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Pegasystems Inc - PEGA STOCK NEWS

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. (NASDAQ: PEGA) is a frontrunner in the realm of software for customer engagement and operational excellence. Founded in 1983, Pegasystems has crafted an impressive legacy of delivering award-winning solutions in customer relationship management (CRM) and business process management (BPM). The cornerstone of their offerings is the Pega Infinity platform, a unified cloud-architected suite that seamlessly integrates BPM and CRM functionalities.

The Pega Infinity platform empowers enterprises to rapidly deploy, extend, and adapt applications to meet evolving business needs. Leveraging advanced artificial intelligence and robotic automation, Pegasystems' software suite ensures that organizations can achieve breakthrough business results and maintain a competitive edge.

Pegasystems serves a wide array of enterprise-sized clients, focusing predominantly on the financial, insurance, and healthcare sectors. Their adaptive software solutions are designed to cater to the specific needs of these verticals, offering enhanced customer engagement through streamlined operations.

Notably, Pegasystems has formed strategic partnerships and collaborations that bolster its capability to deliver innovative solutions. These partnerships enhance Pega's ability to integrate cutting-edge technology and maintain its position as a leader in the software industry.

With a commitment to continuous improvement and innovation, Pegasystems remains at the forefront of the industry, providing robust solutions that drive efficiency and customer satisfaction. For the latest updates and news about Pegasystems, visit their official website at www.pega.com.

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Pegasystems Inc. (NASDAQ: PEGA) announced a quarterly cash dividend of $0.03 per share, set to be paid on July 15, 2021, to shareholders recorded by July 1, 2021. This decision continues the company's commitment to its dividend program. Pegasystems specializes in software that simplifies business complexity, enhancing customer service and operational efficiency through AI-driven solutions.

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Pegasystems Inc. (NASDAQ: PEGA) announced an expansion of its share repurchase program, increasing its authorized repurchase amount from $21.7 million to $60 million. The repurchase program's expiration date has also been extended to June 30, 2022. The repurchases will occur in the open market or through negotiated transactions, adhering to regulatory requirements. This move aims to enhance shareholder value, and details of actual repurchases will be disclosed in future SEC filings.

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Pegasystems (NASDAQ: PEGA) has been selected by the Royal Navy and Royal Air Force to create a low-code platform for recruitment. This application aims to streamline the recruitment process, reducing cycles from months to as little as 30 days. The RN and RAF receive about 180,000 candidate inquiries yearly, aiming to recruit 8,500 personnel. The platform will enhance candidate experience through intelligent automation, enabling rapid updates by recruiters, facilitating a modern, data-driven recruitment approach. The project underscores Pegasystems' commitment to digital transformation in public service.

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Pegasystems (NASDAQ: PEGA) announced that its COO and CFO, Ken Stillwell, will present at two upcoming virtual investor conferences. The first is the BofA Securities 2021 Global Technology Conference on June 8, 2021, at 2:30 PM ET. The second is the Nasdaq 44th Investor Conference on June 16, 2021, at 9:00 AM ET. Live webcasts of the presentations will be available on Pega's Investors page, with archives accessible for a limited time.

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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.

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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.

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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.

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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.

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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.

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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.

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FAQ

What is the current stock price of Pegasystems (PEGA)?

The current stock price of Pegasystems (PEGA) is $94.5 as of January 3, 2025.

What is the market cap of Pegasystems (PEGA)?

The market cap of Pegasystems (PEGA) is approximately 8.1B.

What does Pegasystems Inc. specialize in?

Pegasystems Inc. specializes in software solutions for customer engagement and operational excellence, mainly through their Pega Infinity platform.

What is the Pega Infinity platform?

The Pega Infinity platform is a unified suite that integrates business process management (BPM) and customer relationship management (CRM) applications.

Which industries does Pegasystems primarily serve?

Pegasystems primarily serves enterprise-size customers in the financial, insurance, and healthcare sectors.

What technologies underpin Pegasystems' software solutions?

Pegasystems' software solutions leverage advanced artificial intelligence and robotic automation.

How long has Pegasystems been in operation?

Pegasystems was founded in 1983, marking over 30 years of delivering innovative software solutions.

What are some recent achievements of Pegasystems?

Pegasystems continues to deliver award-winning capabilities in CRM and BPM, helping leading brands achieve breakthrough business results.

Does Pegasystems work with other companies or form partnerships?

Yes, Pegasystems has formed strategic partnerships to enhance its technology integration and service delivery.

Where can I find more information about Pegasystems Inc.?

For more information, visit Pegasystems' official website at www.pega.com.

What is Pegasystems' approach to customer engagement?

Pegasystems aims to enhance customer engagement by providing adaptive, easy-to-deploy software solutions that meet strategic business needs.

How does Pegasystems ensure operational excellence?

Pegasystems ensures operational excellence through its advanced BPM and CRM solutions, powered by AI and robotic automation.
Pegasystems Inc

Nasdaq:PEGA

PEGA Rankings

PEGA Stock Data

8.08B
42.91M
47.28%
48.74%
0.76%
Software - Application
Services-computer Processing & Data Preparation
Link
United States of America
CAMBRIDGE