Pegasystems

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Pegasystems Inc.
Type Public (NASDAQ: PEGA)
Industry Software Product
Founded Massachusetts 1983
Headquarters Cambridge, Massachusetts
Key people Alan Trefler
Products Pega BPM, Rules Engine, Customer Process Manager(CPM), Decision Strategy Manager(DSM)
Revenue increaseUS$ 416.7 million (2011)
Net income increaseUS$ 10.1 million (2011)
Employees 1825+
Website www.pega.com

Pegasystems Inc. (NASDAQ: PEGA) is a provider of Business Process Management (BPM) software solutions and a Business rules Platform based in Cambridge, Massachusetts.

Contents

[edit] History

Pegasystems was founded in 1983 by Alan Trefler. Trefler's early experiences teaching computers how to play chess provide the intellectual foundation for his thinking on the importance of rules and automated decision support. Pegasystems went public in 1996 and is listed on the NASDAQ exchange under the symbol PEGA.

Pegasystems is headquartered in Cambridge, Massachusetts, with regional offices across North America, Europe and Asia Pacific. Pegasystems has been consistently ranked as an industry leader in Business Process Management by both Forrester Research [1] and Gartner Research [2]. For the fiscal year 2011, Pegasystems realized revenues of $416.7 million (USD).

On 15 March 2010 Pegasystems announced it was acquiring Chordiant for a price of up to approximately $161.5 million.

[edit] Solutions

Pegasystems provides a rules-driven Business Process Management (BPM) suite intended to help businesses plan, build, and manage processes through their entire lifecycle. Pegasystems Smart blends process and practice rules to rapidly deploy and update solutions in response to changing circumstances. The foundation of the SmartBPM Suite is PegaRULES, Pegasystems' business rules engine that delivers dynamic and situation rule resolution to manage business processes.

[edit] References

  1. ^ Pegasystems Leads With A Focus On Process Agility , The Forrester Wave Vendor Summary, Q3 2007 [1]
  2. ^ Pegasystems is positioned as a leader in the "Magic Quadrant for Business Process Management Suites", Gartner March, 2009 [2]

[edit] External links

[edit] Further reading

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