what is openbravo

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What is openbravo? Openbravo is a commercial open-source software company. The head office of Openbravo S.L. is located in Pamplona, Spain. A sales office is located in Barcelona. The company is responsible for the development of two products: Openbravo ERP and Openbravo POS. For the worldwide distribution and implementations of its software, Openbravo relies heavily on its partner network. [2]  The company is a member of the Open Solutions Alliance, a non-profit organization working for open-source standardization. [3]  Openbravo is three-time winner of  Infoworld's Bossie award for best open source software application for Openbravo ERP, last awarded in August 2011. [4] History Openbravo's roots are in the development of business administration software which was first developed by two employees of Engineering School Tecnun of the  University of Navarra, Nicolas Serrano and Ismael Ciordia. They were both involved in the mid 1990s in developing the management of the university. They used emerging Internet technologies while doing their work, and subsequently introduced a new approach for web applications. Their concept was realized in a new company called Tecnicia, which was founded in August 2001 by Serrano, Ciordia, and Aguinaga. In 2005, two management consultants, Manel Sarasa and Josep Mitjá, were asked by a venture capital company to evaluate Tecnicia and prepare a business plan for its evolution. In 2006, the two consultants joined Tecnicia as the CEO and COO respectively. Around the same time the Spanish investment company Sodena invested 6.4 million USD in the further development of the company. In 2006 the company is renamed Openbravo. In 2007 the company announces the acquisition of LibrePOS, a web-based Point-of-Sale (POS) application for retail and hospitality businesses. LibrePOS is then rebranded to Openbravo POS. In May 2008 Openbravo attracts three more investors, Amadeus (UK), GIMV (Belgium) and Adara (Spain) for a second investment round totalling 12.5 million USD. [5]  This investment launches Openbravo as one of the leading open source companies with substantial resources to further develop its products and services Openbravo ERP Openbravo ERP is a web-based ERP business solution for  small and medium sized companies that is released under the Openbravo Public License, based on the  Mozilla Public License. [1]  The model for the program was originally based on the Compiere ERP program that is also open source, released under the GNU General Public License version 2. The program is among the top ten most active projects of Sourceforge as of January 2008. [7]  Using Openbravo ERP, organizations can automate and register most common business processes. The following processes are supported: Sales, Procurement, Manufacturing, Projects, Finance, MRP and more. [8]  Numerous commercial functional extensions are available on the Openbravo Exchange which can be procured by users of the Professional Subscription version of Openbravo ERP . [9]  This paid-for version offers additional functionality compared to the free Community Edition (such as: integrated administration tools, non-technical tool for updates and upgrades, access to Openbravo Exchange and a Service Level Agreement ). Characteristic of the Openbravo ERP application is the green web interface through which users maintain company data in a web-browser on their PC or PDA. [10]  Openbravo can also create and export reports and data to several formats, such as  PDF and Microsoft Excel. 

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