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Panaya expands global footprint in Asia Pacific

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Panaya, the Israel-based provider of cloud-based application delivery and testing solutions, has announced the opening of four new offices in Singapore, Beijing, Shenzhen and Shanghai. The company has seen a growing demand for its enterprise agile delivery solutions in the region. New contracts with an international bank and insurance company based in the Philippines have contributed to this recent growth. Rajesh Handu, has been appointed the Vice President of South East Asia, South Asia, Hong Kong and Korea to leverage his proven success to accelerate Panaya’s market presence in the region. As the Managing Director of Asia for NICE Systems, Rajesh built a team that achieved 25% market growth last year. Commenting on his appointment, Handu said “I am excited to join Panaya to spread our unique consultative approach that helps IT delivery software changes effectively while introducing new initiatives that create a competitive edge”. Moshe Leder, Executive Vice President of APAC and Japan, said “Rajesh’s leadership and proven experience in addressing customer needs and building long-term business relationships in the region will help Panaya grow its regional business. Many Asian companies are going global, and to automate international business processes they need to implement software delivery tools that will enable their enterprise applications to scale up while adapting quickly to business changes”.