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Pegasystems (PEGA) is leveraging its generative AI strategy, particularly through its AI-powered, low-code tool “Pega Blueprint,” which produces over 1,000 new Blueprints weekly, aiding enterprise modernization. A recent partnership with Amazon Web Services (AWS) aims to enhance this momentum by integrating Amazon Bedrock into the Pega ecosystem, allowing clients to use advanced language models securely.
A survey by Pegasystems and Savanta indicated that 68% of IT decision-makers consider outdated legacy systems as a major barrier to AI adoption. The collaboration with AWS targets this issue by implementing agentic AI workflows that streamline cloud migration and modernization, ultimately reducing costs and timelines.
Pegasystems’ stock has risen 8.2% year-to-date, outpacing the broader Zacks Computer and Technology sector, which returned 7.4%. The forward 12-month price-to-earnings ratio for PEGA is at 25.93X, lower than the industry’s 34.25X, and earnings are projected to grow by 24.5% year-over-year to $1.88 per share in 2025.
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