Panaya

SaaS solution prevents system disruptions before they happen

 RAANANA, ISRAEL, 10 September 2007 - Panaya, Inc., a provider of on-demand impact analysis for SAP systems, today announced the launch of its ramp-up program. Panaya’s SaaS (software as a service) solution will enable SAP-run enterprises to revolutionize their approach to change and configuration management. Panaya examines the entire SAP system to find what has been affected by configuration changes and collates it for change committees and IT managers to review and correct before releasing the transport to QA and production.

SaaS solution prevents system disruptions before they happen

 RAANANA, ISRAEL, 10 September 2007 - Panaya, Inc., a provider of on-demand impact analysis for SAP systems, today announced the launch of its ramp-up program. Panaya’s SaaS (software as a service) solution will enable SAP-run enterprises to revolutionize their approach to change and configuration management. Panaya examines the entire SAP system to find what has been affected by configuration changes and collates it for change committees and IT managers to review and correct before releasing the transport to QA and production.

"We enable SAP professionals to examine the effects of their customization changes across the ERP system, and not per specific application or module,” said Yossi Cohen, CEO and founder of the company. “Like Google’s search engine, the web-based Panaya application crawls a company's custom code and reports on the impact of proposed change requests on the system.”

The private ramp-up program will be followed by a European ramp-up next month. Yossi Cohen said, “The interest in the ramp-up has been tremendous. As we are currently fine-tuning the product, we have chosen a selection of the hundreds of applications to participate in the private ramp-up. The select companies will join Panaya’s design partners, including several industry leaders, to play an active role in the ramp-up.” He continued, “Next month, we will extend the ramp-up to include general availability for our European customers. This will be followed by a U.S. ramp-up early next year.”

 "Panaya’s software can tell you what exactly in your system will be affected before you authorize that change," said Moshe Molcho, the company's chief operating officer. “Panaya does not take the place of the SAP professional. What is does is to make their work better – more focused and effective. And managers now have the capability to conduct an on-demand check before the changes are transported to production,” he continued.
 

Panaya is the first company in this market niche, using the SaaS business model on a subscription basis. During the ramp-up program, the on-demand application will be free for users.

 About Panaya

 Panaya’s on-demand impact analysis solution identifies the impact of customizations changes to functional behavior of SAP solution-based systems by automated analysis of SAP code and configuration. Panaya has been tested and certified by the SAP Integration and Certification Center. Panaya’s on-demand architecture provides customers with practically zero time-to-value, clear and controllable ROI, a cash-flow friendly subscription payment model, and has no overhead on IT resources.

Panaya was founded in 2005 by Yossi Cohen, a leading expert in the field of program comprehension and flow analysis. An entrepreneur with over 20 years of software experience, Cohen previously founded Alexandria, which was acquired by BluePhoenix Solutions. Panaya is backed up by two leading venture capital funds: Benchmark Capital and Gemini Israel Funds.
 

For more information, see http://www.panayainc.com  or contact This e-mail address is being protected from spambots. You need JavaScript enabled to view it or call (650) 557-2150 to set up a meeting.
 

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