STOCK TITAN

Pega Establishes New Government Entity to Better Serve US Federal and Defense Agencies

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Pegasystems Inc. (NASDAQ: PEGA) announced the establishment of Pega Government LLC, a new entity aimed at addressing the unique product requirements and compliance demands of U.S. government clients. Sponsored initially by the Department of Justice, this entity will provide support for federal and defense agencies. Pega has a history of aiding major government agencies in their modernization efforts. The entity will leverage Pega Cloud for Government to enhance operational efficiency and streamline organizational complexity.

Positive
  • Creation of Pega Government LLC to support U.S. government clients.
  • Initial sponsorship from the Department of Justice.
  • Pega's proven track record with large U.S. government agencies.
  • Focus on enhancing efficiency in sensitive government installations.
Negative
  • None.

CAMBRIDGE, Mass., Oct. 5, 2022 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the low-code platform provider that builds agility into the world's leading organizations, today announced Pega Government LLC, a new corporate entity uniquely positioned to service the product requirements and compliance demands for United States government clients. With initial sponsorship from the United States Department of Justice, Pega Government LLC will architect, deliver, and support all cleared work for multiple federal and defense agencies as well as their partners.

Pega has a strong legacy of success working with some of the largest US government agencies to help them achieve their modernization goals and transform the digital experience. With this new entity, Pega Government LLC will extend support to clients and partners working in sensitive and challenging government installations. With Pega Cloud for Government, Pega continues to support the mission of the most complex programs in government.

Pega's solutions connect data and systems across operational silos, helping streamline organizational complexity while improving efficiency. For more information, visit www.pega.com/industries/government.  

Quotes & Commentary:
"As we continue to evolve our work with the United States government, we recognized the need to create a dedicated entity to support the distinct security needs for some of our clients," said Doug Averill, vice president, global industry market leader, government, Pega. "Pega Government LLC was created to address the work that involves sensitive information requiring special clearance on an ongoing basis. We are proud our technology can support the ever-changing needs of the federal government and their focus on transformational efficiency."

About Pega
Pega provides a powerful low-code platform that builds agility into the world's leading organizations so they can adapt to change. Clients use our AI-powered decisioning and workflow automation to solve their most pressing business challenges – from personalizing engagement to automating service to streamlining operations. Since 1983, we've built our scalable and flexible architecture so people can meet today's customer demands while continuously transforming for tomorrow. For more information, please visit www.pega.com.

Press Contact:
Sean Audet
Pegasystems Inc.
sean.audet@pega.com
Twitter: @pega 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/pega-establishes-new-government-entity-to-better-serve-us-federal-and-defense-agencies-301641460.html

SOURCE Pegasystems Inc.

FAQ

What is Pega Government LLC?

Pega Government LLC is a new corporate entity established by Pegasystems to cater specifically to U.S. government clients, ensuring compliance and product requirements are met.

What is the purpose of Pega Government LLC?

The purpose of Pega Government LLC is to architect, deliver, and support services for federal and defense agencies, focusing on sensitive information and clearance requirements.

Who initiated the formation of Pega Government LLC?

The formation of Pega Government LLC was initially sponsored by the United States Department of Justice.

How does Pega plan to support government agencies?

Pega plans to support government agencies through its Pega Cloud for Government and its expertise in modernizing digital experiences.

When was Pega Government LLC announced?

Pega Government LLC was announced on October 5, 2022.

Pegasystems Inc

NASDAQ:PEGA

PEGA Rankings

PEGA Latest News

PEGA Stock Data

8.17B
42.88M
47.27%
48.72%
0.84%
Software - Application
Services-computer Processing & Data Preparation
Link
United States of America
CAMBRIDGE