Odoo was first released in 2005 as a suite of business management tools that can support a business unit in its many ventures. Right from CRM solutions to project management, eCommerce billing, and inventory management, Odoo can help shape many of your business aspects.
The tool caters to businesses of any scale, size, and industry due to the exclusive features it extends. An Odoo development company might help you utilize the features to their full potential. However, it is more popular in some industries than others. So, what are the industries that have adopted Odoo wholeheartedly, and why?
Let’s find out!
Top Industries Where Odoo is Famous
Odoo CRM and ERP platform is one of the most renowned solutions we have today. As per Statistics, Odoo is used by about 52,887 live websites. It ranks in 11th place amongst the open-source ERP and CRM software present in India and in 17th over the entire web.
While the popularity of Odoo’s business suite is evident, let’s look at the industries that use this platform the most from the following table.
|Computer electronics & Technology||6.71%|
|Business & consumer services||1.11%|
|Science & Education||1.48%|
Odoo is popularly becoming people’s choice as a celebrated CRM and ERP solution. The above table mentions some of the popular industries where implementation of Odoo is immense and their popularity percentage according to a report.
Not only these but there are many other industries that have adopted Odoo because of its flexibility and scalability.
- Manufacturing or machinery.
- Real estate.
- Education industry.
- Healthcare or hospitality industries.
- Service sector.
- Energy sector.
These are some of the most popular industries that have seen their fair share of profits and improvements with Odoo development and implementation. Some of the renowned companies using Odoo are –
|Company Name||Company size||Industry|
|Medisafe||50 – 200||Healthcare|
|Cubiks Ltd.||200 – 500||Service-based industry|
|UpSnap Inc.||10 to 50||Marketing|
|CAM Logic INC.||10 – 50||Software and technology|
|Quanam||200 to 500||IT and technology|
These are just a few renowned names that are using Odoo to improve their business processes, enhance their strategy, and spike up their conversion rate.
Now that we have talked about how Odoo is popular in many industries, let’s discuss the reasons.
Why Odoo is Popular in These Industries?
1. Simplified business management
When you run a business, there are multiple areas to manage. For instance, sales, marketing, HR management, finance, inventory, purchase, etc. And to carry out numerous operations in these sectors, business units may need separate apps.
While the separate apps work efficiently to manage and automate various operations of that sector, it becomes difficult to manage multiple applications and communicate with them. But, Odoo’s model-based design makes it possible for users to use various applications with ease.
2. Advanced tools
Running a business is no easy task. There is an immense number of tasks that one has to accomplish in real time for the business operations to work seamlessly. With custom Odoo development, you can achieve all of that and more.
Here, look at some of the advanced operation tools that Odoo extends to its users.
- Drop shipping – The feature allows business units to arrange product delivery from the supplier itself without requiring any warehouse. The entire process can be well managed with Odoo.
- Lead enrichment – Acquiring valuable information about potential leads and customers from reliable sources is much easier here.
- Barcode integration – Odoo allows businesses to integrate barcodes with their products to ensure more transparency and quick access to product status.
- Cross-docking – Similar to dropshipping, Odoo businesses can get the products delivered directly from the docking terminal.
- Bank reconciliation – The bank reconciliation method compares the generated invoices with the payment amount and ensures the amount is paid in full. It is helpful in detecting any fraudulent transactions.
3. Modern approach
Businesses often can’t match pace with the fast-evolving world and that could be their downfall. But, Odoo is considered to be flexible and modern as it is continuously updated with new features and functionalities.
If you want your business to follow the latest trends and cutting-edge technology, Odoo is an impeccable choice for you.
4. Run numerous sectors of business from a common platform
When you use Odoo CRM and ERP solutions, you get to run multiple sectors of your business from a unified platform. For instance, a business unit runs three separate businesses – wholesale, retail POS, and eCommerce. Odoo allows them to use a single platform with a unified view to run their business.
They get to use a centralized database and inventory to keep track of the product status, and inventory status, and manage the three businesses efficiently.
These are some of the reasons why many industries now prefer Odoo as their ERP and CRM solution. It has multiple products and can ensure they gel nicely with your existing business setup.
To ensure greater implementation results, one should avail of Odoo development services. The professional help can further add to the experience.