11 Jul 2011 Menlo Park - The largest ERP Upgrades and Test Automation SaaS provider, Panaya, 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:
"Our last quarter, like all our previous quarters since our sales launch, broke our record of revenue per quarter", stated 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.