Latest news with #PegaBlueprint
Yahoo
5 days ago
- Business
- Yahoo
Pegasystems Bets on GenAI Momentum: Will AWS Partnership Pay Off?
Pegasystems PEGA is capitalizing on the momentum of its generative AI (Gen AI) strategy, with its AI-powered, low-code tool 'Pega Blueprint' emerging as a core driver of enterprise modernization. Generating over 1,000 new Blueprints weekly, the platform is helping clients modernize faster and close deals more efficiently, underscoring the company's growing influence in the rapidly evolving automation latest five-year strategic collaboration with Amazon Web Services (AWS), aimed at legacy system modernization, is expected to help PEGA sustain this momentum. Central to this alliance is the integration of Amazon Bedrock into the Pega Blueprint and Pega Platform, enabling clients to securely leverage top-tier large language models like those from Anthropic, Cohere and Meta Platforms. These Gen AI models improve the entire application lifecycle from design to refinement while preserving enterprise-grade security and compliance.A recent survey by Pegasystems and Savanta revealed that 68% of IT decision-makers cite outdated legacy systems as a major roadblock to AI and automation adoption. The AWS tie-up directly addresses this challenge, integrating AWS Transform's agentic AI workflows with PEGA's cloud-native applications. The collaboration aims to significantly reduce modernization timelines, lower costs and simplify cloud introduction of Pega-as-a-Service on AWS Marketplace streamlines procurement and implementation, providing clients with financial flexibility and faster time to value. For Pegasystems, this move not only expands its recurring revenue model but also signals a firm commitment to helping enterprises modernize at scale through intelligent, AI-driven transformation. Microsoft MSFT challenges Pegasystems with its Power Platform and Azure, offering low-code tools and deep ecosystem integration. Microsoft's dominance in cloud services, AI innovation and diverse revenue streams ensures strong cash flow. While PEGA targets complex legacy transformations with GenAI Blueprint, Microsoft stands out for its accessibility, scalability and seamless enterprise cohesion, making it a broader and more user-friendly automation solution for modern digital NOW competes directly with Pegasystems in workflow and process automation, particularly within ITSM enterprise-wide operations. ServiceNow's AI-powered Core Business Suite, launched in May 2025, streamlines workflows across HR, finance and legal. A strong partner ecosystem, including Amazon, Microsoft and NVIDIA, further enhances scalability and integration. ServiceNow's growing GenAI tools and client base are boosting its revenues through smart automation and efficient enterprise solutions. Pegasystems' shares have gained 8.2% year to date, while the broader Zacks Computer and Technology sector has returned 7.4% and the Computer-Software industry has risen 16.8%. Image Source: Zacks Investment Research PEGA has a Value Score of F. It is currently trading at a forward 12-month price-to-earnings ratio of 25.93X compared to the industry's 34.25X. Image Source: Zacks Investment Research The Zacks Consensus Estimate for PEGA's earnings is pegged at $1.88 per share for 2025, indicating year-over-year growth of 24.5%. The 2025 earnings estimate has been revised upward by 13.9% over the past 60 days. Image Source: Zacks Investment Research PEGA stock currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Microsoft Corporation (MSFT) : Free Stock Analysis Report ServiceNow, Inc. (NOW) : Free Stock Analysis Report Pegasystems Inc. (PEGA) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Channel Post MEA
5 days ago
- Business
- Channel Post MEA
Pega Enters Into Five-Year Strategic Partnership With AWS
Pegasystems has signed a five-year strategic collaboration agreement (SCA) with Amazon Web Services (AWS). The collaboration will empower clients to harness the power of Pega products with AWS advanced generative AI services. This includes leveraging Amazon Bedrock and AWS Transform with Pega Blueprint to accelerate legacy modernization projects, freeing enterprises from time-consuming and resource-draining technical debt and opening the door for agentic automation across enterprise workflows. A recent Pega survey indicates technical debt continues to hold back organizations that increasingly struggle to deliver the digital-first experiences their customers expect. The survey, conducted with research firm Savanta, found that more than two-thirds (68%) of IT decision makers in global enterprises say outdated legacy systems and applications are preventing them from embracing innovative technologies like artificial intelligence and automation. Under this new agreement, Pega and AWS will leverage AWS Transform, which uses agentic AI workflows to automate the full modernization lifecycle, and Pega Blueprint, a cloud-based application that leverages AI agents to accelerate the design and development of Pega-powered workflow applications. Together, this AI-based approach helps clients accelerate their journey to the cloud faster and more efficiently without disrupting critical business functions. This allows them to rethink and replace legacy systems and rapidly deploy the power of predictable AI, agents, and automation to more effectively engage customers, deliver service, and run their operations. Pega will also integrate Amazon Bedrock, a fully managed