Welcome to our dedicated page for Pegasystems news (Ticker: PEGA), a resource for investors and traders seeking the latest updates and insights on Pegasystems stock.
Pegasystems Inc. reports company news tied to its AI-powered platform for enterprise transformation, including workflow automation, customer engagement, legacy-system modernization, and Pega Cloud adoption. Updates commonly cover financial results, Annual Contract Value trends, cloud momentum, investor conference participation, and capital actions such as quarterly dividends.
Product announcements also center on Pega Blueprint, Pega Customer Service, Pega Process Mining, and government-focused tools for secure application and workflow modernization, along with customer and partner activity around enterprise AI deployments.
Pegasystems Inc. (NASDAQ: PEGA) released research indicating that intelligent automation will significantly shape the future of work post-pandemic. The global study surveyed over 3,000 senior managers and IT staff, revealing that 84% prioritize pandemic preparedness. Key findings show that 76% plan to increase investment in intelligent automation, while 51% aim to expand AI and cloud solutions. Additionally, 86% anticipate significant technological changes in the workplace in the next five years. The results underscore the necessity for businesses to adopt advanced technologies to thrive in future disruptions.
Pegasystems Inc. (NASDAQ: PEGA) announces that PegaWorld iNspire will return on May 4, 2021 as a free virtual conference, addressing ongoing pandemic uncertainties. Over 26,000 attended the previous virtual event. A call for presentations is open until October 23, 2020. Pega has also introduced Pega Discover, a series of virtual events focusing on specific solutions, scheduled across different time zones. Notable summits include One-to-one Customer Engagement on October 7, Customer Service on October 14, and Intelligent Automation on November 12.
Pegasystems (NASDAQ: PEGA) announced that CFO Ken Stillwell will present at the D.A. Davidson 19th Annual Software & Internet Virtual Conference on September 9, 2020, at 3:25 p.m. EDT. This virtual event will showcase Pega's role in digital transformation for enterprises. The presentation will be available live via webcast on Pega's Investors page and archived later. Pega continues to be a leader in cloud software, facilitating customer engagement and operational excellence for over 35 years.
Pegasystems Inc. (NASDAQ: PEGA) announced a Virtual Investor Session scheduled for August 25, 2020, at 10:00 a.m. EDT. CFO Ken Stillwell will lead discussions on Pega's market opportunities, new Process Fabric technology, and updates on the Cloud transition and long-term targets. The session will be available via webcast, with a replay accessible on Pega's Investors page. Questions can be submitted in advance via email.
Pegasystems Inc. (NASDAQ: PEGA) has been recognized by Gartner in its Critical Capabilities for Sales Force Automation report, receiving the highest score in the B2C Sales Use Case category for Pega Sales Automation. This recognition follows Pega's consistent positioning as a Visionary in Gartner's Magic Quadrant for Sales Force Automation. The report highlights Pega's AI-driven tools, which optimize sales performance and enhance customer engagement, reinforcing its leadership in digital transformation.
Pegasystems Inc. (NASDAQ: PEGA) announced that CFO Ken Stillwell will present at two investor conferences. The Canaccord Genuity 40th Annual Growth Conference is set for August 13, 2020, at 10:30 a.m. ET, and the KeyBanc Capital Markets' Future of Technology Series will follow on August 18, 2020, at 11:20 a.m. ET. CEO Alan Trefler will participate in a panel at the Bank of America Securities 2020 Virtual A.I. Conference on August 13, 2020, at 2:15 p.m. ET. Live webcasts will be available on Pega's Investors page.
Pegasystems, a leader in digital transformation software, has been recognized as a Visionary in the Gartner Magic Quadrant for Robotic Process Automation for the second consecutive year. The evaluation considered 16 RPA vendors based on their vision and execution capabilities. Pega RPA enhances digital transformation by automating manual tasks across applications, utilizing Deep Robotics for efficient operations. This acknowledgment aligns with Pega's ongoing achievements in RPA, including recognition from Constellation and Ovum for its innovative solutions.
Pegasystems Inc. (NASDAQ: PEGA) announced its Q2 2020 financial results, showcasing an 11% increase in total revenue to $227.4 million, compared to $205.6 million in Q2 2019. Subscription revenue surged 38% year over year, driven by the company’s cloud transition. The net loss improved 36% to $20.7 million, resulting in a diluted loss per share of $0.26. With over $500 million in cash, Pegasystems is positioned to capture a larger share of the $50 billion digital transformation market. The company's management expressed confidence in long-term growth prospects.
Pegasystems Inc. (NASDAQ: PEGA) will report its financial results for Q2 2020 on July 28, 2020, after market close. A conference call will follow at 5:00 p.m. EDT, inviting public participation. Investors can access the call via a dedicated phone line or a webcast. Pega is recognized for its cloud software that enhances customer engagement and operational excellence. The company has been instrumental in driving digital transformation across enterprises globally.
Pegasystems Inc. (NASDAQ: PEGA) announced that the Internal Revenue Service (IRS) has selected its Pega Government Platform™ to modernize operations through a new Enterprise Case Management (ECM) system. This collaboration aims to enhance efficiency, reduce costs, and streamline taxpayer services. The low-code platform allows for rapid application development and flexibility in adapting to future needs. Pega's solutions are designed to unify existing technologies, facilitating faster case resolutions and improved services for both employees and taxpayers.