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Pegasystems

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1983: 29: 279: 259: 239: 219: 195: 532:$ 2.036 billion in damages for trade secret misappropriation and a damages award of $ 1 for a violation of the Virginia Computer Crimes Act. The company will not be required to begin paying the judgement until all avenues of appeal have been exhausted. In February 2023, Pega filed an appeal asking the court to overturn the previous judgement and either rule in Pega’s favor or order a new trial. 598:
In April 2020, during the COVID-19 pandemic, Pegasystems launched an application for financial institutions to manage emergency loan applications from small businesses seeking COVID-19 financial relief. Throughout 2020, Pegasystems helped several of its clients, including the Bavarian government and
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The company's core software product is the Pega Platform, part of its Pega Infinity portfolio of applications for customer engagement and digital process automation, which are designed to connect customer interfaces with back-end process automation. Its applications are certified to work
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Pega Infinity ‘23 was released in 2023 as the latest version of the Pega Infinity portfolio. It brought AI, low-code, and automation features to Pega products, including Pega Cloud, Pega Platform, Pega Customer Decision Hub, Pega Customer Service, and Pega Sales Automation.
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In 2023, Pega GenAI, a set of 20 generative AI boosters were integrated across Pega’s portfolio of products, Pega Infinity. By the end of the year, Pegasystems generated $ 1.4 billion in sales.
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In February 2019, Pegasystems purchased Infruid Labs, a business analytics and data visualization software company. In May 2019, the company bought In The Chat, a digital messaging platform.
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In January 2021, the company announced it had acquired Qurious.io, which provides a cloud service that analyzes voice calls in real time to support customer service representatives.
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virtually call in on the outfield screen to play alongside the band. The concert was live streamed and helped raise more than $ 700,000 in COVID relief funds as well as benefiting
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In March 2016 Pega introduced the Pega Client Lifecycle Management (CLM) application. The company added artificial intelligence into its customer service software. The company’s
2023: 472:. Between 2005 and 2015, Pegasystems had average sales growth of 21% per year. The company Pegasystems acquired OpenSpan Inc., an Atlanta based company specializing in 1121: 602:
Pega’s Voice AI and Messaging AI analyze live customer service conversations in real time to help service agents resolve service requests with reduced manual effort.
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It also integrated Pega GenAI, 20 new generative AI-powered boosters that also offer a plug and play architecture for low-code development of AI prompts.
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In 2022, Pegasystems acquired Everflow, a Brazilian process mining company to support their process mining and hyper automation goals.
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As of February 2015, the company had active partnerships with IT outsourcing companies such as Hexaware, NIIT Incessant Technologies,
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in 2012, and in October 2013, Pegasystems acquired the mobile application developer Antenna Software for $ 27.7 million. Located in
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In May of 2020, Pegasystems sponsored a Boston-based punk band, the Dropkick Murphys, for a benefit concert that took place at
1848: 525:. In June 2021, Reid wore Pegasystems' Pride logo, one of the first times a pride logo has been worn in professional golf. 1438: 211: 1922: 903: 744: 403: 1413: 928: 571: 398:
for around $ 161.5 million. The acquisition gave Pegasystems access to new markets such as online training,
2043: 370:. During the company's early years it focused on providing case management, namely for companies such as 178: 441:
and analytics software startup. Pegasystems acquired Firefly in June 2014, a co-browsing tool funded by
473: 1122:"Pegasystems Acquires Co-Browsing Tool Firefly, The First Investment By First Round's Dorm Room Fund" 702: 659: 449: 946: 734: 709:, which commissioned Pegasystems to create a BPM system to cut administrative costs. By July 2014, 359: 323: 127: 1335: 599:
the Commonwealth Bank of Australia, develop apps to manage issues that arose because of COVID-19.
