OverviewSuggest Edit
Pegasystems is a company developing customer engagement and digital process automation software. It offers a platform that comprises CRM applications, low-code app development environment, client onboarding, lifecycle management, and KYC applications and provides AI-powered decisioning, BPM (business process management) and case management, cloud services, robotic process automation, and other capabilities. The company serves financial services, insurance, healthcare and life sciences, government, manufacturing and high technology, energy and utilities, media and entertainment, automotive, and other industries.
| Type | Public | |
| Founded | 1983 | |
| HQ | Cambridge, US | Map |
| Website | pega.com | |
| Employee Ratings | More |
Key People/Management at Pegasystems
Alan Trefler
Founder and CEO
Kerim Akgonul
Senior Vice President of Products
Adriana Bokel Herde
Chief People Officer and Senior Vice President
Douglas Kra
Senior Vice President of Global Client Success
Hayden Stafford
President of Global Client Engagement
Jeff Yanagi
Senior Vice President, Human Resources
Pegasystems Office Locations
Pegasystems has offices in Cambridge, Alpharetta, Bethesda, Chicago and in 35 other locations
Cambridge, US (HQ)
Rogers St & First St
Alpharetta, US
11175 Cicero Dr #200
Bethesda, US
4800 Hampden Ln #200
Chicago, US
125 S Wacker Dr #300
Detroit, US
400 Renaissance Center #2600
Irving, US
222 West Las Colinas Boulevard Suite 1650E
Pegasystems Financials and Metrics
Pegasystems Revenue
Pegasystems's revenue was reported to be $911.38 m in FY, 2019 which is a 2.2% increase from the previous period.
| USD | |
|---|---|
Revenue (Q2, 2020) | 53.3m |
Gross profit (Q2, 2020) | 52.3m |
Gross profit margin (Q2, 2020), % | 98.2% |
Market capitalization (23-Oct-2020) | 10.8b |
Closing stock price (23-Oct-2020) | 134.2 |
Cash (30-Jun-2020) | 512.1m |
EV | 10.3b |
Pegasystems's current market capitalization is $10.8 b.
Annual
Quarterly
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 178.9m | 189.0m | 182.8m | 223.2m | 198.0m | 179.8m | 235.2m | 196.8m | 203.3m | 212.5m | 205.6m | 216.7m | 265.6m | 53.3m |
Cost of goods sold | 56.5m | 60.1m | 60.4m | 68.1m | 67.9m | 69.7m | 75.6m | 73.8m | 74.4m | 74.4m | 77.1m | 80.9m | 79.5m | 979.0k |
Gross profit | 122.3m | 128.9m | 122.4m | 155.2m | 130.1m | 110.1m | 159.6m | 123.0m | 128.8m | 138.1m | 128.5m | 135.8m | 186.1m | 52.3m |
Gross profit Margin, % | 68% | 68% | 67% | 70% | 66% | 61% | 68% | 62% | 63% | 65% | 63% | 63% | 70% | 98% |
Annual
Quarterly
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 92.2m | 64.3m | 66.4m | 83.8m | 121.6m | 130.6m | 165.8m | 144.3m | 106.2m | 110.4m | 95.5m | 92.1m | 538.1m | 512.1m |
Accounts Receivable | 202.4m | 198.9m | 208.6m | 263.3m | 217.0m | 191.2m | 165.0m | 141.4m | 150.7m | 135.4m | 135.0m | 123.3m | 191.5m | 181.7m |
Current Assets | 436.8m | 384.5m | 378.7m | 441.6m | 437.6m | 438.1m | 624.2m | 600.2m | 586.1m | 562.7m | 536.9m | 466.1m | 984.1m | 969.9m |
PP&E | 35.9m | 37.7m | 39.3m | 39.9m | 38.9m | 39.8m |
Annual
Quarterly
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 9.0m | 12.7m | 15.1m | 27.0m | 38.4m | 36.6m | 12.2m | 1.8m | (5.8m) | (28.7m) | (61.0m) | (91.4m) | (25.4m) | (46.1m) |
Depreciation and Amortization | 5.5m | 11.7m | 17.9m | 6.1m | 12.4m | 18.7m | 6.1m | 12.5m | 18.7m | 18.8m | 33.8m | 50.6m | 4.9m | 10.1m |
Accounts Payable | (23.4m) | (19.3m) | (16.7m) | (21.2m) | (17.7m) | (8.5m) | ||||||||
Cash From Operating Activities | 8.6m | 9.3m | 17.4m | 32.4m | 85.8m | 113.9m | 55.7m | 75.4m | 67.1m | 22.7m | 7.7m | (13.5m) | (18.3m) | (21.2m) |
| USD | Q1, 2016 |
|---|---|
Revenue/Employee | 53.7k |
Financial Leverage | 1.9 x |
Pegasystems Operating Metrics
Pegasystems's Backlog was reported to be $850.3m in FY, 2017.
| FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Remaining Performance Obligations | $476.66 m | $522.33 m | $630.97 m | $632.58 m | $628.29 m | $608.58 m | $836.14 m | |||||
Backlog | $540.30 m | $580.90 m | $707.80 m | $850.30 m | ||||||||
Annual Contract Value | $469.47 m | $494.13 m | $514.53 m | €536.76 m | $570.03 m | $590.77 m | $612.69 m | $634.35 m | $693.29 m | |||
Annual Contract Value (Maintenance) | $254.35 m | $258.10 m | $263.62 m | $264.07 m | $269.71 m | $277.32 m | $281.48 m | $292.70 m |
Pegasystems Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| In The Chat | May 14, 2019 | |
| OpenSpan | April 12, 2016 | $52.30 m |
| Pegasystems Information Technology | October 31, 2014 | |
| Firefly Software | June 09, 2014 | |
| MeshLabs | May 07, 2014 | |
| Antenna Software | October 11, 2013 | |
| Chordiant Software | March 15, 2010 | |
| 1mind Corp | January 31, 2002 | $3.60 m |
| Antenna Canada, Inc. | ||
| Antenna Software India Private Ltd. |
Pegasystems Cybersecurity Score
Pegasystems Revenue Breakdown
Pegasystems revenue breakdown by business segment: 38.6% from Services, 30.8% from Maintenance and 30.7% from Software License
Pegasystems revenue breakdown by geographic segment: 11.0% from Asia Pacific, 15.1% from Other EMEA, 9.6% from United Kingdom, 6.6% from Other Americas and 57.6% from U.S.
Pegasystems Online and Social Media Presence
47.62k Twitter followers
Pegasystems has 47.62k Twitter Followers. The number of followers has decreased 0.1% quarter over quarter
Pegasystems's Trends
Twitter Engagement Stats for @pega
18.1k
Tweets
5.9k
Following
47.6k
Followers
119
Tweets last 30 days
5.1
Avg. likes per Tweet
100%
Tweets with engagement
Pegasystems News and Updates
August 03, 2020
BPM-platform-based Case Management Software (BPMS) Market – Major Technology Giants in Buzz Again | Hyland, Appian, Pegasystems, Bizagi, PMG
Keep yourself up-to-date with latest market trends and maintain a competitive edge by sizing up with available business opportunity in BPM-platform-based Case Management Software (BPMS) Market various segments and emerging territory. Posted via Industry Today. Follow us on Twitter @IndustryToday
June 03, 2020
New offering from Pegasystems improves enterprise efficiency while speeding digital transformation
All of the studies, evaluation, and endless analysis are finally over. The current global crisis has driven companies to embrace digital transformation, and Pegasystems Inc. has positioned itself at the heart of this transition. “There’s been a lot of talk about it over several years, and there’s b…
June 02, 2020
Pegasystems provides backbone to dislocated business strategies
Strategic business plans have been set, shredded, and set again under the pressure of COVID-19. First came the panic of how to navigate through the sudden switch as customers and employees went remote. Now, with the fires mostly under control, the long-term understanding of what failed and why is c…
February 20, 2020
Pegasystems Inc. Prices $525.0 Million Convertible Senior Notes Offering
CAMBRIDGE, Mass., Feb. 19, 2020 /PRNewswire/ -- Pegasystems Inc. ("Pega") (NASDAQ: PEGA), the software company empowering digital transformation at the world's leading enterprises, today announced the pricing of its offering of $525,000,000 aggregate principal amount of 0.75% Convertible...
July 09, 2019
Pegasystems Named a Visionary in Gartner's Magic Quadrant for Sales Force Automation
CAMBRIDGE, Mass., July 9, 2019 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the software company empowering digital transformation at the world's leading enterprises, today announced it has been named a Visionary in the Gartner Magic Quadrant for Sales Force Automation (1). This is...
May 21, 2019
Pegasystems to Hold Investor Session at PegaWorld 2019
CAMBRIDGE, Mass., May 21, 2019 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the software company empowering digital transformation at the world's leading enterprises, today announced that an Investor Session will be held at PegaWorld 2019 in Las Vegas hosted by Ken Stillwell, CFO,...
Pegasystems Blogs
August 23, 2018
One on One: Vince Jeffs — From Database Marketing to Today's Marketing Tech
Article URL:
Read
August 23, 2018
Pegasystems Appoints Jeff Farley as Vice President of Global Sales Operations
Date:
Thursday, August 23, 2018 - 09:00
Body:
CAMBRIDGE, Mass. – August 23, 2018 – Pegasystems Inc. (NASDAQ: PEGA), the software company empowering customer engagement at the world’s leading enterprises, today announced it has appointed Jeff Farley as vice president of global sales operations. …
August 23, 2018
Aimee Sziklai
August 16, 2018
Pega verbindet CRM mit Blockchain
Date:
Monday, August 13, 2018 - 11:15
Industry:
All Industries
Body:
München, 13. August 2018 – Mit dem Pega Blockchain Innovation Kit können Unternehmen Schnittstellen für die Verbindung der Blockchain-Technologie mit der Pega Platform entwickeln, und diese Zukunftstechnologie damit für ihre…
August 14, 2018
How to create breakthrough business results by augmenting people with the latest technologies
Article URL:
Read
Pegasystems Frequently Asked Questions
When was Pegasystems founded?
Pegasystems was founded in 1983.
Who are Pegasystems key executives?
Pegasystems's key executives are Alan Trefler, Kerim Akgonul and Adriana Bokel Herde.
How many employees does Pegasystems have?
Pegasystems has 5,155 employees.
What is Pegasystems revenue?
Latest Pegasystems annual revenue is $911.4 m.
What is Pegasystems revenue per employee?
Latest Pegasystems revenue per employee is $176.8 k.
Who are Pegasystems competitors?
Competitors of Pegasystems include QuickBase, Red Hat and Verint.
Where is Pegasystems headquarters?
Pegasystems headquarters is located at Rogers St & First St, Cambridge.
Where are Pegasystems offices?
Pegasystems has offices in Cambridge, Alpharetta, Bethesda, Chicago and in 35 other locations.
How many offices does Pegasystems have?
Pegasystems has 42 offices.
Learn about Craft real-time company insights
Receive alerts for 300+ data fields across thousands of companies