Leading Analyst Firm Names Panaya "Cool Vendor" in the SAP Ecosystem

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Vendors selected for the “Cool Vendor” report are innovative, impactful and intriguing

Panaya changes the rules by making SAP upgrades safer and more affordable

Panaya, the leading SaaS supplier of SAP upgrade automation, today announced that it has been included in the list of "Cool Vendors" in Gartner’s “Cool Vendors in the SAP Ecosystem, 2010” report by Thomas Otter, Christian Hestermann, Cameron Haight, Derek Prior, and Thomas E. Murphy.

The report, published on March 31, 2010, recommends to “Expand your search beyond SAP's toolset and the large system integrators (SIs) when looking for tools to reduce your SAP life cycle support costs” and “Look to SaaS and virtualization to lower the costs of testing, upgrading, enhancement packs and support pack installations.”

“Many ERP users are struggling to choose between staying on an older release and paying increased support costs or going through a costly and risky upgrade project,” said Amit Bendov, Panaya’s Chief Marketing Officer. “Panaya changes the rules by making SAP upgrades safer and more affordable. We consider our inclusion in the report by Gartner confirmation of our mission to reduce the costs of running SAP applications.”

Panaya's Software-as-a-Service (SaaS) automates SAP upgrades and support packages implementations, cutting the traditional cost by half. In less than 24 hours, Panaya pinpoints which custom programs will break, fixes most of them automatically, and suggests the best test plan. No software is required and setup takes only 20 minutes.

About Panaya:
Panaya's Software-as-a-Service solutions enable companies that use SAP to save up to 50% of their application lifecycle costs and minimize the risks associated with system changes. Utilizing cloud-based simulation to analyze the impact of pending changes, Panaya automatically pinpoints which custom programs will break as a result of an upgrade or support package implementation. Panaya provides a complete solution for managing these changes, explaining how to fix the anticipated issues, suggesting the most efficient test plan, and calculating required project budget and resources.
For further information contact Susan Sullivan at Susan.Sullivan@PanayaInc.com or 617-875-6256 or visit the Panaya web site at http://www.panayainc.com.

About Gartner's Cool Vendors Selection Process:
Gartner defines a cool vendor as a company that offers technologies or solutions that are: Innovative, enable users to do things they couldn't do before; Impactful, have, or will have, business impact (not just technology for the sake of technology); Intriguing, have caught Gartner's interest or curiosity in approximately the past six months.
Gartner's listing does not constitute an exhaustive list of vendors in any given technology area, but rather is designed to highlight interesting, new and innovative vendors, products and services. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness of a particular purpose.

SAP is a registered trademark of SAP AG. SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world.

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Susan Sullivan
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