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, MA, US | Map |
| Website | pega.com | |
| Employee Ratings | More | |
| Overall Culture | A+ | More |
Recent NewsAll News
- Pegasystems acquires Qurious.io to apply speech analytics to customer service
- New offering from Pegasystems improves enterprise efficiency while speeding digital transformation
- Pegasystems provides backbone to dislocated business strategies
- Pegasystems Inc. Prices $525.0 Million Convertible Senior Notes Offering
Key People/Management at Pegasystems
Alan Trefler
Director, 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 36 other locations
Cambridge, MA, US (HQ)
Rogers St & First St
Alpharetta, GA, US
11175 Cicero Dr #200
Bethesda, MD, US
4800 Hampden Ln #200
Chicago, IL, US
125 S Wacker Dr #300
Detroit, MI, US
400 Renaissance Center #2600
Irving, TX, US
222 West Las Colinas Boulevard Suite 1650E
Pegasystems Financials and Metrics
Pegasystems Revenue
Pegasystems's revenue was reported to be $1.02 b in FY, 2020
| USD | |
|---|---|
Revenue (FY, 2020) | 1.0b |
Gross profit (FY, 2020) | 706.6m |
Gross profit margin (FY, 2020), % | 69.4% |
Net income (FY, 2020) | (61.4m) |
EBIT (FY, 2020) | (143.5m) |
Market capitalization (1-Mar-2021) | 11.0b |
Closing stock price (1-Mar-2021) | 136.1 |
Cash (31-Dec-2020) | 465.2m |
EV | 11.1b |
Pegasystems's current market capitalization is $11 b.
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 235.2m | 196.8m | 203.3m | 212.5m | 205.6m | 216.7m | 265.6m | 227.4m | 226.0m |
Cost of goods sold | 75.6m | 73.8m | 74.4m | 74.4m | 77.1m | 80.9m | 79.5m | 76.7m | 77.8m |
Gross profit | 159.6m | 123.0m | 128.8m | 138.1m | 128.5m | 135.8m | 186.1m | 150.7m | 148.2m |
Gross profit Margin, % | 68% | 62% | 63% | 65% | 63% | 63% | 70% | 66% | 66% |
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 165.8m | 144.3m | 106.2m | 110.4m | 95.5m | 92.1m | 538.1m | 512.1m | 281.2m |
Accounts Receivable | 165.0m | 141.4m | 150.7m | 135.4m | 135.0m | 123.3m | 191.5m | 181.7m | 138.0m |
Current Assets | 624.2m | 600.2m | 586.1m | 562.7m | 536.9m | 466.1m | 984.1m | 969.9m | 904.2m |
Goodwill | 73.0m | 72.9m | 72.9m | 72.9m | 79.0m | 78.9m | 78.5m | 78.7m | 78.9m |
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 12.2m | 1.8m | (5.8m) | (28.7m) | (61.0m) | (91.4m) | (25.4m) | (46.1m) | (65.4m) |
Depreciation and Amortization | 6.1m | 12.5m | 18.7m | 18.8m | 33.8m | 50.6m | 4.9m | 10.1m | 15.7m |
Cash From Operating Activities | 55.7m | 75.4m | 67.1m | 22.7m | 7.7m | (13.5m) | (18.3m) | (21.2m) | (26.3m) |
Purchases of PP&E | (4.9m) | (6.4m) | (12.5m) | (19.1m) | (21.8m) |
| USD | FY, 2017 |
|---|---|
Revenue/Employee | 215.1k |
Financial Leverage | 1.9 x |
Pegasystems Operating Metrics
Pegasystems's Backlog was reported to be $838m in Q3, 2020.
| FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Remaining Performance Obligations | $476.66 m | $522.33 m | $630.97 m | $632.58 m | $628.29 m | $608.58 m | $836.14 m | $753.83 m | $817.18 m | $837.99 m | |||||
Backlog | $540.30 m | $580.90 m | $707.80 m | $850.30 m | $633 m | $628 m | $609 m | $754 m | $817 m | $838 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 | $711 m | $738 m | $777 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 |
|---|---|---|
| Valued | January 11, 2021 | |
| In The Chat | May 14, 2019 | |
| Infruid Labs | February 06, 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 |
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 Cybersecurity Score
Pegasystems Environment, Social & Governance (ESG) Ratings
Pegasystems Online and Social Media Presence
47.5k Twitter followers
Pegasystems has 47.5k Twitter Followers. The number of followers has decreased 0.2% quarter over quarter
Pegasystems's Trends
Twitter Engagement Stats for @pega
18.5k
Tweets
5.9k
Following
47.5k
Followers
94
Tweets last 30 days
6.1
Avg. likes per Tweet
94.7%
Tweets with engagement
Pegasystems Company Culture
Overall Culture
A+
83/100
CEO Rating
A+
87/100
Compensation
A+
91/100
Diversity
A+
88/100
Pegasystems News and Updates
January 11, 2021
Pegasystems acquires Qurious.io to apply speech analytics to customer service
Pegasystems has acquired Qurious.io to bring speech analytics to customer service interactions augmented by AI.
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
October 30, 2018
Adriana Bokel Herde
October 25, 2018
Nolan Greene
September 14, 2018
Gerry McCool
September 04, 2018
Pegasystems Ranked a Category Leader in KYC Systems by Chartis Research for Second Consecutive Year
Subtitle:
Leading risk technology analyst firm rates Pega among top industry providers
Date:
Tuesday, September 4, 2018 - 09:00
Industry:
Financial Services
Topic:
Case Management
Body:
CAMBRIDGE, Mass. – September 4, 2018 – Pegasystems Inc. (NASDAQ: PEGA), the software company empowerin…
August 31, 2018
La Clé Du Succès : Un Système De Recommandations Et D’Engagement Dynamique Et Unifié
Article URL:
Read
Français
August 23, 2018
Machine Learning: Exciting Technology, Exciting (Mostly) Applications
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 $1 b.
What is Pegasystems revenue per employee?
Latest Pegasystems revenue per employee is $197.4 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 36 other locations.
How many offices does Pegasystems have?
Pegasystems has 42 offices.
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