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Pegasystems history
Pegasystems company history timeline
Since 1983, we’ve built our scalable and flexible architecture help people focus on what matters most, so they can meet today’s customer demands while continuously transforming for tomorrow.
The company went public in 1996 with initial and secondary public offerings, and began trading on NASDAQ under the symbol PEGA. Raising several millions in funding in the process, going public freed the company from needing to pursue venture capital investments.
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.
After restating their earnings, Pegasystems faced an investigation by the SEC, which was dropped in 2002.
Since 2006, the company has held an annual users' conference, PegaWorld.
In March 2010, Pegasystems acquired the enterprise software company Chordiant for around $161.5 million.
Pegasystems acquired Firefly in June 2014, a co-browsing tool funded by First Round Capital.
By July 2014 the company was worth around US$1 billion.
There was a steady rise in the company's share price in 2015, with higher than expected revenues from the year prior.
In 2016, Pegasystems announced training and certification on the Pega 7 platform for educators and students.
Clients Google, Aflac, and Anthem promoted Pega software at the 2018 PegaWorld conference.
PegaWorld iNspire 2022 replays
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Pegasystems competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Micro Focus (US), Inc. | 1976 | $3.0B | 12,000 | - |
| Citrix | 1989 | $3.2B | 9,000 | 5 |
| Informatica | 1993 | $1.6B | 5,249 | 5 |
| Juniper Networks | 1996 | $5.1B | 9,400 | - |
| Zendesk | 2007 | $1.3B | 5,921 | 77 |
| HubSpot | 2006 | $2.6B | 5,895 | 36 |
| Nutanix | 2009 | $2.1B | 5,000 | 645 |
| VMware | 1998 | $13.4B | 31,000 | 2 |
| Gartner | 1979 | $6.3B | 16,724 | 370 |
| Greenhouse Software | 2012 | $16.0M | 371 | 1 |
Pegasystems history FAQs
Zippia gives an in-depth look into the details of Pegasystems, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Pegasystems. The employee data is based on information from people who have self-reported their past or current employments at Pegasystems. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Pegasystems. The data presented on this page does not represent the view of Pegasystems and its employees or that of Zippia.
Pegasystems may also be known as or be related to PEGASYSTEMS INC, Pegasystems, Pegasystems Inc and Pegasystems Inc.