SAP's ex-Hana chief swallows software firm, bets big on... Hana
Sikka rolls SAP and Oracle migration gambit for Infosys
The exec who led SAP’s Hana has bought enterprise software management specialist Panaya, pitting his new firm against his old bosses.
Vishal Sikka, chief executive and managing director of Infosys, has announced that his firm – India’s second largest outsourcing company – is buying Panaya for $200m.
The new acquisition produces CloudQuality, a suite for making and managing changes to SAP, Oracle business suite and Oracle’s JD Edwards.
Among other features, Panaya’s suite lets you migrate your SAP systems to Hana – the in-memory data platform that was Sikka’s baby when he worked at the giant.
Taking on Panaya is a significant step for Sikka's new company, because SAP has committed the next version of its trademark ERP suite to only running on Hana.
Features in the suite include change impact analysis, code cleansing, testing and code remediation.
Sikka said in a statement: “Panaya’s proven technology helps dramatically simplify the costs and complexities faced by businesses in managing their enterprise application landscapes.”
Sikka was SAP executive board member for products and innovation who led the development of Hana. He left SAP in May 2014 for “personal reasons” but was announced chief of the Indian outsourcer just a month later in June that year.
Founded in 2008, Panaya claims more than 1,200 customers – including Coca-Cola, Bosch, Whirlpool and Clarks. ®