Odoo V8 is a major upgrade. With Odoo V8 OpenERP is moving into new territories, beyond ERP. Odoo V8 released an open source CMS, a disruptive eCommerce and a Business Intelligence.
OpenERP 7.0 is a major upgrade and a new Long Term Support release. OpenERP is one of the most well-known open-source ERP solution that exists today. OpenERP is an open source alternative to SAP ERP, Oracle E-Business Suite, Microsoft Dynamics, Netsuite and other enterprise resource planning software.