1711: 1663: 980: 951: 584: 339: 161: 1879: 1177: 975: 683: 1797:"Commonwealth Bank of Australia is using Pega to aim for millions of personalized experiences" 1439:"Court affirms Appian win in trade-secrets case, but battle with Pegasystems is far from over" 548: 1362:"Pega ambassador Mel Reid wears rainbow logo to celebrate Pride Month at U.S. Women's Open" 698: 655: 500: 199: 90:, customer relationship management, business process management, workflow management system 8: 1880:"Pega Infinity '23 Is Now Generally Available, with New AI & Automation Capabilities" 635: 576: 556: 442: 407: 391: 342:-powered decisioning that helps businesses move towards becoming autonomous enterprises. 1982: 587:
for marketing campaigns, customer interfaces, and robotic automation, as well as a 
1182: 627: 623: 529: 399: 1490:"Pega acquires Everflow to advance its process mining and hyper automation ambitions" 1069: 496: 331: 83: 60: 1631:"Banks Earn Fees Faster – Pegasystems Cuts Corporate Onboarding Time By 70 Percent" 1568:"Pega Launches Infinity Digital Transformation Suite, Canto DAM Updates, More News" 492: 461: 371: 271: 1037:"Pegasystems CEO Alan Trefler plans his next move for the $ 500m software company" 1954: 1464:"A 'trade-secret case with no secrets:' Pega lays out appeal in $ 2B Appian case" 1098: 1040: 1008: 643: 639: 552: 504: 326:, and founded in 1983. The company has been publicly traded since 1996 as PEGA ( 1542: 1307:"Pegasystems acquires Qurious.io to apply speech analytics to customer service" 406:(CRM) technology into its existing operations. Pega Cloud was introduced using 375: 39: 763: 1992: 1586:"On CRM: Pega Now Works on Google's Cloud Platform Because Why Choose Sides?" 876:"Alan Trefler's Pegasystems Is On A Mission To Transform Customer Engagement" 714: 671: 631: 560: 518: 426: 47: 847: 693:
As of 2013, other clients included "largely Fortune 500 companies" such as
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in 1996 with initial and secondary public offerings, and began trading on
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to support its cloud services. In May 2014, Pegasystems acquired the
419: 395: 415: 1388:"Appian soars after winning $ 2.04 bln verdict against Pegasystems" 932: 592: 522: 363: 335: 319: 79: 28: 1771:"Businesses develop apps quickly to manage disruption of Covid-19" 1233:"Businesses develop apps quickly to manage disruption of Covid-19" 1094:"Why Pegasystems' CEO, Alan Trefler, has learned to think smaller" 718: 675: 453: 1707:"How Low-Code Can You Go? IT Tests 'Disruptive' App Development" 1687:"Moving From Omni-Channel To A Channel-Less Customer Experience" 1560: 1284:"Bruce Springsteen to livestream concert from empty Fenway Park" 929:"The single-easiest way to make customers fall in love with you" 1691: 1635: 1578: 1154: 880: 710: 667: 402:
and healthcare, with Pegasystems integrating Chordiant and its
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In June 2021, Pegasystems became the official supplier of the
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announced they would be integrating Pega into its operation.
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In 2014, Pegasystems invested in network operations in
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Comparison of Business Process Modeling Notation tools
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Customer relationship management software companies
