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词条 Panaya
释义

  1. History

  2. Investors

  3. In news

  4. Awards and recognition

  5. See also

  6. References

{{advert|date=May 2015}}{{Infobox company
| name = Panaya
| logo = Panaya - an Infosys company.png
| logo_size = 222
| logo_caption =
| type = Privately held company
| industry = Enterprise Software
| founder = Yossi Cohen
| area_served = Worldwide
| key_people = Jake Klein (CEO)
| products = The Panaya CloudQuality Suite
| services = Software as a service
| revenue =
| operating_income =
| net_income =
| assets =
| equity =
| members =
| num_employees =
| parent = Infosys
| divisions =
| subsid =
| website = {{URL|www.panaya.com}}
| foundation = {{start date|2006}} in Ra'anana, Israel
| location_city = Hod Hasharon
| location_country = Israel
}}Panaya is an Israeli software company. The company is a subsidiary of Infosys. Panaya's products include Change impact analysis, automated code remediation, collaborative test management and test-execution, and ALM acceleration. Panaya’s service runs on the Amazon Elastic Compute Cloud.[1]

History

Panaya was founded in 2006 as ChangeSoft Technologies by entrepreneur Yossi Cohen and is headquartered in Ra'anana, Israel.[2]

The disruptive technology revolves around the impact analyses of code change, applied in code comparison of Enterprise resource planning (ERP) systems to help reduce the application life cycle cost.[3] A first patent application was filed in 2008, followed by an extension in 2009,[4] and a continuation in 2013.[5]

In 2010, shares of Tamares Group, a private equity investment firm based in Vaduz, Liechtenstein, were acquired by Panaya as part of fundraising round.[6]

In 2012, CGI Group, a Canadian multinational information technology (IT) consulting company, announced the launching of a new Panaya Practice.[7]

In 2013 and 2014, Panaya laid off more than 25% of the company.[8][9] In 2016, Panaya shut down their Israeli-based sales development and moved them to Boston and the United Kingdom and replaced their CEO.[10]

In June 2014, Deloitte and Panaya announced an agreement to provide Oracle E-business Suite customers the ability to reduce the cost and risk of application change projects.[11]

In February 2015, Infosys announced the acquisition of Panaya for a reported $200 million.[12] Prior to the sale, Panaya was in crisis and was on the verge of shut down, after many waves of layoffs.[13] In 2017, whistleblowers alleged that there were issues with the company’s acquisition by Infosys and that top executives of the company had personal interest in acquisition.[14]

Investors

Gemini Partners and Benchmark Capital were the first investors to fund Panaya with $5 million in April 2006.[15]

In August 2009, Panaya secured $5 million funding in a series B investment round led by Tamares Group with the participation of Benchmark Capital.[16]

In June 2010, in a series C round, Battery Ventures, Benchmark and Tamares Group, invested a further $7 million.[17] In September 2010, HPV, the venture capital fund of Hasso Plattner, co-founder of SAP AG,[18] invested $6 million in exchange for company's stakes. Shares held by the Tamares Group, a private equity investment firm based in Vaduz, Liechtenstein, were acquired by HPV together with existing investors Benchmark Capital and Battery ventures.

In 2013, the existing investors, in a series D funding round led by Battery Ventures and joined by Benchmark Capital and HPV, injected an additional $16 million into Panaya.[19] The company has raised $39 million to date.

In news

Infosys on 14 April, 2018 said it has started looking out for buyers of Skava and Panaya which were acquired during former CEO Vishal Sikka's tenure to build a so called software plus service model. The company has written off $90 Million in Panaya on a standalone basis, which is nearly half of the $200 million that it had paid to acquire the Israeli software firm in 2015.{{cn|date=June 2018}}

Awards and recognition

  • 2013 : Deloitte Technology Fast 50 List[20]
  • 2011 : Red Herring Top Global 100 Tech Startup[21]
  • 2010 : Gartner Cool Vendors in the SAP Ecosystem[22]

