Market Overview

Panaya Recognized in Independent Report on Value Stream Management Tools

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Panaya included among most significant providers in VSM market, noted
for its ability to modernize SAP app-dev process, as well as empowering
SAP developers with code-quality analytics

Panaya,
the leader in SaaS-based testing and continuous delivery platforms for
SAP, Oracle and Salesforce.com, today announced that it has been
recognized by Forrester as a contender among Value Stream Management
Tool providers in a new report The Forrester New Wave™:
Value Stream Management Tools, Q3 2018.
This recent recognition adds
to an increasingly long list of industry acknowledgements for Panaya,
such as being included in Forrester's
Elevate Agile-Plus-DevOps With Value Stream Management
in
May, as well as receiving an honorable mention in Gartner's
2018 Magic Quadrant for Enterprise Agile Planning Tools
in
April.

In this Forrester Wave report, VSM is categorized as an emerging market.
The report found that "vendors with a vision of empowering teams with
analytics informed by real-world data and flexible planning schemes beat
out those that focus on incremental enhancements within their
traditional domains."

Panaya is recognized as a contender for its Enterprise Agile Delivery
(EAD) solution – Release Dynamix (RDX). The solution delivers actionable
insights, such as providing SAP developers with code-quality analytics
that measure delivery impact and risk. Forrester also noted Panaya RDX's
ability to provide application development and delivery (AD&D) leaders
easy to understand visualizations and useful guidance on risk assessment
and maintaining compliance.

The report notes that Panaya can modernize SAP app-dev processes, and
that its "customers praised its ability to link requirements to defects
to gain better visibility into the overall value stream with charts and
data visualizations that help them manage and reduce risk."

With built-in risk mitigation dashboards, enterprise organizations can
truly shift left and are better equipped to mitigate risk by leveraging
deep visibility into impact analysis, code-quality review, risk-based
testing and real-time risk analysis

With more than 15 years' experience, Panaya is one of the few
Agile-specific planning tools on the market tailored to support SAP for
enterprise organizations including Mercedes-Benz, Ralph Lauren, Loreal,
IATA, Allianz and more.

"Forrester's latest evaluation offers important insights to AD&D
leaders, so they can make more informed decisions about how they can
improve and manage their software development pipeline," said Rafi
Kretchmer, chief marketing officer at Panaya. "We are pleased to be
recognized by Forrester and to be considered a VSM contender. I believe
that this report highlights our efforts to create a solution that not
only meets our customers' needs – saving both time and money while
benefiting from greater transparency and control, but our mission to
improve and modernize the overall app-dev process."

Panaya Release Dynamix (RDX)

Panaya helps businesses gain the value from VSM with Release
Dynamix (RDx)
an EAD solution that enables enterprises to adopt
modern Application Lifecycle Management (ALM) and quickly and safely
deliver application changes from ideation to realization. From initial
business change request through to testing and production, RDx offers
end-to-end visibility and removes the risks associated with
business-critical application delivery by aligning complex, IT
organizations around key objectives.

Learn more about scaling Agile in the enterprise and VSM by signing
up
for an upcoming live webinar with Panaya and guest speaker, Diego
Lo Guidice, VP and principal analyst, Forrester on Achieving Agile in
the Enterprise: from dream to reality on Thursday, September 13th, 4PM
GMT/11AM EST/8AM PST.

For more information on Panaya and its products, visit www.panaya.com

About Panaya

Panaya, an Infosys company, enables organizations to accelerate
application change and continuously deliver innovation with its
Enterprise Agile Delivery Platform. Panaya provides cloud-based
application delivery, and testing solutions that ensure collaboration
between Business and IT. Enabling enterprise agility with faster release
velocity and uncompromising quality, Panaya delivers an optimized user
experience with end-to-end visibility of the application lifecycle.
Since 2008, 2,000 companies in 62 countries, including a third of the
Fortune 500, have been using Panaya to deliver quick quality change to
enterprise applications.

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