October 20, 2017 9:35 PM ET

Internet Software and Services

Company Overview of Panaya Ltd.

Company Overview

Panaya Ltd. provides cloud-based quality management solutions for enterprise applications worldwide. Its solutions include change impact simulation, automated code remediation, collaborative test management and test-execution, and ALM acceleration. The company’s Software-as-a-Service solutions enable companies to save their information technology applications lifecycle costs and minimize the risks associated with system changes. Panaya Ltd. was formerly known as ChangeSoft Technologies. The company was founded in 2005 and is based in Ra'anana, Israel. As of March 5, 2015, Panaya Ltd. operates as a subsidiary of Infosys Limited.

14 Hacharoshet Street

Ra'anana,  4365707

Israel

Founded in 2005

Phone:

972 9 761 8000

Fax:

972 9 746 7901

Key Executives for Panaya Ltd.

Chief Executive Officer
Age: 57
Founder and Director
Chief Financial Officer
Chief Technology Officer
Vice President of Human Resources
Compensation as of Fiscal Year 2017.

Panaya Ltd. Key Developments

Panaya Launches Release Dynamix

Panaya announced the availability of Release Dynamix, Panaya's cloud application lifecycle management (ALM) solution which enables rapid high quality software delivery by accelerating and validating all phases of change delivery from conception through validation, for complex hybrid IT environments. With Release Dynamix (RDx), the complexity and bottlenecks inherent to application change are removed, allowing customers to realize the benefits of agile and continuous delivery within the context of enterprise applications. RDx provides a holistic and integrated environment that enables collaboration with all stakeholders involved in the business process. Organizations can now rollout innovations and extensions rapidly, with minimal risk, meeting user expectations and driving the business forward with: Project and Portfolio Management; Requirements and Release management; Test Management; Test Automation & Acceleration; Defect Tracking; Real-time risk analysis; APIs and Integration with leading third party solutions.

Cosmetics Company Shiseido Uses Panaya to Tackle IT Transformation Project

Panaya announced that Shiseido is using Panaya Test Center to undergo a major IT transformation project. To date, using Panaya, Shiseido has already completed an ERP migration that took only five months, with User Acceptance Testing throughout its entire European division taking only five weeks. Panaya Test Center  delivered test acceleration and offered Shiseido a more efficient way to manage the business process testing from an end-to-end perspective.

Panaya Announces the Availability of its Next Generation Testing Platform - Panaya Test Center

Panaya announced the availability of its next generation testing platform - Panaya Test Center. Panaya Test Center is an integrated end-to-end testing platform designed for ERP, covering the entire functional testing spectrum including Unit Testing, System Integration Testing, Regression Testing and User Acceptance Testing. Panaya Test Center was designed from the ground up for business process testing of SAP and Oracle systems. Panaya Test Center provides a comprehensive yet simple way for functional experts and business users to perform all their testing activities faster and reduce overall testing expenses by 30%. Panaya Test Center provides a 100% SaaS solution, delivering easy on-boarding, a smart dashboard for increased control and visibility, and effortless documentation of test evidence. Panaya Test Center is intuitive and easy to use with simple onboarding, enabling quick adoption by business users. By removing all the overhead involved in testing for a casual tester, ERP customers will enable their key users to focus on their testing activities and gain in productivity. Additionally, Panaya Test Center accelerates User Acceptance Testing cycles with bottleneck prevention via Panaya system-wide defect management.

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