No other company in our industry has optimized a number of ERP systems even close to what we’ve achieved in such a short time, which is exactly the vote of confidence we need to expand our product offering and market reach
Menlo Park, CA (PRWEB) July 11, 2011
The largest ERP Upgrades and Test Automation SaaS provider, Panaya, announced today that it has recently reached a milestone of being used on 2,000 unique instances of ERP systems for SAP ERP 6.0 upgrades, support packs and testing, as well as Oracle EBS R12 upgrades.
Panaya’s software-as-a-service helps companies reduce the cost of running SAP ERP and Oracle EBS by 80% by automating upgrades, testing, and maintenance. Panaya’s cloud-based supercomputer is the backbone of Panaya’s SaaS solution, simulating upgrades by running ERP customers’ custom code on the target release, showing them what will break and what to test. Having helped hundreds of customers like Mercedes-Benz, The Home Depot, Sony, and Bosch on their SAP ERP upgrade and support pack projects, Panaya recently signed up Oracle EBS customers.
Having started commercial sales in late 2008, it took Panaya less than three years to reach these milestones, making it the most widely-used standard for ERP upgrades and test automation:
- 2,000 ERP systems analyzed for automating ERP upgrades, support packs, and testing
- 12+ million custom objects identified and analyzed
- Over 30,000 automated test scripts created (most likely making it the world’s largest SAP test library)
“Our last quarter, like all our previous quarters since our sales launch, broke our record of revenue per quarter,” said Yossi Cohen, Panaya’s CEO. “Market acceptance of our upgrade and test automation solution has been astonishing. Our timing proved right, as enterprise customers are fast-accepting SaaS solutions that integrate with their on-premise ERP systems and are continuously looking for solutions that optimize their ERP landscape. No other company in our industry has optimized a number of ERP systems even close to what we’ve achieved in such a short time, which is exactly the vote of confidence we need to expand our product offering and market reach.”
Panaya’s product offering, initially used for automating ERP upgrade projects, is now being used to optimize and automate support packs, enhancement packs, testing, and day-to-day changes in ERP systems for SAP and Oracle customers.
Panaya's software-as-a-service helps companies that use SAP or Oracle reduce 80% of their ERP upgrade and testing risk and effort. Utilizing a cloud-based supercomputer, Panaya simulates the upcoming upgrade, automatically pinpointing which custom programs will break as a result of the upgrade and automatically fixing most of these problems.
Panaya’s testing solutions dramatically expedite ERP testing and eliminate the need for manual test script maintenance. Seamlessly capturing business knowledge in the background, as users work with the ERP applications, Panaya automatically generates plain-English test scripts that are rapidly executed and continually self-adjust based on test results.
For further information visit the Panaya web site at http://www.panayainc.com.