Paving Way for a Technology Revolution

The growth and development of technologies have always been exponential and led to wonderful results. But lately, one of the technologies, the Internet of Things, is gaining a lot of fame and many are expecting to grow to be transformational.

Internet of Things is the idea of connecting all the devices to the internet and enable information exchange to automate various processes and make better decisions.

Applications of Internet of Things in daily Life

  • Connected Cars

    While connected cars do not sound impressive, the implications are much more than transformational. Imagine how great it would be if all the cars traveling on the road can share information about each other and what they see.

    That is, if the car going in front of the traffic identifies a roadblock or something that requires the vehicle to take a detour, it will pass the message to all the cars about the block. This prompts the other cars to reroute effectively saving the time of everybody.

    It also tries its best to keep the traffic in motion and reduce congestion.

  • Super Smart Homes

    When all the home appliances become a part of the Internet of Things, a lot can be achieved.

    For example, if you had forgotten to turn off your AC or any other appliance, identifying the absence of members in the house, the IoT will instruct the devices to shut down immediately.

    If it is connected to your car, it calculates the distance and time taken for you to reach home and adjust the temperate accordingly to make it cozy for you.

    Connected to kitchen appliances, the IoT can even turn on your bread toaster or oven to cook and to quench your gastronomical thirsts as you enter the home.

  • Smart Wearables

    Smart wearables are highly in demand and are already saving lives. One of the smartwatches detected a heart problem in a 79-year-old man and it turned out to be true when consulted with the doctors.

    Smart wearables — watches, bands, or whatever is the name of the device — always remain by the side of humans gathering data such as heartbeat and temperature to identify anything and everything that can be termed as harmful to health.

  • Smart Cities

    Smart cities are well-connected cities where every one of its necessity is taken care of by the IoT. Let it be water management, surveillance, energy management, security, or even environmental monitoring — everything is attended with the help of sensors and the internet.

    Smart cities greatly reduce the basic administrative constraints such as the distribution of water and waste management, allowing human power to focus on better aspects such as construction and infrastructure.

  • Smart Agriculture

    With the help of drones and sensors, agriculture can be made much more productive and lucrative. The IoT-enabled devices can monitor the crops, pest growth, infections, and everything that concerns the yield to alert the farmers beforehand.

    It can also provide insights into the type of crops to plant depending on the expected climate, rainfall, and soil conditions.

This is but a speck of what IoT can do. The Internet of things can be applied to all industries and change the way things work. Retail, healthcare, fleet management, poultry, real estate, and whatnot.

But again, as IoT transforms the business, it attracts hackers and anomalies to enter through the cracks of the system. With the right security, the Internet of Things is just the tech we need to transcend.

OdOO ERP, benefits and future

What is the Odoo ERP system?

On-Demand Open Object (or Odoo) previously known as Tiny Enterprise resources planning (ERP) and OpenERP was founded by Fabien Pinckaers in the year 2005. Since its release, Odoo has been one of the fastest-growing organizations with around 16,000 applications/modules in the marketplace.

Odoo is a business software embedded with various features within itself. Listed under ERP systems, Odoo allows the user to build websites and manage online operations using the cloud. Its user-friendly drag and drop editor makes it easier to manage loads of content.

A few of the features offered by the Odoo ERP are –

  • Website applications
  • Sales applications
  • Finance applications
  • Operations applications
  • Manufacturing applications
  • Human resources applications
  • communication applications

Odoo ERP has the ability to handle various activities at a time and even automate sending and receiving invoices. Its user-friendly interface allows the user to organize the shop as per their own requirements including their personal choice of colors and sizes.

Odoo’s ability to integrate with various e-commerce platforms allows the user to reach and interact with multiple potential customers at a time and track pending shipments. This ERP also supports various gateways including PayPal, Buckaroo and Stripe, enabling the user to send automatic reminders to customers with pending payments.

Odoo currently has two versions – the community version and the enterprise version. The community version is the open-source version while the enterprise version comes with extra proprietary features and services along with the community version.

Benefits of the Odoo ERP system

Being an open-sourced software, various organizations and freelancers are able to develop Odoo applications and modules based on their requirements and choices. However, users skilled in open source technologies are able to modify Odoo’s source code as per their requirements. Furthermore, Odoo also provides various default features including sales and accounting.

Odoo’s extensible architecture acts as a boon to many small and medium-sized organizations. The Odoo framework consists of more than 30 crore applications/official modules and around 5000 community modules.

The user can place their modules and applications in the marketplace for sale and even allow it to be downloaded by the client for free. Apart from the default modules, Odoo has around 14,000 third-party applications and plugins available in its marketplace. Most of the applications are custom-built based on the user and client needs, making Odoo one of the most widely used open-source ERP systems in the market.

A few of the reasons why the Odoo ERP system is gaining popularity in the market are –

  • Open-source software
  • Flexibility
  • Scalable
  • Ready-made custom applications
  • User-friendly interface
  • Ability to easily integrate with third-party applications
  • Highly modular
  • Industry-specific modules
  • Reduced implementation cost
  • Reduced implementation time frame

However, despite all the benefits and features provided by Odoo ERP system if the user is inexperienced in modifying and customizing the modules it may lead to unexpected losses.

A few of the developer skills a user requires to customize/modify Odoo modules are –

  • Knowledge in API framework
  • Proper expertise in web technologies including XML, CSV, HTML, CSS and javascript
  • Knowledge in Python
  • Expertise in Postgresql
  • Testing skills

A few of the techno-functional skills a user requires to customize/modify Odoo modules are –

  • Knowledge of Odoo app store
  • Proper parsing and feasibility analyzing skills
  • The ability to assess business expansion
  • Collaboration capacity with clients and developers
  • Business functional knowledge

Furthermore, Odoo provides a list of default features for the users who are inexperienced and lack the developer and techno-functional skills to customize/modify Odoo modules. The users can just install the software package and straight away start using Odoo’s default features and modules.

