Company Description
Pegasystems Inc. (NASDAQ: PEGA) is an information sector company that provides an AI-powered platform for enterprise transformation. According to the company, its technology helps organizations "reimagine how work gets done" by automating workflows, personalizing customer experiences, and modernizing legacy systems. Founded in 1983, Pegasystems has built a scalable and flexible architecture that it describes as helping clients accelerate their path to an autonomous enterprise and "Build for Change®" over time.
Core business and platform focus
Pegasystems states that it provides a leading AI-powered platform for enterprise transformation. Many of the world’s most influential organizations are described as relying on its technology to solve challenges such as personalizing engagement, automating service, and streamlining operations. The company’s platform combines enterprise AI decisioning with workflow automation, enabling clients to orchestrate work, integrate data, and support complex business processes across large organizations.
The company highlights several key capabilities across its offerings:
- Enterprise AI decisioning – centralized AI and decisioning used to optimize interactions and business outcomes across channels.
- Workflow and process automation – tools to automate tasks, cases, and processes, including case management and enterprise task and process automation.
- Customer engagement – technology to personalize customer experiences and support marketing, sales, and service use cases.
- Legacy modernization – approaches to modernize outdated systems and applications that create technical debt and operational inefficiencies.
Key solutions and product areas
Pegasystems describes several named product areas and solutions that sit on its platform:
- Pega Infinity™ – described as an agentic enterprise transformation platform that helps organizations modernize legacy systems, automate work with AI agents, and boost productivity. It supports orchestration of processes, AI agents, bots, APIs, and human actions.
- Pega Blueprint™ – characterized as an AI-powered workflow design agent and enterprise design engine that helps business and technical teams co-design applications. It uses generative AI and Pega best practices to create modern application workflows and is built for global scale, security, and collaboration.
- Pega Client Lifecycle Management™ (Pega CLM) – a client lifecycle management and Know Your Customer (KYC) solution focused on financial institutions. It is positioned as a compliance solution that helps speed client onboarding and due diligence, using agentic AI to automate onboarding, document processing, screening, and risk assessment across jurisdictions.
- Pega Customer Decision Hub™ – described as an always-on “brain” providing centralized AI across customer touchpoints to optimize interactions and maximize customer value. It supports real-time decisioning, predictive analytics, and next-best-action recommendations.
- Pega Customer Engagement Blueprint™ – a collaborative, gen AI-powered design tool that helps marketing, customer experience, and AI practitioners design and scale customer engagement programs.
The company also references Pega Predictable AI™, which is intended to provide reliable agentic execution, and Pega Agentic Process Fabric™, which orchestrates AI agents across platforms and applications. In addition, Pegasystems offers robotics tools such as Pega Robot Studio, an AI-powered bot builder, and Pega Robot Runtime, which runs and manages bots on desktops.
Industry focus and use cases
According to the company’s historical description, Pegasystems has focused on enterprise-size customers, including organizations in the financial, insurance, and healthcare industries. Its more recent communications emphasize "many of the world’s most influential organizations" as users of its platform. Use cases highlighted in company and analyst materials include:
- Personalizing customer engagement and real-time interaction management across digital and human-assisted channels.
- Automating service and contact center workflows.
- Streamlining compliance operations, particularly client onboarding and KYC in financial services via Pega CLM.
- Designing and orchestrating agent-driven workflows for enterprise applications using Pega Blueprint and Pega Infinity.
- Addressing technical debt and legacy modernization by transforming outdated systems into modern, cloud-ready, AI-enabled applications.
Recognition and analyst coverage
Pegasystems is frequently covered by independent analyst firms. The company reports that:
- Forrester Research named Pega a Leader in The Forrester Wave™: Real-Time Interaction Management Software (RTIMS), Q4 2025, evaluating its Customer Decision Hub and Customer Engagement Blueprint.
- Pega has been recognized as a Leader in The Forrester Wave™: AI Decisioning Platforms and in The Forrester Wave™: Customer Relationship Management Software.
- Gartner named Pega a Leader in the Magic Quadrant for Business Orchestration and Automation Technology, and the company received high scores in related Critical Capabilities use cases such as case management and enterprise task and process automation.
- Pega has also been recognized in the Gartner Magic Quadrant for Process Mining Platforms and the Gartner Magic Quadrant for CRM Customer Engagement Center, according to company disclosures.
These evaluations, as described in Pegasystems’ press releases, focus on areas such as real-time decisioning, AI governance, customer journey analytics, enterprise integration, and business performance optimization.
Approach to AI, security, and governance
Pegasystems emphasizes enterprise-grade AI with a focus on governance, transparency, and control. The company describes its approach as combining design-time creativity with run-time control and predictability. In its materials on Pega Blueprint and Pega Cloud, Pegasystems highlights:
- Use of agentic AI and Predictable AI agents intended to provide context-aware guidance and reliable automation.
- Data privacy and security measures, including regional data residency options, client-level file storage separation, encryption, and federated access controls for Pega Blueprint.
- A stated policy that client data and documents used in Pega Blueprint are not used to train AI models.
- AI governance and control backed by an operations center overseeing generative AI solutions and applying content filters.
Technical debt and legacy transformation perspective
Pegasystems has published research on the cost of technical debt and the challenges of legacy transformation. In a study conducted with research firm Savanta, the company reported estimates that the average global enterprise incurs substantial annual costs due to outdated, inefficient legacy systems and applications. Survey findings cited by Pegasystems indicate that many IT decision makers see legacy maintenance as a drain on time, money, and effort, and that relatively few organizations have fully retired or replaced their legacy applications.
In this context, Pegasystems positions its platform, including Pega Blueprint and Pega Infinity, as tools to help organizations modernize legacy systems more efficiently and transform technical debt into modern, AI-enabled applications.
Corporate and trading information
Pegasystems Inc. is incorporated in Massachusetts and trades on NASDAQ under the symbol PEGA. SEC filings identify the company under Commission File Number 1-11859. The company has disclosed a two-for-one forward stock split of its common stock, effected as a stock dividend, with the common stock beginning to trade on a post-split basis on June 23, 2025, following shareholder approval and a related amendment to its Restated Articles of Organization.
Pegasystems has also announced a recurring quarterly cash dividend program, including a dividend of $0.03 per share for the first quarter of 2026, as part of its capital allocation approach.
Business model context
Company financial disclosures show revenue categories such as subscription services, subscription license, Pega Cloud, maintenance, consulting, and perpetual license. This indicates a business model that includes software subscriptions, cloud-delivered services, maintenance, and consulting-related revenue streams, as described in its financial statements.
Overall, Pegasystems presents itself as an enterprise software company focused on AI decisioning, automation, and customer engagement, with a long-standing presence in the market and ongoing analyst and investor attention.