1726:"Pegasystems gives the channel the Infinity option" 583:In 2018 Pega released platform additions that used 1004:"Pegasystems To Buy Chordiant For $ 161.5 Million" 304: 1150:"A Basket Of Keepers Among Small-Cap Tech Stocks" 1054: 1030: 1028: 1026: 843:"Seven things you should know about Alan Trefler" 817:"Pegasystems Inc. 2023 Annual Report (Form 10-K)" 358:founded Pegasystems in 1983 at the age of 27, in 1990: 836: 834: 832: 830: 1414:"Pegasystems shares plummet after $ 2B verdict" 622:Pegasystems provides services in the fields of 1906: 1904: 1902: 1900: 1023: 1944: 1942: 1940: 995: 827: 777: 775: 2014:Companies based in Cambridge, Massachusetts 1897: 1704: 1622: 721:were using Pegasystems’ CRM software, and 1981: 1937: 1628: 904:"Top 16 business process management tools" 2019:Software companies based in Massachusetts 1656: 1650: 1147: 1141: 772: 517:. The company also sponsored pro golfers 390:In March 2010, Pegasystems acquired the 1794: 1604:"Meeting requirements and prerequisites" 1487: 1333: 1001: 973: 939: 869: 867: 865: 541: 2039:Software companies of the United States 1877: 1768: 1705:Castellanos, Sara (February 21, 2018), 1385: 1359: 1230: 1175: 1091: 1085: 1065:"Pegasystems acquires Antenna Software" 1034: 967: 921: 840: 821:U.S. Securities and Exchange Commission 617: 2004:Software companies established in 1983 1999:American companies established in 1983 1991: 1659:"Pegasystems unveils enhanced KYC app" 1411: 1304: 1119: 1113: 901: 873: 1948: 1878:Stephen, James (September 13, 2023). 1873: 1871: 1869: 1846: 1820: 1684: 1657:Kurmanath, K V (September 15, 2016). 1512: 1510: 1329: 1327: 862: 811: 809: 807: 805: 803: 801: 2009:1983 establishments in Massachusetts 1305:Vizard, Michael (January 11, 2021). 1203: 1148:Oberweiss, Jim (February 10, 2016). 841:Farrell, Michael B. (July 6, 2014). 784:About – Timeline – Worldwide Offices 528:In May 2022, a jury verdict awarded 1911:Raj, Y V Phani (January 21, 2016). 1910: 1795:du Preez, Derek (August 20, 2020). 1035:Goodwin, Bill (November 21, 2013). 874:Rogers, Bruce (February 24, 2015). 13: 1866: 1847:Plumb, Taryn (February 11, 2022). 1629:Groenfeldt, Tom (March 21, 2016). 1507: 1386:Stempel, Jonathan (May 10, 2022). 1360:Nichols, Beth Ann (June 1, 2021). 1324: 1204:Gros, Maryse (February 26, 2019). 1178:"Term Sheet — Wednesday, April 13" 974:Goldbaum, Lisa R. (May 13, 1998). 798: 476:and workforce analytics software. 14: 2060: 1968: 1002:Henschen, Doug (March 18, 2010). 1488:du Preez, Derek (May 24, 2022). 1120:Cutler, Kim-Mai (June 9, 2014). 1092:Goodwin, Bill (September 2015). 768:, Pegasystems, November 30, 2018 745:SAML-based products and services 507:and the Boston Resiliency Fund. 404:customer relationship management 350: 278: 277: 258: 257: 238: 237: 218: 217: 194: 193: 27: 1840: 1814: 1788: 1762: 1736: 1698: 1678: 1596: 1535: 1481: 1456: 1431: 1405: 1379: 1353: 1334:Sullivan, Paul (June 1, 2021). 1298: 1276: 1250: 1224: 1197: 1176:Primack, Dan (April 13, 2016). 1169: 902:Wayner, Peter (June 16, 2022). 482: 2029:Companies listed on the Nasdaq 1821:Eyers, James (June 29, 2020). 1769:Goodwin, Bill (June 5, 2020). 1412:Maffei, Lucia (May 10, 2022). 1231:Goodwin, Bill (June 5, 2020). 955:. Biz Journals. April 10, 2002 895: 756: 1: 2049:Low Code Application Platform 2034:1996 initial public offerings 1949:Kline, Alan (June 12, 2014). 1685:Hyken, Shep (March 4, 2017), 947:"SEC drops Pegasystems probe" 750: 638:, government, manufacturing, 572:low-code development platform 567:environments are supported. 1913:"Cloud to drive Pega growth" 642:, communications and media, 414:, Antenna also had bases in 385: 7: 1827:Australian Financial Review 728: 100:; 41 years ago 10: 2065: 574:was highlighted in a 2018 474:robotic process automation 345: 338:automation and generative 650:. Pega clients include 450:Tata Consultancy Services 299: 289: 269: 249: 229: 209: 188: 171: 148: 138: 122: 112: 94: 75: 45: 35: 26: 16:American software company 735:Advanced case management 366:systems that could play 360:Cambridge, Massachusetts 324:Cambridge, Massachusetts 128:Cambridge, Massachusetts 1712:The Wall Street Journal 1664:The Hindu Business Line 952:Boston Business Journal 695:The Brass Rail, Toronto 585:artificial intelligence 382:under the symbol PEGA. 1730:www.computerweekly.com 1522:www.destinationcrm.com 318:(Pega) is an American 1210:Le Monde Informatique 559:, and Pivotal’s  542:Products and services 823:. February 14, 2024. 