service, as the primary generative AI foundation powering Pega Blueprint and Pega Platform, an AI decisioning and workflow automation platform used for building enterprise software solutions. Now powered with Amazon Bedrock, clients can securely leverage generative AI large language models (LLMs) from companies including Anthropic, Amazon, Cohere, Meta, and more. With Amazon Bedrock enterprise-grade security controls and governance capabilities, Pega clients can confidently use the power of Amazon Bedrock across the entire app development lifecycle – from requirements analysis to initial workflow design to continual refinement. The agreement affirms Pega's commitment to selling in AWS Marketplace as the preferred transaction mechanism for Pega-as-a-Service, helping to further reduce the time between contract and innovation for clients, while also providing clients with access to financial benefits in AWS Marketplace. Furthermore, this collaboration enables Pega to offer comprehensive migration services and tools that guide on-premises clients through a seamless transition to Pega-as-a-Service. 'By deepening our collaboration with AWS, we're taking another major step in empowering organizations to use generative AI to accelerate their legacy application transformation initiatives,' said John Higgins, chief of client and partner success, Pega. 'It's no longer enough to keep applying incremental changes to legacy systems in the AI era. Clients want to drive strategic business process changes to capture the AI-driven productivity improvements – eliminating technical debt and enabling dynamic and intelligent workflows are significant value drivers for organizations seeking to embrace AI to drive business agility. And that's where we come in. Partners can now differentiate their services by infusing their IP and best practices into Pega Blueprint to transform legacy applications.' 'As a long-standing customer of both Pega and AWS, this timing couldn't be better,' said Manas Kumar Sarkar, vice president enterprise application integration services, Infosys. 'This agreement streamlines the path to integrate the power of Pega Platform and Pega Blueprint into Infosys Cobalt, our industry leading cloud offering built on AWS. We're excited about the value this brings to Infosys as well as to the industry.' 'Generative AI is not only revolutionizing what customers can build in the cloud, but with services like AWS Transform, it's fundamentally changing how quickly and seamlessly they can get to the cloud in the first place,' said Chris Grusz, managing director, technology partners, at AWS. 'Our strategic collaboration with Pega combines AWS AI-powered modernization capabilities with Pega's expertise in enterprise workflow transformation, providing customers with powerful tools to escape technical debt without disrupting critical business operations.'
Business Wire
6 days ago
- Business
- Business Wire
Pega Signs Five-Year Strategic Collaboration Agreement with AWS to Reimagine Legacy Transformation
WALTHAM, Mass.--(BUSINESS WIRE)-- Pegasystems Inc. (NASDAQ: PEGA), the Enterprise Transformation Company™, today announced it has signed a five-year strategic collaboration agreement (SCA) with Amazon Web Services (AWS). The collaboration will empower clients to harness the power of Pega products with AWS advanced generative AI services. This includes leveraging Amazon Bedrock and AWS Transform with Pega Blueprint™ to accelerate legacy modernization projects, freeing enterprises from time-consuming and resource-draining technical debt and opening the door for agentic automation across enterprise workflows. A recent Pega survey indicates technical debt continues to hold back organizations that increasingly struggle to deliver the digital-first experiences their customers expect. The survey, conducted with research firm Savanta, found that more than two-thirds (68%) of IT decision makers in global enterprises say outdated legacy systems and applications are preventing them from embracing innovative technologies like artificial intelligence and automation. Under this new agreement, Pega and AWS will leverage AWS Transform, which uses agentic AI workflows to automate the full modernization lifecycle, and Pega Blueprint, a cloud-based application that leverages AI agents to accelerate the design and development of Pega-powered workflow applications. Together, this AI-based approach helps clients accelerate their journey to the cloud faster and more efficiently without disrupting critical business functions. This allows them to rethink and replace legacy systems and rapidly deploy the power of predictable AI, agents, and automation to more effectively engage customers, deliver service, and run their operations. Pega will also integrate Amazon Bedrock, a fully managed service, as the primary generative AI foundation powering Pega Blueprint and Pega Platform TM, an AI decisioning and workflow automation platform used for building enterprise software solutions. Now powered with Amazon Bedrock, clients can securely leverage generative AI large language models (LLMs) from companies including Anthropic, Amazon, Cohere, Meta, and more. With Amazon Bedrock enterprise-grade security controls and governance capabilities, Pega clients can confidently use the power of Amazon Bedrock across the entire app development lifecycle – from requirements analysis to initial workflow design to continual refinement. The agreement affirms Pega's commitment to selling in AWS Marketplace as the preferred transaction mechanism for Pega-as-a-Service, helping to further reduce the time between contract and innovation for clients, while also providing clients with access to financial benefits in AWS Marketplace. Furthermore, this collaboration enables Pega to offer comprehensive migration services and tools that guide on-premises clients through a seamless transition to Pega-as-a-Service. Quotes and Commentary 'By deepening our collaboration with AWS, we're taking another major step in empowering organizations to use generative AI to accelerate their legacy application transformation initiatives,' said John Higgins, chief of client and partner success, Pega. 