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.
TypePublic
Founded1983
HQCambridge, US
Websitepega.com
Employee Ratings4

Latest Updates

Employees (est.) (Jan 2020)5,155(+11%)
Job Openings247
Revenue (FY, 2019)$911.4 M(+3%)
Share Price (Oct 2020)$134.2 (+2%)
Cybersecurity ratingCMore

Key People/Management at Pegasystems

Alan Trefler

Alan Trefler

Founder and CEO
Kerim Akgonul

Kerim Akgonul

Senior Vice President of Products
Adriana Bokel Herde

Adriana Bokel Herde

Chief People Officer and Senior Vice President
Douglas Kra

Douglas Kra

Senior Vice President of Global Client Success
Hayden Stafford

Hayden Stafford

President of Global Client Engagement
Jeff Yanagi

Jeff Yanagi

Senior Vice President, Human Resources
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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
Show all (42)

Pegasystems Financials and Metrics

Pegasystems Revenue

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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
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

750.3m840.6m891.6m911.4m

Revenue growth, %

10%12%6%2%

Cost of goods sold

239.3m279.7m301.8m310.0m

Gross profit

511.0m560.9m589.8m601.4m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

70.6m162.3m114.4m68.4m

Accounts Receivable

265.0m248.3m180.9m199.7m

Current Assets

425.1m512.3m610.6m505.6m

PP&E

38.3m40.4m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

27.0m32.9m10.6m(90.4m)

Depreciation and Amortization

24.1m24.7m44.2m51.3m

Accounts Payable

1.5m14.5m20.8m25.7m

Cash From Operating Activities

39.9m158.2m104.4m(42.2m)
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

9.0m12.7m15.1m27.0m38.4m36.6m12.2m1.8m(5.8m)(28.7m)(61.0m)(91.4m)(25.4m)(46.1m)

Depreciation and Amortization

5.5m11.7m17.9m6.1m12.4m18.7m6.1m12.5m18.7m18.8m33.8m50.6m4.9m10.1m

Accounts Payable

(23.4m)(19.3m)(16.7m)(21.2m)(17.7m)(8.5m)

Cash From Operating Activities

8.6m9.3m17.4m32.4m85.8m113.9m55.7m75.4m67.1m22.7m7.7m(13.5m)(18.3m)(21.2m)
USDQ1, 2016

Revenue/Employee

53.7k

Financial Leverage

1.9 x
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Pegasystems Operating Metrics

Pegasystems's Backlog was reported to be $850.3m in FY, 2017.
FY, 2014FY, 2015FY, 2016FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 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
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Pegasystems Acquisitions / Subsidiaries

Company NameDateDeal Size
In The ChatMay 14, 2019
OpenSpanApril 12, 2016$52.30 m
Pegasystems Information TechnologyOctober 31, 2014
Firefly SoftwareJune 09, 2014
MeshLabsMay 07, 2014
Antenna SoftwareOctober 11, 2013
Chordiant SoftwareMarch 15, 2010
1mind CorpJanuary 31, 2002$3.60 m
Antenna Canada, Inc.
Antenna Software India Private Ltd.
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Pegasystems Cybersecurity Score

Cybersecurity ratingPremium dataset

C

77/100

SecurityScorecard logo

Pegasystems Revenue Breakdown

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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

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Pegasystems News and Updates

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

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…

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…

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...

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...

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,...
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Pegasystems Blogs

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. …

Aimee Sziklai

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…
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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.