Pegasystems Inc Stock Price, News & Analysis

Brewer Lane Ventures, a Boston-based venture capital firm, announces the appointment of Douglas Kim as Operating Partner. Kim brings 30 years of experience in enterprise software, including founding Pega Cloud, a $250M SaaS business for Pegasystems (NASDAQ: PEGA). David Castellani has been promoted to Operating Partner. Kim aims to collaborate with portfolio company founders in the evolving financial services market, emphasizing innovative strategies. Castellani expressed optimism about the future of fintech and insurtech.

Pegasystems Inc. (NASDAQ: PEGA) announced that COO and CFO Ken Stillwell will present at two upcoming investor conferences. The first is KeyBanc's 23rd Annual Technology Leadership Forum on August 8, 2022, at 2:00 p.m. MDT in Vail, CO. The second is Oppenheimer's 25th Annual Technology, Internet & Communications Conference on August 10, 2022, at 9:05 a.m. EDT, held virtually. Archived presentations will be available on Pega's Investors page for a limited time. Pega empowers businesses through its low-code platform for enhanced agility and operational efficiency.

Pegasystems Inc. (NASDAQ: PEGA) will report its Q2 2022 financial results on July 27, 2022, after market close. Following the announcement, a conference call and webcast will be held at 5:00 p.m. EDT the same day for public participation. Investors can join via phone or through a webcast link available on the company's website. Pega emphasizes its low-code platform's role in enabling organizations to adapt quickly to changes in a dynamic business environment.

Workhuman has appointed Tom Libretto as Chief Marketing Officer (CMO), bringing nearly 20 years of global marketing experience. Previously at Pegasystems (NASDAQ: PEGA), he led transformative marketing initiatives. Workhuman aims to enhance workplace connections and recognition through its SaaS platform, Workhuman Cloud, and will host its inaugural Workhuman Live Europe event in Dublin from September 26-28. Libretto's leadership is expected to drive growth as the company focuses on addressing modern human capital challenges.

Pegasystems Inc. (NASDAQ: PEGA) released a study indicating that over half (51%) of marketing leaders believe that investment in MarTech could boost revenues by 10% to 40% within five years. However, 59% acknowledged insufficient budget for effective digital transformation. The report emphasized the necessity of AI-driven personalization, remapping buyer's journeys, and enhancing skill sets to adapt to evolving marketing functions. The study surveyed 750 marketing executives across various sectors, highlighting the importance of data and technology in driving growth.

Pegasystems has launched new capabilities for Pega Smart Dispute™ to enhance dispute management in the evolving payments landscape. This update introduces workflows to manage a growing number of non-plastic claims and extends support for American Express and Zelle exceptions. As the payment ecosystem shifts towards non-traditional methods, the Smart Dispute application aims to streamline processes, reduce costs, and ensure regulatory compliance for banks. The solution's flexibility allows for quick adaptation to new payment types while improving customer experience.

Pegasystems Inc. (NASDAQ: PEGA) has launched the updated Pega Process Extender for Salesforce Lightning, available on Salesforce AppExchange and Pega Marketplace. This tool enables organizations to integrate Pega's workflow automation and AI capabilities into existing Salesforce environments with ease. Key features include quick integration, automatic updates to Salesforce from Pega workflows, and simplified agent experiences. The launch supports businesses in enhancing customer service and operational efficiency.