Pegasystems Inc Stock Price, News & Analysis

Pegasystems Inc. (NASDAQ: PEGA) has launched a brand ambassador program featuring pro golfers Marc Leishman and Mel Reid to enhance brand visibility. This initiative coincides with the PGA Tour and celebrates LGBTQIA+ inclusion through the use of the Pride logo during June. Leishman, ranked No. 40 globally, and Reid, ranked No. 33, were selected for their alignment with Pega’s values of leadership and community support. This sponsorship aims to demonstrate Pega’s commitment to simplifying business processes and enhancing productivity.

Pegasystems Inc. (NASDAQ: PEGA) has signed a multiyear agreement to become the worldwide supplier for the Ryder Cup, covering the 43rd and 44th events. The 43rd Ryder Cup will take place from Sept. 21-26, 2021, at Whistling Straits, Wisconsin, and the 44th from Sept. 29-Oct. 1, 2023, at Marco Simone Golf and Country Club, Rome. This partnership aims to enhance the Ryder Cup experience through innovative content and teamwork, as noted by PGA of America's CEO and European Ryder Cup Director. Pega seeks to increase brand awareness through this prominent association with the prestigious golfing event.

Pegasystems Inc. (NASDAQ: PEGA) will present at the J.P. Morgan Global Technology, Media and Communications Conference on May 25, 2021, at 4:25 PM ET. The presentation will be led by Ken Stillwell, COO and CFO. The date and time have changed since the previous announcement. A live webcast will be available on Pega’s Investors page, with an archive accessible for a limited time. Pega's software aims to reduce business complexity, enabling better decision-making and maximizing efficiency.

Pegasystems Inc. (NASDAQ: PEGA) announced a Virtual Investor Session scheduled for June 3, 2021, at 10:00 AM ET. COO and CFO Ken Stillwell will host, highlighting low-code software innovations, go-to-market strategy developments, and growth drivers for Annual Contract Value (ACV) and top-line performance. Hayden Stafford, newly appointed president of global client engagement, will also speak. Participants can submit questions via email. A replay will be available on the company's investors page.

Pegasystems Inc. (NASDAQ: PEGA) released a study revealing that businesses face increased customer dissatisfaction due to inconsistent service quality across digital channels. Conducted by Savanta, the survey of 12,700 respondents highlights that 77% of customers would switch businesses due to poor service. While businesses improved omnichannel service from 55% to 68% since 2019, 80% acknowledge service quality varies. Key priorities include enhancing resolution capabilities across all channels, improving self-service, and investing in AI technology, with 85% of businesses planning AI investments in the coming years.

Pegakystems (NASDAQ: PEGA) has announced that Ken Stillwell, COO and CFO, will present at two upcoming investor conferences. The first is the 16th Annual Needham Technology & Media Conference on May 19, 2021, at 11:45 AM ET. The second is the J.P. Morgan Global Technology, Media and Communications Conference on May 24, 2021, also at 11:45 AM ET. Live webcasts will be available on Pega's Investors page, with archives accessible for a limited time.

Pegasystems, a software company, announced that Carola Cazenave, VP of Global Partner Ecosystems, has been named to CRN's 2021 Power 100 list. This honor recognizes her leadership in the IT channel, highlighted by the launch of the new Pega Partners program aimed at enhancing partner engagement and support. The company surpassed $1 billion in annual revenue, attributing this success to its strong partner ecosystem. Additionally, six other Pega women were listed in the Women of the Channel for 2021, showcasing the company’s commitment to diversity and inclusion.

Pegasystems (NASDAQ: PEGA) has launched the Pega Partners program aimed at accelerating digital transformation for clients. This new initiative simplifies partner collaboration through streamlined resources, enabling faster access to qualified partners across various tech and industry solutions. Key benefits include accelerated time to value, a growing marketplace of solutions, and enhanced partner vetting and training. The program was announced during PegaWorld iNspire, showcasing the company's commitment to client satisfaction and partner ecosystem growth.

Pegasystems Inc (NASDAQ: PEGA) announced the release of Pega Infinity 8.6 during PegaWorld® iNspire on May 4, 2021, aimed at enhancing digital transformation (DT) initiatives. The upgraded software features advanced low-code, intelligent automation, and AI capabilities, facilitating faster and simpler deployments for large enterprises. New functionalities include process optimization through Pega Process AI, improved customer engagement, and enhanced user interface design. The platform is expected to be available by the end of Q2 2021, addressing the growing demand for efficient digital solutions.