M | |
Odoo HCM Applications Revenues By Verticals, $M:
Odoo Total and HCM Applications Revenues by Region:
| Region | % of Total Revenues | 2020 Total Revenues, $M | 2020 HCM Applications Revenues, $M |
|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe |
Odoo Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Odoo Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Odoo Customers
No. of Odoo Customers: 50000
No. of Odoo HCM Applications Customers: x
No. of Odoo Cloud HCM Customers: x
No. of Odoo Cloud HCM Subscribers: x
With the "On-premise" offer, Odoo is the most installed business software in the world. It is used by over 7000000 users worldwide ranging from startup companies (1 user) to large enterprises (300,000+ users).
Recent customer wins include Rijs Solutions, CompanyWriters, FYG group, Toyota, Alta Motors, Expert Rochat, Velodyne, Openware, GTT Europe, Hölzl Gravurtec, Kapla, Astec Sudan, XO2 and many others.
Odoo Market Opportunities, M&A and Geo Expansions
In February 2018, Odoo made all Odoo apps free on Odoo Online, as long as you use only 1 app. This offer includes unlimited users on the cloud. Also in December 2018, Odoo has opened its New York office.
Their mission is to help millions of SMEs grow their businesses with Odoo and we are committed to their success. Odoo is a suite of open source business apps that cover all company needs: CRM, eCommerce, accounting, inventory, point of sale, project management, etc.
Odoo Risks and Challenges
Migration to the cloud is work in progress.
Odoo Ecosystem, Partners, Resellers and SI
The network of certified partners, established in more than 130 countries, deploys the solution locally. Odoo has about 2550 partners. Among its partners are Adhoc, Open Net Sarl, Accomodata BVBA, IFE GmbH, Odoo Experts, BHC SPRL, Eezee-IT, Open Source Integrators, openfellas GmbH, Bista Solutions, Inc, Sudokeys, B-informed BV, Intero Technologies GmbH, Subteno IT, Agile Business Group, Somko Consulting BVBA, Confianz Global, DynApps NV, Arche TI, Accel Software Solution, Callista, Alpiek B.V and many others.
Odoo Cloud Platform (PaaS) and Infrastructure (IaaS) Details
Subscribe to read more about:
- Odoo Public Cloud and Infrastructure (IaaS)
- Odoo Platform (PaaS)
- Odoo Application Delivery
- Odoo Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
https://www.appsruntheworld.com/taxonomy
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