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LAS VEGAS - Pegasystems Inc. (NASDAQ: PEGA), an $8.38 billion enterprise transformation company with impressive gross profit margins of 75.74%, has announced the expansion of its Pega Blueprint capabilities at the annual PegaWorld conference. According to InvestingPro data, the company maintains a "GREAT" financial health score, positioning it well for continued innovation. The new features aim to expedite the process of converting legacy system assets into modern, cloud-native applications.
The enhanced Pega Blueprint now employs advanced agentic AI to ingest and analyze various legacy assets, such as videos, documentation, UI screens, technical files, and source code. This process significantly reduces the time required for the system analysis phase, enabling the creation of a cloud-ready application blueprint.
According to recent Pega research, 88% of IT decision-makers acknowledge the negative impact of technical debt on competitiveness. This focus on modernization appears to be paying off, as InvestingPro data shows the company achieved 14.29% revenue growth in the last twelve months, with net income expected to grow further this year. Traditional methods of legacy modernization involve lengthy manual discovery and analysis, often hindered by inadequate documentation and scarce IT resources.
Pega Blueprint’s AI-powered workflow design agent has already reduced application development timelines from months to weeks. The latest capabilities further assist organizations in rapidly assessing and reimagining their legacy systems by accepting a broader range of source inputs for analysis. This comprehensive approach is designed to provide business and IT teams with a head start on transformation projects by facilitating more informed decisions and reducing iteration cycles.
The new Pega Blueprint features include upfront agentic AI analysis of broad legacy inputs, process insights across legacy assets, and accelerated data modeling and integration. These advancements are intended to streamline the migration of legacy data to the cloud and the integration of new applications with third-party systems.
The updated Pega Blueprint capabilities are currently available to all users. The company has showcased these features at PegaWorld, held at the MGM Grand in Las Vegas, where attendees can view demonstrations and hear success stories from various organizations.
Pega’s chief product officer, Kerim Akgonul, emphasized the importance of moving beyond simple cloud migration to reimagining workflows for the creation of efficient applications that drive business value. The company’s goal is to help organizations eliminate technical debt and transition to intelligent, agentic systems that deliver a total experience.
This news report is based on a press release statement from Pegasystems Inc.
In other recent news, Pegasystems Inc. reported strong first-quarter results for 2025, exceeding market expectations with a notable increase in revenue and earnings per share. The company’s performance was highlighted by a $35 million annual contract value beat, which was $22 million after accounting for foreign exchange impacts, and a $118.6 million revenue beat. This robust financial outcome has led Citi to raise its price target for Pegasystems to $116, maintaining a Buy rating, while DA Davidson increased their price target to $90, keeping a Neutral rating. Additionally, Pegasystems announced the launch of Pega Agentic Process Fabric, a service aimed at enhancing automation through AI orchestration, set to be fully available in Q3 2025. The company also introduced AI enhancements to its Pega App Studio to streamline app development, which are expected to be released in the same quarter. Pegasystems is set to join the S&P MidCap 400, replacing Nordstrom Inc. as it exits the index due to an acquisition. This inclusion is anticipated to increase the company’s visibility and potentially broaden its shareholder base. These developments reflect Pegasystems’ ongoing advancements and strategic initiatives in the business software sector.
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