Profile: Pegasystems Inc (PEGA.O)
2 Sep 2015
Pegasystems Inc., incorporated on April 21, 1983, develops, markets, licenses and supports software applications, which is designed to assist clients in building, deploying and evolving enterprise applications. The Company’s applications and platform intersect with and encompass several traditional software markets, including Customer Relationship Management (CRM); Business Process Management (BPM); Business Rules Management Systems (BRMS); Dynamic Case Management (DCM); Decision Management, which includes Predictive and Adaptive analytics, and the Vertical Specific Software (VSS) market of industry solutions and packaged applications. The Company provides implementation, consulting, training, technical support and hosting services to facilitate the use of its software. The Company offers its services to financial services, healthcare, insurance, communications and media, public sector, manufacturing and life sciences markets.
The Company’s Pega 7 is a unified platform that enables clients to build enterprise applications. Pega 7 is engineered to support the enterprises, allowing for application development and deployment on a layered architecture that supports reuse across lines of business, geographies and customer segments. Its platform features an approach to application development that enables business and information technology (IT) to collaborate using a visual language. This approach facilitates continuous improvement methodologies, such as Lean Six Sigma, to manage individual projects or drive a complete enterprise transformation.
The Company’s Customer Relationship Management Applications offer process-driven, customer-centric CRM software that maximizes the lifetime value of customers and helps to reduce the costs of serving customers. The Company provides marketing, sales and service applications to optimize sales processes and customer service interactions. The Company’s Pega Co-Browse collaboration technology enables the contact center users, which provide fast service by co-browsing Web pages with the customers. The Company’s Pega Cloud allows clients to create and deploy its software applications using an Internet-based infrastructure. Pega Cloud offering is designed to enable its clients to build, test and deploy the applications in a secure Cloud environment, minimizing their infrastructure and hardware costs.
The Company competes with IBM, Oracle Corporation, Software AG, Tibco Software Inc., Appian Corporation, Open Text, EMC Corporation, Salesforce.com, Microsoft, FICO, Guidewire Software, Inc., BAE, SmartStream Technologies Ltd., SunGard, SAP, Cognizant, jQuery Foundation, Attensity and Visible Technologies.
One Rogers Street
CAMBRIDGE MA 02142-1209