Since March 2020, Pegasystems has sponsored the Boston punk band Dropkick Murphys. In May 2019, the company bought In The Chat, a digital messaging platform.
Pega app design studio software#
In February 2019, Pegasystems purchased Infruid Labs, a business analytics and data visualization software company. Clients Google, Aflac, and Anthem promoted Pega software at the 2018 PegaWorld conference, an annual conference held since 2006. In 2016, Pegasystems announced training and certification on the Pega 7 platform for educators and students. Based in Atlanta, Georgia, OpenSpan specialized in robotic process automation and workforce analytics software. In January 2016, it was reported that Pegasystems planned on raising its number of employees significantly, and the company announced the acquisition of OpenSpan Inc. There was a steady rise in the company's share price in 2015, with higher than expected revenues from the year prior. Between 20, Pegasystems had average sales growth of 21% per year. By September of that year, companies who had built teams of Pegasystems specialists included Virtusa (engineering and solution delivery partner since 2001), Accenture, Ernst & Young and Cognizant. īy early 2015, Pegasystems remained a publicly traded company on the Nasdaq, with 3,000 employees, 30 offices, and "more than half a billion dollars in revenue." As of February 2015, the company had active partnerships with IT outsourcing companies such as Hexaware, NIIT Incessant Technologies, Tata Consultancy Services, Infosys, Wipro, HCL Technologies, Accenture and Cognizant. By July 2014 the company was worth around US$1 billion. By the summer of 2014, Pegasystems remained headquartered in Cambridge, Massachusetts with 2,700 employees. The startup from Philadelphia, Pennsylvania was the company's first move into the cobrowsing market. Pegasystems acquired Firefly in June 2014, a co-browsing tool funded by First Round Capital. The Times of India reported that Pegasystems would integrate MeshLabs's text analytics software to "gather unstructured social media data and decode it into actionable business insights for its clients." The financial details of the transaction were not disclosed. In May 2014, Pegasystems acquired the Bangalore-based MeshLabs, a text mining and analytics software startup.
Over the following year, Pegasystems invested in network operations in North America and India to support its cloud services. In 2014, Pegasystems hired a cloud technology proponent to develop its cloud technology strategy. Located in New Jersey, Antenna also had bases in Kraków and Bangalore. Pega Cloud was introduced using Amazon Web Services in 2012, and in October 2013, Pegasystems acquired the mobile application developer Antenna Software for $27.7 million. The acquisition gave Pegasystems access to new markets such as online training, telecommunications and healthcare, with Pegasystems integrating Chordiant and its customer relationship management (CRM) technology into its existing operations. In March 2010, Pegasystems acquired the enterprise software company Chordiant for around $161.5 million. After restating their earnings, Pegasystems faced an investigation by the SEC, which was dropped in 2002. Pegasystems entered a period of financial trouble in the late 1990s, following a dispute with its accountants, Ernst & Young. Raising several millions in funding in the process, going public freed the company from needing to pursue venture capital investments. The company went public in 1996 with initial and secondary public offerings, and began trading on NASDAQ under the symbol PEGA. As a private company, Pegasystems was "bootstrapped" initially, but did not take on outside investors. An article in Computerworld traces business rules engine to the early 1990s and to products from Pegasystems, Fair Isaac Corp and ILOG. Trefler recollects that when he started Pegasystems, he wanted to create software for business people, how business-people wanted things to work. During the company's early years it focused on providing case management, namely for companies such as American Express. Prior to founding the company, in the early 1980s Trefler had developed computer systems that could play chess. Alan Trefler founded Pegasystems in 1983 at the age of 27, in Cambridge, Massachusetts.
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