Odoo (previously known as OpenERP) has launched a significant upgrade designed to appeal to small and mid-sized businesses both for its functionality and its pricing. Odoo “a good example of a company using open source to target a piece of the market has been overlooked by some of the larger more established vendors,” said 451 Group analyst Jay Lyman.
Going forward, the company has committed to more frequent releases of its major versions and point releases.
“Our contributors want to see the work they have submitted integrated into the product faster,” Marc Laporte, chief operating officer of Odoo, told CRM Buyer.
Also, the company has developed significant momentum since last year, when it raised US$4 million to help fund its global expansion, he added.
A Complete Suite
Like its earlier versions, Odoo v.6 includes functionality from most categories found in a typical enterprise resource application: CRM, purchase management, manufacturing, warehouse management, project management, accounting and human resources.
Open source developers contributed more than 800 suggestions after the application was made available as a release candidate, many of which were incorporated into the final version, Laporte said.