March 23, 2017 3:51 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


Founded in 2005


972 9 761 8000


972 9 746 7901

Key Executives for Panaya Ltd.

Chief Executive Officer
Age: 56
Founder and Director
Chief Financial Officer
Chief Technology Officer
Vice President of Human Resources
Compensation as of Fiscal Year 2016.

Panaya Ltd. Key Developments

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.

Panaya Integrates Security, Performance Impact Analysis into Cloud-Based SaaS Solution

Panaya has broadened its CloudQuality platform to include security and performance code analysis, removing the need for security projects by delivering a process with the security impact correlated to the customer's specific ERP application. The company integrates SAP security experts Virtual Forge's technology to include static analysis of ABAP source code to identify security vulnerabilities in SAP ABAP applications. Panaya's cloud-based SaaS solution works as an objective, data-driven tool to first resolve what is critical to the specific ERP system, prioritizing security issues in relation to the business' ERP criticality.Panaya offers ERP change analytics and cloud-based testing that delivers quality assurance to implement and manage ERP application changes.

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