See also

  • List of ERP software packages

References

1. ^{{cite web | url=http://www.zdnet.com/article/panaya-a-different-kind-of-erp-third-party-maintenance-provider/ | title=Panaya – A different kind of ERP third party maintenance provider | publisher=ZDNet | date=7 January 2010 | accessdate=5 December 2014 | author=Sommer, Brian}}
2. ^{{cite web | url=http://www.menlopark.com/directory-listing/Panaya/331527 | title=Panaya in Menlo Park | publisher=Menlo Park | accessdate=17 December 2014}}
3. ^{{ cite patent | country =US | number =2009216712 | status = | title =Methods for calculating a combined impact analysis repository | pubdate =27 August 2009 | gdate = | fdate = | pridate = | inventor =Cohen, Yossi; Cohen, Mati; Dor, Nurit; Weiss, Dror; Armoni, Roy | assign1 = | assign2 = | class = }}
4. ^{{cite web | url=http://www.freshpatents.com/-dt20090827ptan20090216712.php | title=Methods for calculating a combined impact analysis repository | publisher=Fresh Patents | accessdate=22 December 2014}}
5. ^{{cite web | url=http://www.freshpatents.com/-dt20130214ptan20130041886.php | title=Methods for calculating a combined impact analysis repository | publisher=Fresh Patents | date=14 February 2013 | accessdate=22 December 2014}}
6. ^{{cite web | url=http://www.tamares.com/portfolio/selected-investments-private/panaya | title=Panaya Portfolio | publisher=Tamares | accessdate=22 December 2014}}
7. ^{{cite web | url=http://www.cgi.com/en/cgi-sap-expertise-panaya-practice | title=CGI deepens its SAP expertise by launching its Panaya Practice | publisher=CGI | date=14 May 2012 | accessdate=5 December 2014}}
8. ^{{Cite news|url=http://www.themarker.com/technation/1.2033661|title=פיטורים בחברת התוכנה Panaya: קיצצה כ-15% מכוח האדם|last=הירשאוגה|first=אור|newspaper=TheMarker|access-date=2016-12-18}}
9. ^{{Cite news|url=http://www.calcalist.co.il/internet/articles/0,7340,L-3638946,00.html|title=פאנאיה פיטרה יותר מ-23% מעובדיה - לאחר שהודיעה שתגייס עובדים|date=2014-08-21|newspaper=כלכליסט - www.calcalist.co.il|access-date=2016-12-18}}
10. ^{{Cite web|url=https://www.linkedin.com/company/panaya|title=Panaya: Overview|last=|first=|date=|website=LinkedIn|publisher=|access-date=}}
11. ^{{cite press release | url=http://www2.deloitte.com/us/en/pages/about-deloitte/articles/press-releases/oracle-ebs-upgrades.html | title=Deloitte and Panaya enter Strategic Alliance to accelerate Oracle EBS upgrades and deployments | publisher=Deloitte | date=10 June 2014 | accessdate=5 December 2014}}
12. ^https://techcrunch.com/2015/02/15/infosys-panaya/
13. ^{{Cite web|url=http://www.globes.co.il/en/article-infosys-buys-israels-panaya-for-230m-1001010261|title=Infosys buys Israel's Panaya for $230m - Globes English|website=Globes|access-date=2016-12-18}}
14. ^{{cite web |url= http://timesofindia.indiatimes.com/business/india-business/another-whistleblower-mail-alleges-issues-with-infosys-panaya-deal/articleshow/57244175.cms |title= Another Whistleblower Mail Alleges Issues with Infosys’ Panaya Deal |last= Phadnisl |first= Shilpa |publisher= The Times of India}}
15. ^{{cite web | url=http://www.globes.co.il/en/article-1000097742 | title=ERP solutions co Panaya raises $5m | publisher=Globes | date=31 May 2006 | accessdate=22 December 2014}}
16. ^{{cite press release | url=https://www.reuters.com/article/2009/08/04/idUS136999+04-Aug-2009+BW20090804 | title=Panaya Secures $5 Million in Series B Funding | publisher=Reuters | date=4 August 2009 | accessdate=22 December 2014}}
17. ^{{cite web | url=http://www.globes.co.il/en/article-1000566121 | title=Software developer Panaya raises $7m | publisher=Globes | date=10 June 2010 | accessdate=22 December 2014 | author=Shelah, Shmulik}}
18. ^{{cite web|url=http://investing.businessweek.com/research/stocks/people/person.asp?personId=225290&ticker=SAP|title=Hasso Plattner: Executive Profile & Biography|work=investing.businessweek.com|accessdate=28 September 2012}}
19. ^{{cite web | url=http://www.globes.co.il/en/article-1000812822 | title=SaaS provider Panaya raises $16m | publisher=Globes | date=8 January 2013 | accessdate=22 December 2014}}
20. ^{{cite web | url=http://article.wn.com/view/2013/12/03/Panaya_Ranked_Number_13_on_Deloitte_Technology_EMEA_Fast_500_8/ | title=Panaya Ranked Number 13 on Deloitte Technology EMEA Fast 500 List | publisher=Wn.com | date=3 December 2013 | accessdate=5 December 2014}}
21. ^{{cite web | url=http://www.pocketinfo.net/2012/01/red-herring-global-top-100-list-2011.html | title=Red Herring Global Top 100 list 2011 | publisher=PocketInfo.net | date=9 January 2012 | accessdate=5 December 2014}}
22. ^{{cite web | url=https://www.gartner.com/doc/1332119/cool-vendors-sap-ecosystem- | title=Cool Vendors in the SAP Ecosystem, 2010 | publisher=Gartner | date=31 March 2010 | accessdate=5 December 2014}}

http://timesofindia.indiatimes.com/business/india-business/another-whistleblower-mail-alleges-issues-with-infosys-panaya-deal/articleshow/57244175.cms

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