705:, and the state of 699:Lloyds Banking Group 656:Lloyds Banking Group 618:Clients and projects 501:Habitat for Humanity 2044:Workflow technology 1468:www.bizjournals.com 1443:www.bizjournals.com 1418:www.bizjournals.com 577:Wall Street Journal 557:Amazon Web Services 443:First Round Capital 437:-based MeshLabs, a 408:Amazon Web Services 392:enterprise software 291:Number of employees 140:Number of locations 23: 1775:ComputerWeekly.com 1073:. October 16, 2013 624:financial services 530:Appian Corporation 400:telecommunications 21: 1961:on March 8, 2016. 1748:Finextra Research 1070:Business Standard 765:Worldwide Offices 497:Bruce Springsteen 332:low-code platform 322:company based in 313: 312: 84:low-code platform 2056: 1985: 1980: 1979: 1977:Official website 1963: 1962: 1957:. Archived from 1946: 1935: 1934: 1932: 1930: 1921:. Archived from 1908: 1895: 1894: 1892: 1890: 1875: 1864: 1863: 1861: 1859: 1844: 1838: 1837: 1835: 1833: 1818: 1812: 1811: 1809: 1807: 1792: 1786: 1785: 1783: 1781: 1766: 1760: 1759: 1757: 1755: 1750:. April 14, 2020 1740: 1734: 1733: 1722: 1716: 1715: 1702: 1696: 1695: 1682: 1676: 1675: 1673: 1671: 1654: 1648: 1647: 1645: 1643: 1626: 1620: 1619: 1617: 1615: 1610:. 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May 19, 2020 1275: 1264:. May 29, 2020 1249: 1223: 1196: 1168: 1140: 1112: 1084: 1053: 1022: 994: 966: 938: 935:. May 1, 2015. 920: 894: 861: 826: 797: 787:, www.pega.com 771: 754: 752: 749: 748: 747: 742: 737: 730: 727: 619: 616: 591: kit for 543: 540: 484: 481: 387: 384: 374:. 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Pega is a 329: 325: 321: 317: 308: 302: 298: 294: 288: 276: 273: 268: 256: 253: 248: 236: 233: 228: 216: 213: 208: 201: 191: 187: 180: 177: 176: 174: 170: 163: 159: 156: 155: 153: 147: 143: 137: 129: 125: 121: 118: 115: 111: 97: 93: 89: 85: 81: 78: 74: 67: 64: 62: 58: 55: 54: 52: 49: 44: 41: 38: 34: 30: 25: 19: 1959:the original 1927:. Retrieved 1923:the original 1916: 1887:. Retrieved 1883: 1856:. Retrieved 1852: 1842: 1830:. Retrieved 1826: 1816: 1804:. Retrieved 1800: 1790: 1778:. Retrieved 1774: 1764: 1752:. Retrieved 1747: 1738: 1732:. June 2018. 1729: 1720: 1710: 1700: 1690: 1680: 1668:. Retrieved 1662: 1652: 1640:. Retrieved 1634: 1624: 1612:. Retrieved 1607: 1598: 1589: 1580: 1571: 1562: 1550:. Retrieved 1546: 1537: 1525:. Retrieved 1521: 1497:. Retrieved 1493: 1483: 1473:February 17, 1471:. Retrieved 1467: 1458: 1446:. Retrieved 1442: 1433: 1421:. Retrieved 1417: 1407: 1395:. Retrieved 1391: 1381: 1369:. Retrieved 1365: 1355: 1343:. Retrieved 1339: 1314:. 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Various 412:New Jersey 232:Net income 150:Key people 1929:March 27, 1858:August 9, 1832:April 19, 1806:April 19, 1780:April 19, 1754:April 15, 1670:March 27, 1642:March 27, 1423:August 2, 1242:April 26, 1216:April 26, 1189:March 27, 1161:March 27, 1133:March 21, 1105:March 27, 1077:March 20, 1046:March 18, 1015:March 19, 987:March 20, 959:March 19, 887:March 19, 854:March 20, 791:March 28, 648:utilities 640:high tech 628:insurance 580:article. 515:Ryder Cup 495:also had 470:Cognizant 466:Accenture 435:Bangalore 420:Bangalore 396:Chordiant 386:2010–2019 144:41 (2021) 68:component 48:Traded as 1884:CX Today 1499:July 30, 1366:Golfweek 1340:Golf.com 981:Barron's 933:Mashable 913:July 26, 729:See also 593:Ethereum 547:on  523:Mel Reid 394:company 364:computer 336:workflow 320:software 172:Products 113:Founders 80:Software 76:Industry 1397:May 10, 1392:Reuters 1316:May 10, 1183:Fortune 719:Philips 684:Verizon 676:Philips 555:,  454:Infosys 346:History 300:Website 189:Revenue 103: ( 95:Founded 59::  1692:Forbes 1636:Forbes 1547:Forbes 1371:May 3, 1345:May 3, 1155:Forbes 881:Forbes 717:, and 711:PayPal 678:, and 668:PayPal 646:, and 644:energy 491:. 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Index


Public
Traded as
Nasdaq
PEGA
Russell 1000
Software
low-code platform
AI
Alan Trefler
Cambridge, Massachusetts
Alan Trefler
CEO
BPM
US$
Operating income
Net income
Total assets
Total equity
pega.com
software
Cambridge, Massachusetts
NASDAQ
low-code platform
workflow
AI
Alan Trefler
Cambridge, Massachusetts
computer
chess

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