A few of the Odoo ERP system’s default features are –

  • Point of sale
  • Accounting
  • Human resources
  • Project customizations and management
  • Billing
  • Manufacturing
  • Inventory

The user’s in-depth knowledge of Odoo ERP’s business solutions allows them to offer the following services to the customers –

  • Installation, configuration and customization
  • Consulting
  • Training support
  • Maintenance
  • Documentation
  • Upgradation
  • Modifying community modules
  • Smart applications development
  • Drafting videos on-demand

Future of the Odoo ERP systems

Odoo ERP is gaining popularity among the organizations and freelancers using the ERP software. The main reasons include its open-source software and considerably developed community. Records state that in Odoo ERP marketplace, it had over 1000 installations per day and has been increasing at a considerable rate since then. As of 2017, around 2 million users have been using Odoo ERP systems.

Odoo uses Python, a high-level object-oriented programming language, allowing it to hold a huge advantage over its competitors. This ERP system’s development impacts thousands of users worldwide – helping them with their business management.

A few of the reasons leading to the increase in Odoo ERP system’s popularity –

  • A great community
  • An increase in job opportunities
  • Unique and exciting projects
  • Career advancements

Odoo ERP system developers have stated that they will be releasing the following features in the upcoming version Odoo 13 releasing later this year –

  • Odoo Bank
  • OCR
  • Accountant as a service
  • Integration with requirement
  • Internet of Things
  • Enhancement in stock management
  • Improvement in the maintenance application
  • Track positions
  • Record attendance
  • Industry focus

Odoo ERP: The Fast going business solution

Odoo ERP is developed in Python and has its own open-source infrastructure called the OpenObject framework. This framework holds around 30 core modules to handle its functions and over 3000 community modules that help to extend its core functionality. Depending on the client’s needs, the user is able to utilize these modules and build their own custom applications.

A few of the enterprise-level modules offered by Odoo ERP are –

  • Sales
  • Project management
  • CRM
  • manufacturing
  • Purchase
  • Warehouse management
  • Billing
  • Accounting
  • Inventory

ERP is considered as the backbone of many businesses and stands as a key tool for managing multiple tasks from the business life cycle at a time. The user is able to manage all the processes in a single interactive database management system with a dashboard and built-in analytics.

With over 10,000 applications and modules in its marketplace, Odoo ERP covers a user’s business requirements completely. ODoo ERP and the applications are totally integrated with each other, making it easier to automate a user’s business processes. Having the ability to support the modules and applications of various businesses including the fashion industry, hotel management, eCommerce, trading, manufacturing and education, Odoo ERP stands out from the rest, covering all the needs of a business.

The advantages of using Odoo ERP are –

User-friendly –

Despite having little knowledge about coding and computer languages, Odoo ERP’s user-friendly interface helps the user to manage their business using its default modules. Its drag and drop editor makes it easier while managing various content at a time.

Customization –

Odoo ERP offers the user a high degree of customization based on their business requirements. Its main advantages also include allowing the user to change the shape and color of their custom-built modules as per their needs in order to draw maximum efficiency and productivity.

Faster implementation –

Odoo ERP provides the user with the ability to implement multiple modules at the same time depending on the business requirements. It acts as a one-stop package for any small and medium-sized businesses.

Open-source and license-free –

Licensing costs often stand as a huge disturbance for numerous organizations. Being open-source and license-free software, Odoo ERP makes it cost-effective for its users to continue with their business. The ERP software plays a major role in managing business operations, especially when the organization is in its expansion phase. Most companies tend to use this platform for developing and fulfilling major requirements of their business free of cost.

One-stop solution for all business needs –

A few organizations use multiple software to manage sales, marketing, human resources, manufacturing, inventory and beyond. But Odoo ERP enables the user to integrate all the modules on a single platform, making it easier to run a business. Eventually, enabling the user to focus more on productivity and implementation.

Transparency –

Data can be shared easily within the organization with a few clicks, instead of each department having to hold their own information system, leading to a hike in the expense. Odoo ERP enables the organization to allow all the relevant data to be shared between various departments, eventually reducing the time consumption, expenses and increasing productivity. Owing to the transparency within the platform, the companies are able to detect any potential issues hindering the productivity level.

Real-time data and business insights –

The real-time data provided by Odoo ERP enables the user to make vital decisions on time leading to a drastic change in time consumption. With the required real-time data in hand, the organization is able to respond quickly to a changing environment. As a result, business leaders are able to make decisions with greater peace of mind.


Every organization holds a common objective – to run a profitable business solution. Their business actions revolve around maximizing their profits and increasing the revenue while limiting their expenses eventually bringing them to one ultimate goal – drawing maximum returns using minimal investment.


An ERP software tool comes with various management functions that cater to different business segments. The ERP tool assists a user to keep a note of the sales, reduce operational costs, reducing resource wastage, managing their workforce and maintaining a healthy relationship with all the clients. Being open-source and license-free, Odoo ERP helps the organization to achieve its targets in a cost-effective method.

A few of the management functions that an ERP tool caters are –

  • Human resource
  • Marketing
  • Sales
  • Accounting
  • Purchase
  • Customer relations
  • Managing the warehouse

Odoo is one of the most used and most popular ERP owing to its community’s constant contributions. Secondly, due to its Python core, the user is able to configure and tailor the system as per the client’s specific requirements even after implementing the module.