Panaya Adds Over 200 New Clients Within a Year, Supporting Digital Transformation

BANGALORE, India and PALO ALTO, California, May 5, 2016 /PRNewswire/ --

Panaya's platform releases testing "bottlenecks" for ERP agility 

Panaya, an Infosys company, announces the addition of over 200 new clients since being acquired by Infosys in March 2015. Panaya's next generation SaaS platform Quality Suite (PCQ) enables faster changes and continuous improvement of ERP systems, releasing testing bottlenecks that hinder ERP agility, supporting the organizations' digital transformation.

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Doron Gerstel, Panaya's CEO, says, "Panaya's growth goes hand-in-hand with organizations' growing challenge to keep up with the pace of business while ensuring certainty and quality of their ERP. The need for ERP agility magnifies the complexity of ERP in times of digital transformation."

Panaya's next generation SaaS platform quality suite (PCQ) is using analytics and crowd-wisdom engines based on interrogation of over 30,000 ERP landscapes. The platform is constantly "learning" the ERP vendor code as well as the organization's code, which allows for faster changes and continuous improvement of ERP systems. Since testing and specifically UAT becomes the new bottleneck for ERP agility, PCQ also includes the ability to manage the testing process and collaborate effectively between IT and business stakeholders along the release process. This accelerates testing process, increases automation potential and ensures client organizations test and fix only what is necessary yet miss nothing. With Panaya, organizations reach ERP agility faster - with zero time to change, zero risk, and zero defects. The result is increased rate of change with minimal risk and defects.

"The move to ERP agility also means that we need to look differently at how we handle UAT since it is becoming the new bottleneck of digital transformation," said Sebastian Hebert, Technical Director, Shiseido. "Panaya is like a light in the darkness. We all of a sudden have the visibility of what we need to test and the confidence that we can share this with the business users. We know the impact precisely, something we never knew in the past."

Panaya Highlights 

• Since April 2015, an additional 200 organizations have deployed Panaya technology. Overall 1600 organizations use Panaya
• Since 2006, Panaya has been deployed in over 9,000 projects with zero defects after go-live
• Overall 33,000 ERP landscapes have been analyzed, creating the largest data set in the industry from which the system can learn
• Among Panaya's customers are Mercedes-Benz, Volvo, Coca Cola, Walmart,  AirFrance and more
• Panaya is part of the new Infosys Mana artificial intelligence platform, enabling clients to have systems automatically sense, adapt and fix issues within their ERP systems

About Panaya 

Panaya CloudQuality™ Suite disrupts the risk, time and costs required to deliver all types of SAP® and Oracle® EBS changes. We are passionate about the need to make your ERP more agile and align it with your business. Powered by big data analytics and aggregating since 2008, Panaya CloudQuality™ Suite delivers insights that tell you what will break, how to fix it and what to test. It is constantly improving and finding smarter ways to perform everything from day-to-day maintenance to major projects. 1,220 companies in 62 countries, including a third of the Fortune 500, use the Panaya CloudQuality™ Suite to enhance and maintain their enterprise apps without skipping a beat. To learn more about ERP agility as an enabler in times of digital transformation, go to http://go.panaya.com/erp-agility-as-an-enabler-in-the-era-of-digital-transformation.html.

About Infosys 

Infosys is a global leader in consulting, technology, outsourcing and next-generation services. We enable clients in more than 50 countries to stay a step ahead of emerging business trends and outperform the competition. We help them transform and thrive in a changing world by co-creating breakthrough solutions that combine strategic insights and execution excellence.

Visit http://www.infosys.com to see how Infosys INFY, with US$ 9.5 billion in LTM revenues and 194,000+ employees, is helping enterprises renew themselves while also creating new avenues to generate value.

Safe Harbor 

Certain statements in this press release concerning our future growth prospects are forward-looking statements regarding our future business expectations intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2015. These filings are available at http://www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. Any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of this date. The company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the company unless it is required by law.

SOURCE Infosys