Strong Cloud Subscription Aids PEGA's Prospects: What's More to Come?

Key Takeaways Pegasystems (PEGA) expects strong traction in its cloud-subscription business to continue, which is increasingly driving overall cloud growth. Key initiatives to sustain this momentum include a 5-year strategic collaboration with Amazon's cloud arm, Amazon Web Services (AWS), as PEGA intends to capitalize on major market trends, including AI, legacy transformation and cloud migration. PEGA's Public Sector positioning has strengthened with its FedRAMP High certification, a United States governm ...