OpenERP SA 1 XAVIER PANSAERS V P G LO B A L S A L E S OpenDays 2013 04/07/2013 “The first steps to becoming a really great manager are simply common sense; but common sense is not very common.” Gerard Blair; Writer “Growth does not always lead a business to build on success. All too often it converts a highly successful business into a mediocre large business.” Richard Branson; CEO Virgin 2 Ambition BE the Global Leader in the Emerging Business Apps Market for SMB’s 3 Mission Address SMB’s Complex Business needs with Simple and Affordable Solution 4 HOW? By Breaking the existing rules of Erp’s Market : • • • • Leverage the power of an Open Source Model Make Business Applications accessible to any logo Transform ERP into a modular business applications Change the user experience by making the software truly intuitive 5 OPENERP Path 7 2005 3 employees 8 2014 275 employees 9 3,000,000 + Users 10 550 + Partners Fast Growing Base of Qualified Partners Global Network 11 110 Countries Where OpenERP Bills Thank to our Partners 12 300 Universities Both IT Cursus & Management Cursus 13 3360 + Applications 14 15 950 Inbound Leads Daily 16 1549 % Revenue Growth 17 4 18 11 /2013 Launch of Asia Subsidary In Hong Kong OpenDays 2013 19 30 New Partners monthly 21 32 Translations Thank to the community 23 04/07/2013 300 % Recurring Revenue Yearly OpenDays 2013 24 04/07/2013 0.00 OpenDays 2013 25 Apr 2013 Mar 2013 Feb 2013 Jan 2013 Dec 2012 Nov 2012 Oct 2012 Sep 2012 Aug 2012 Jul 2012 Jun 2012 May 2012 Apr 2012 Mar 2012 Feb 2012 Jan 2012 Dec 2011 Nov 2011 Oct 2011 Sep 2011 Aug 2011 Jul 2011 Jun 2011 May 2011 Apr 2011 Mar 2011 Feb 2011 Jan 2011 OpenERP Enterprise Monthly Revenue 180000.00 160000.00 140000.00 120000.00 100000.00 80000.00 60000.00 40000.00 20000.00 04/07/2013 1500 Users Trained 2013 26 04/07/2013 OPENERP 8 A major turning point towards an ERP Integrated Suite of Applications… Powerfull in any business case … An efficient and productive usability… A series of new features like Website builder; Ecommerce, etc A suite of social applications… OpenDays 2013 27 04/07/2013 4 Of the biggest NGO’s 29 04/07/2013 1 World Leader in Fresh Food Products 30 04/07/2013 1 World leader in strategic consulting for C-level 31 04/07/2013 # Users 5-50 50-500 500+ EDUCATION UTILITIES GOVERNMENT TELECOM DISTRIBUTION MANUFACTURING HEALTHCARE SERVICES AND OpenDays 2013 OTHERS… 32 04/07/2013 US Launch How to negociate the long , slow ramp of death … 34 04/07/2013 Thank you ! 35 X AV I E R PA N SA E RS O P E N E R P V P G LO BA L SA L ES 04/07/2013 Strategy OpenDays 2013 36 04/07/2013 OpenERP has Already Established Itself as the Leading Open-Source ERP 37 OpenERP has Already Established Itself as the Leading Open-Source ERP 04/07/2013 OpenDays 2013 OpenERP Relies on a Global Network of Partners 38 04/07/2013 OpenDays 2013 Go to Market Strategy A Dual Direct & Indirect Apporach 39 Indirect • Today’s network is under-sized compared to addressable market • 100% built inbound (1,000+ requests each month 20+ accepted partners) • Many partners create a dedicated OpenERP activity that generates >50% of total turnover Direct • This channel has started to be developed in 2012 and addresses smaller clients • ‘QuickStart’ approach: standard product that included OpenERP service • OpenERP seeks to develop an international reach with the direct ‘QuickStart’ approach 04/07/2013 OpenDays 2013 A very capital efficient Model 40 Differentiated Product High ROI S&M • Product is ergonomic, easy to customize and to deploy • As many features as leading vendors • Pricing strategy adapted to the market the Company addresses • Collaborative development with an experimented community • Limited marketing efforts so far (client base mostly built inbound) • Fast-growth of qualified partners’ network with a strong international footprint • Promising Direct Channel monetization through Quick Start approach to better reach smaller clients Scalable & High Margin product • Global Resources pool allows to keep costs down • Product is stable • Scalable migration services 04/07/2013 OpenDays 2013 Business Orientation Landscape 41 A A. Large ERP Vendors Product Scope Differentiated positioning • Distribution on premise • Proprietary Software B. Vertical Applications Vendors B • Cloud/SaaS offers • Proprietary software • Independent applications for specific verticals (CRM, HRM, Basecamps …) Flexibility 04/07/2013 OpenERP successfully positioned itself within a high-value and competition-free area OpenDays 2013 A huge opportunity to be seized on SMB Segment (1) 42 04/07/2013 OpenDays 2013 A huge opportunity to be seized on SMB Segment (2) 43 A less Competitive Pressure at the Bottom of the Pyramid Large enterprises market is saturated with large vendors’ on-premise offers Cloud specialist target Medium businesses Small business are barely addressed by current players SMBs represent c.200 millions companies with c.1 billion employees to address Low Penetration amoung SMB’s Equipment rate for Small Businesses is estimated <20%, 2.5x less than enterprises (est. penetration: 50+%) Opportunity for OpenERP to provide SBs with more appropriate 04/07/2013 tools and differentiate from competition OpenDays 2013 OpenERP Strong Value Proposition 44 OpenERP has entered a new phase of its development by striving to maximize the value-added for 04/07/2013 the end-user OpenDays 2013 Next Steps to maintain Growth 45 Increase Brand Awareness • Positioning • Manage transition from ERP to business apps • Develop Lead generation programs • Increase visibility through branding actions • Product • Improve product’s performance and flexibility • Leverage the community of contributors • Fill the last lacks in apps offering OpenDays 2013 Improve Lead Monetization • “Aggressive multichannel Go-to-Market strategy” • Indirect Channel • Install Partners ‘hunting’ and ‘farming’ strategies • Reinforce educational programs • Direct Channel • Reinforce Sales Team • Develop QuickStart approach • Accelerate the customer acquisition process Broaden International Reach • New subsidiary in Hong-Kong due to open in 2013 • Accelerate Growth in the US 04/07/2013 Next Steps to maintain Channel Growth 46 INTEGRATORS Solutions Sellers Project Management Customization OpenDays 2013 RESELLERS QuickStart approach Sales Management Standard 04/07/2013 Thank you ! 49 OpenDays 2013 04/07/2013