'It's no longer enough to keep applying incremental changes to legacy systems in the AI era. Clients want to drive strategic business process changes to capture the AI-driven productivity improvements – eliminating technical debt and enabling dynamic and intelligent workflows are significant value drivers for organizations seeking to embrace AI to drive business agility. And that's where we come in. Partners can now differentiate their services by infusing their IP and best practices into Pega Blueprint to transform legacy applications.' 'As a long-standing customer of both Pega and AWS, this timing couldn't be better,' said Manas Kumar Sarkar, vice president enterprise application integration services, Infosys. 'This agreement streamlines the path to integrate the power of Pega Platform and Pega Blueprint into Infosys Cobalt, our industry leading cloud offering built on AWS. We're excited about the value this brings to Infosys as well as to the industry.' 'Generative AI is not only revolutionizing what customers can build in the cloud, but with services like AWS Transform, it's fundamentally changing how quickly and seamlessly they can get to the cloud in the first place," said Chris Grusz, managing director, technology partners, at AWS. 'Our strategic collaboration with Pega combines AWS AI-powered modernization capabilities with Pega's expertise in enterprise workflow transformation, providing customers with powerful tools to escape technical debt without disrupting critical business operations." Additional Resources About Pegasystems Pega is The Enterprise Transformation Company that helps organizations Build for Change® with enterprise AI decisioning and workflow automation. Many of the world's most influential businesses rely on our platform to solve their most pressing challenges, from personalizing engagement to automating service to streamlining operations. Since 1983, we've built our scalable and flexible architecture to help enterprises meet today's customer demands while continuously transforming for tomorrow. For more information on Pega (NASDAQ: PEGA), visit All trademarks are the property of their respective owners.
Channel Post MEA
06-06-2025
- Business
- Channel Post MEA
Pega Announces Expanded Pega Blueprint Capabilities
Pegasystems has announced expanded Pega Blueprint capabilities that significantly accelerate time-intensive digital transformation initiatives. Now, organizations can leverage powerful agentic AI to ingest, analyze, and convert a wide array of legacy system assets – including videos, documentation, UI screens, technical files, and source code – into modern applications faster than ever. These enhancements dramatically shorten the tedious system analysis phase, immediately creating a reimagined application blueprint ready for the cloud. According to new Pega research, 88% of global IT decision makers say technical debt impacts their ability to keep pace with more agile competitors. But traditional legacy modernization approaches require months of manual discovery and analysis. For older systems, proper documentation often doesn't exist, leaving current IT staff to dig for clues within lines of ancient code written by long-gone programmers. Meanwhile, limited IT resources are diverted to maintenance rather than innovation as customers defect from broken experiences. Pega Blueprint, the revolutionary gen AI-powered workflow design agent, already accelerates application development projects from months to weeks. Now, Pega expands its capabilities to help organizations rapidly assess and reimagine their legacy estate with a wider array of source inputs. Organizations can upload documents, code analysis files, app screenshots, and videos of the app in use into Pega Blueprint, which then analyzes and synthesizes these sources together to design an optimized application starting point. This comprehensive approach gives business and IT teams a head start on their transformation projects while casting a wide net of legacy source information, enabling more informed decisions and reduced iteration cycles. From broken legacy apps to modern cloud systems in record time Pega Blueprint has completely transformed the way clients design and develop new applications. With just a short description in natural language, Pega Blueprint uses the power of gen AI combined with Pega's best practices to quickly create new modern application workflows providing digital front ends infused with agentic automation. Hundreds of leading global organizations have already created thousands of optimized blueprints for almost any business scenario. Clients can use new agentic powers in Pega Blueprint to make it even easier to transform their legacy tech debt into automated cloud-based applications and streamlined customer experiences. Enterprises