About Panaton

Panaton is the US subsidiary of Sirma Group, founded 2007, Delaware C-Corp, HQ in Boise, Idaho. The company is specialized in software engineering, system integration and product design.

Recent wins for our clients:

» Successful launch for a Cyber Security Startup(NDA), Orlando, FL, vertical company in Cyber Security and 3rd Party Risk systems;

» Successful launch for Vatillum, San Francisco, CA (cloud software system for managing utilities projects – anchor client was Pacific Gas and Electric);

» 2 Best of show awards at CES 2015 for Energous (NASDAQ:WATT) –embedded-cloud-mobile IoT infrastructure;

» Complete retooling of energy generation management software systems for Solarbridge technologies – acquired by SunPower (embedded microcontroller, fleet of IoT devices – complex manufacturer, distributor, installer, owner supply chain and fleet management challenge).

Our strengths

Loyalty and Ethics

Our livelihood depends on repeat business, word of mouth and the references, which our customers give us. We demand from ourselves and our employees the highest standards of personal and professional conduct and ethics. We are proud with the excellent reputation of a company that delivers superior quality in a timely manner.

Expertise & Experience

Our teams are world class. We strive to be the highest quality and value provider – not the lowest cost one. We also have over 10 years of average hands-on coding experience, across multiple technologies, vertical markets and platforms. While many of our staff hold M.Sc. or Ph.D. degrees in computer, mathematics and information sciences, we believe that academic excellence is only a starting point for becoming an outstanding software engineer.


DevOps are both a focus and an area of deep expertise. We believe that there is no one-size-fits-all development process. For government and large enterprise projects we have the option to apply processes as prescribed by our ISO 9001 certification; for startups and smaller organization we offer and practice an optimized blend of Agile/Scrum/lean processes;

Communication & Invention

Our teams are expected to offer both excellent communication skills and the ability to solve engineering problems. We approach every project in an innovative way and our highly qualified experts are capable to leverage the transformation of large organizations, in order to ensure sustainable business growth through design, implementation and maintenance of high-tech solutions.


The vast majority of our specialists are certified in specific technology alongside with project management. We hold various IT certificates – Microsoft Gold Certified Partner, HP Gold Preferred Partner, IBM Advanced Partner, Sun Partner, and Cisco Partner. We are also Oracle partner and distributor and Strategic partnership with Oracle Financial Services, and have partnerships with Newgen, Capgemini, Exprivia, etc.

Staff Development and Retention

We believe that the key to excellence in our business is to motivate and retain our staff. We do this by providing opportunities to all our employees to become equity holders in the business. One of the reasons of our many subsidiaries is that we continuously spin-off teams that come up with viable business and product ideas and allow them to own and manage their own business, while retaining a degree of financial and board-level control.

Our team

Dejan Nenov   Founder

  • Bio

    » CTO, O’Reilly Safari Books Online, Sebastopol, CA (Online Publishing, Online Books) (2007)

    » VP Engineering, X1 Technologies, Pasadena, CA (Desktop and Enterprise Search – closed license deal with Yahoo) (2006)

    » VP Wireless Services & VP Engineering, Intellisync , San Jose, CA (Mobile Telecomm & Sync Software) (2004) (NASDAQ:PUMA) (hired as turnaround team exec – stock value grew from $0.99 to $6.50 in 24 months – then acquired by Nokia)

    » Partner, Ideas & Assoicates LLC, Montreal, CA (Advertising Agency Design Services) (2002)

    » CTO, Instill Corp (now iTrade Network), Palo Alto, CA (Food Service B2B Industry, ERP, Data Warehousing) (2001)

    » VP Engineering, BigBook Inc. (now SuperMedia – Verizon Yellow Pages), San Francisco, CA (Internet Yellow Pages, Search) (1998)

    » Director Architecture and Methodology, Solution6, Sydney, Australia (Accounting & Practice Management Software) (1996)

Nick Kondikov   VP Engineering

  • Bio

    » Over 15 year experience in software and internet technologies, including a wide variety of business applications and services;

    » Established a successful process for managing outsourced partners in global company such as Wacom;

    » Awarded “Best of CES 2015” with Energous, as technical lead of Energous’ software development team;

    I think it’s important to keep balance between delivering value to clients and keeping up-to-date with the latest technologies and approaches in software development, therefore I continuously invest time in education and learning.

Awards & Certificates


» European Information Technology Prize (EngView division)
» GTEC (Government in Technology) product innovation award (WorkLogic division, Canada)
» EuroWard for promising start-up (EyeBill joint venture)
» Bulgarian IT innovation award (Vulcan C4I system)


» ISO 9001:2000 certified
» IBM advanced partner
» Oracle partner and distributor
» Microsoft certified partner

About Sirma

Sirma Group Holding JSC is the largest independent IT enterprise in Bulgaria, established in 1992. Since its foundation the company is self-funded and rapidly expands its operations owing to a strong organic growth. The corporation is publicly traded and listed on the Bulgarian Stock Exchange since November 2015 (SKK). Offices in Bulgaria, USA, UK and Canada. Resellers and joint ventures in the US, Canada, South Africa, Norway, UK, France, Germany, Japan, Malaysia, China, Brazil.

Sirma Group – Business Units

» Sirma Solutions – Provides full service software development and system integration, mobile applications, with these independent subsidiaries:

  • Panaton
  • Sirma Business Consulting – Retail banking systems services and implementations, full service iFlex/FlexCube implementation and integration.
  • Daticum – Class 4 data centre in Sofia, Bulgaria – colocation and virtual server infrastructure for EMEA deployments.
  • Sirma Mobile – State of the art mobile enterprise and consumer solutions for iOS, Android and Windows Phone.
  • Sirma ICS – Software solutions of the insurance industry.

» Ontotext – Semantic Database & Metadata Management.

» EngView Systems – CAD/CAM Software for Sheet Materials, Metrology, Cutting Plotters.

» Sirma Media – Publisher of knowledge products.

» Sirma ITT – Software solutions for e-government, customs & excise systems.