Pegasystems' Q3 Surprise: AI and Cloud Power Growth
Update: 2025-10-23
Description
Pegasystems stuns Wall Street with a 17% revenue jump and a 50% profit surge, fueled by rapid adoption of their AI-powered Blueprint design tool and cloud platform. CEO Alan Trefler credits AI-driven application design for their competitive edge, slashing project launch times from months to days. Investors are bullish as Pegasystems shifts to a subscription model, empowers partners, and pioneers usage-based pricing, targeting cloud growth, global expansion, and modernizing legacy IT systems.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