can jumpstart their transformation with: Upfront agentic AI analysis of broad legacy inputs: Leveraging agentic AI from the start, clients can upload assets from different sources and file types into Pega Blueprint for analysis – including documents, source code, demo videos, and images, along with outputs from leading source code analysis tools such as AWS Q Developer, Google MAT, and others from key Pega partners. Process insights across legacy assets: Pega Blueprint will extract and synthesize information from these uploaded sources to give users insights into legacy system processes. This fuels Pega Blueprint to generate a starting point application workflow for reimagining and retiring these old, inefficient systems. Accelerated data modeling and integration: Pega Blueprint already enables users to upload legacy database structures and integration documents to auto-generate the application data layer. Now, it also analyzes and generates the data fields and data object relationships required to build a comprehensive data model. With this AI analysis, enterprises can accelerate the migration of legacy data to the cloud and the integration of new cloud applications with third-party systems. 'Legacy systems are holding organizations back from delivering the experiences customers expect and the operational efficiency needed to stay competitive,' said Kerim Akgonul, chief product officer, Pega. 'With these expanded Pega Blueprint capabilities, we're enabling organizations to speed up their transformation journey by extracting maximum value from existing documentation, code, or most any source available. This isn't just about lifting and shifting to the cloud – it's about reimagining workflows to create truly modern, efficient applications that drive business value.' 'As organizations grapple with the burden of legacy systems hindering their journey toward autonomous enterprises, Pega Blueprint, combined with our AI-powered framework, enables enterprises to leap directly from outdated architectures to intelligent, agentic systems that deliver exceptional Total Experience,' said Sadagopan S, executive vice president, global head of SaaS and commercial applications, digital business services, HCLTech. 'We're committed to leveraging Pega Blueprint's capabilities to help organizations eliminate tech debt, accelerate legacy transformation, and truly achieve autonomous operations.' 'Legacy modernization is no longer just an IT upgrade—it's a strategic enabler,' said Pankaj Jain, CEO, Aaseya. 'With Pega Blueprint, we are helping enterprises move from patchwork fixes to AI-native, future-ready platforms.'
Yahoo
02-06-2025
- Business
- Yahoo
Pega Blueprint Empowers Partners to Accelerate Clients' Agentic Transformation with Custom IP Integration
New solution allows partners to infuse their proprietary IP into Pega Blueprint's innovative app design capabilities LAS VEGAS, June 02, 2025--(BUSINESS WIRE)--Pegasystems Inc. (NASDAQ: PEGA), The Enterprise Transformation Company™, today at PegaWorld® announced Powered by Pega Blueprint, a new solution that fundamentally shifts how system integrators (SIs) deliver enterprise transformation to their clients. Now, Pega SIs can infuse their own intellectual property (IP) and extensive industry expertise directly into Pega BlueprintTM, Pega's groundbreaking agentic workflow designer. This creates a powerful custom version of Pega Blueprint unique to each partner, allowing them to better collaborate with clients and drive more impactful operational change. SIs are facing immense pressure to deliver transformational solutions to clients aiming to cut costs and modernize their operations. Powered by Pega Blueprint alleviates that pressure and fast tracks innovation by allowing SIs to connect Pega Blueprint to a knowledge base of their own best practices and existing field tools, creating a unique version of the revolutionary design agent all their own. Now, SIs can showcase their transformational know-how with advanced AI-driven reasoning in a way no other design solution can match. Pega Blueprint is the revolutionary agent that has transformed the way clients design and develop new applications. With whatever documents or descriptions that describe their application and goals, Pega Blueprint uses the power of gen AI combined with Pega's best practices to quickly create new modern application workflows infused with agentic automation. Hundreds of leading global organizations have already created thousands of optimized blueprints for thousands of business scenarios. Powered by Pega Blueprint benefits include: AI guidance based on information sources: When partners create a knowledge library including best practices, solution briefs, and process designs, the Powered by Pega Blueprint AI agent combines this with Pega's industry expertise and internet insights. Pega Blueprint then recommends and generates modern application designs that reconcile and optimize these data sources. SIs maintain their control, reliability, and transparency standards while adding new knowledge and IP across teams and implementations. Better collaboration for optimized solutions: Using Powered by Pega Blueprint, SI partners can work with clients to quickly analyze legacy applications, identify roadblocks, and generate reliable, functioning application designs that meet business requirements. SIs can use the intuitive interface to solve a problem using natural language to prototype quickly and showcase