Axelor

Axelor operates in the enterprise resource planning (ERP) and low-code development markets, offering a hybrid platform that combines a suite of business applications with a low-code/no-code environment. The company was founded in 2005 by CEO Laith Jubair, who, after working as a consultant for firms like Accenture, identified common issues companies faced with IT integration. This experience led him to conceptualize a low-code platform to accelerate the creation of business applications, a project he started in 2013. Axelor officially launched its platform and business apps in 2016, and by 2019, had fully transitioned its business model to focus on this new product.

The company's core offering is an open-source platform that integrates more than 30 business applications, including ERP, Customer Relationship Management (CRM), Business Process Management (BPM), Human Resources (HR), and project management. This allows clients to manage various aspects of their business—from financials and supply chain to marketing and sales—within a single, unified system. The platform is built with a low-code/no-code approach, enabling users to customize applications and automate business processes through a drag-and-drop interface and a BPMN 2.0-compliant engine without extensive coding. This flexibility allows businesses to create tailored solutions that can adapt as their processes evolve. Axelor serves a diverse client base, ranging from small and medium-sized enterprises to large corporations and public sector organizations, including Trenitalia, PSA (Stellantis), and the French Ministry of Justice. Revenue is generated through a dual-license model, offering both a free open-source version and a commercial license that includes additional features and support. In May 2022, the company secured a €10 million Series A funding round to fuel research and development, particularly in artificial intelligence, and to expand its sales and marketing efforts internationally.

The Axelor suite is designed to be modular, allowing customers to start with a single application and add more as needed. Its key features include a visual BPM for process design, a studio for no-code customization, business intelligence tools for data analysis, and over 2,000 connectors for integration with other applications. The platform is full-web, responsive, and accessible via mobile applications for Android and iOS. Specific modules cater to various industries such as manufacturing, services, retail, and non-profits, offering functionalities like production planning, project management, inventory tracking, and financial accounting. For example, the manufacturing module helps manage production orders, while the services module assists with project planning and resource allocation. The integrated accounting system is IFRS certified, supporting international financial standards. Keywords: ERP, low-code, BPM, open source, CRM, business applications, process automation, enterprise software, modular platform, financial management