Pioneering Cognitus and Panaya’s brand new partnership is their mutual client, Sumitomo Bakelite North America (SBHPP), a leading provider of high-performance plastics solutions with a global footprint spanning the Americas, Asia Pacific, Europe, and Africa.
SAP Gold Partner Cognitus has allied with another SAP-certified partner Panaya in a bid to capture the burgeoning SAP S/4HANA market. Capitalising on the two global IT companies’ expertise, the strategic partnership intends to help organisations worldwide accelerate their digital transformation projects with SAP S/4HANA.
Announcing the alliance with Panaya, Pat Sathi, Managing Partner at Cognitus, stated:
“Panaya’s testing capabilities and upgrade Impact Analysis are welcome additions to our current toolset. This will allow us to expedite the SAP S/4HANA transformation and offer value to our SAP customers. Panaya’s long history of providing cloud-based AI-enhanced delivery makes them a strong partner and we’re looking forward to working with them, as we continue to create innovation in the SAP S/4HANA transformation space together”.
Capturing the Growing SAP S/4HANA Market
In an SAP S/4HANA expert study conducted in 2021 by valantic, a global provider of software and digital process solutions, it was revealed that many companies are still keen on migrating to SAP S/4HANA. In addition to the modernisation of the SAP applications and the technical infrastructure as key reasons for SAP S/4HANA migration, 63{aa282f308afcc222aaa21b0478c79e01a8fedd01972e2180867097bd93930f22} of those surveyed shared that early SAP S/4HANA transformation offers organisations the chance to future-proof processes to help them achieve better performance, enhance efficiency, and drive user-friendliness.
The increasing demand for SAP S/4HANA has also been consistently reflected in the German software giant’s financials. In 2021, SAP ended the fiscal year with a 46{aa282f308afcc222aaa21b0478c79e01a8fedd01972e2180867097bd93930f22} SAP S/4HANA cloud revenue to €1.09 billion and a 47{aa282f308afcc222aaa21b0478c79e01a8fedd01972e2180867097bd93930f22} increase at constant currencies, which exceeded its €1 billion cloud revenue target. SAP is forecasting a continuous momentum throughout 2022 based on SAP S/4HANA Cloud’s strong traction.
Accelerating SAP S/4HANA Transformation with Cognitus and Panaya
Cognitus and Panaya’s collaborative partnership comes at an opportune time as the extended 2027 deadline of the legacy SAP ERP’s end of support draws closer. Harnessing each company’s SAP expertise, Cognitus and Panaya offers a compelling proposition for a more efficient SAP S/4HANA migration projects.
Dallas-headquartered Cognitus is one of the world’s most advanced SAP S/4 HANA transformation and SAP packaged solutions provider with over 1,000 highly skilled SAP professionals across 14 global delivery centers including in India and Malaysia. Similarly, Panaya, which also has a global footprint spanning the US, France, Germany, Israel, and Japan, also offers unparalleled SAP experience to customers as a leading provider for SaaS-based Change Intelligence for SAP. According to Shabi Levi, Head of Channels and Alliance at Panaya, the two IT firms make perfect partners.
”The moment we met the team at Cognitus, we knew it was exactly the type of company we would want to partner with. Our Change Intelligence platform fits Cognitus’ SAP S/4HANA implementation methodology, in its Gallop Deployment package, like a glove. With the impressive presence, Cognitus has established in both the Americas and EMEA, we are looking forward to close collaboration in winning projects, such as Sumitomo Bakelite, across the globe,” Levi detailed.
Cognitus and Panaya were selected to be the modernisation partners of Sumitomo Bakelite to support its SAP ECC environment migration to SAP S/4HANA leveraging Panaya’s S/4 Convert and Intelligent Code Remediation solutions. The partnership offers SBHPP a seamless SAP S/4HANA migration by integrating Panaya’s Change Intelligence Platform and AI-enhanced cloud platform, Test Dynamix with Cognitus’ Gallop package and SAP expertise.