optimized, cloud-native application designs so clients clearly see the value they are getting. Empowering the partner ecosystem for more client success: Powered by Pega Blueprint enables Pega SIs to leverage their proprietary expertise more effectively. Partners can swiftly create tailored solutions that address clients' unique challenges. Clients benefit from the wisdom and specialized knowledge of top consultants and implementors, which accelerates innovation cycles, delivers transformative business outcomes, and makes the entire Pega partner ecosystem more effective. Powered by Partner Blueprint will be available later this year, with several Global Elite Partners including Accenture, Capgemini, Cognizant, EY, Infosys, TCS, and Virtusa showcasing how they have built their knowledgebase and demoing their Powered by Pega Blueprint solutions live at PegaWorld, the annual user conference being held at the MGM Grand in Las Vegas. PegaWorld offers inspirational stories of innovation from some of the most important organizations along with hands-on demos. Visit for show highlights. For more information, visit Quotes and commentary"As partners are being asked to transform their clients' operations and still cut costs, they are searching for a more reliable and innovative way to leverage the power of agentic reasoning to accelerate enterprise modernization," said John Higgins, chief of client and partner success at Pega. "By empowering our global partner ecosystem to embed their proprietary knowledge directly into Pega Blueprint, we're creating a multiplier effect that significantly accelerates time-to-value for clients while upholding some of the highest standards of quality and reliability – ultimately creating the next generation of autonomous enterprises." "At Cognizant, we're constantly seeking innovative ways to use generative AI to more efficiently deliver transformation for our clients," said Prashant Gaonkar, vice president and global head of Cognizant's enterprise integration and process orchestration practice. "Powered by Pega Blueprint allows us to import our deep industry knowledge into the solution development process, enabling our clients to benefit from cutting-edge technology and proven implementation methodologies. Combining our industry expertise with Pega Blueprint technology helps us continue to deliver best-in-class, tailored solutions while significantly reducing time-to-market." "EY is excited to add another milestone to our partnership with Pega through the upcoming launch of EY's version of Pega Blueprint, powered by EY content and insight, and leveraging our deep industry expertise and domain knowledge," said Deepak Tiwari, managing director, tech consulting, EY. "This offering exemplifies how domain excellence, amplified by Pega Gen AI, can drive innovation and help clients reinvent their businesses." "Infosys is leveraging Pega Blueprint along with its deep process knowledge across domains to launch its own reference repository of Pega Blueprint," said SP Singh, senior vice president and service offering head, Infosys Ltd. "This is a testament to our partnership with Pega. Our offering combines our in-depth knowledge and insights into various industry processes with Pega GenAI capabilities. Together, this gives us a strong foundation to reimagine and build AI-first connected enterprises for our joint customers. We're confident this will deliver significant value and demonstrate the truly transformative potential of our collaboration." "At Tata Consultancy Services, innovation and agility are critical for enterprises to thrive in a complex digital landscape, and our partnership with Pega reflects that," said Vikram Karakoti, global head, enterprise solutions, TCS. "By integrating Pega Blueprint's design capabilities with our proven best practices, we can empower our clients to reimagine their journeys, simplify operations, and accelerate time-to-value. Together, TCS and Pega are not only delivering technology solutions but also building adaptive, future-ready enterprises capable of responding to evolving business needs." "As the recipient of Pega's 2024 Blueprint Partner of the Year award, Virtusa is exceptionally well-positioned to assist enterprises in their transformation utilizing the power of Pega," said Nitesh Banga, president and chief executive officer, Virtusa Corporation. "Powered by Pega Blueprint empowers us to provide our extensive domain expertise and distinctive value with increased speed, precision, and cost-effectiveness through agentic legacy transformation. We take great pride in being an early adopter of this industry-leading agentic AI technology." Additional resources More information: Powered by Pega Blueprint partner showcase Product info: Pega Blueprint Program info: Pega Partners About PegasystemsPega is The Enterprise Transformation Company that helps organizations Build for Change® with enterprise AI decisioning and workflow automation. Many of the world's most influential businesses rely on our platform to solve their most pressing challenges, from personalizing engagement to automating service to streamlining operations. Since 1983, we've built our scalable and flexible architecture to help enterprises meet today's customer demands while continuously transforming for tomorrow. For more information on Pega (NASDAQ: PEGA), visit All trademarks are the property of their respective owners. View source version on Contacts Press Contact: Ilena RyanDirector of Public 617-866-6722
