PEGA(US:PEGA) CNBC Televisionยท2025-10-21 21:22Company Overview & Strategic Shift - Pegasus (PGA) has transitioned from mainframes to cloud and AI, focusing on mission-critical tasks for clients [3] - The company recognized the potential of generative AI in 2022, leading to a strategic shift in how its systems are implemented [7][8] - Pegasus's core strength lies in its decisioning engines and workflow capabilities, which AI has simplified and enhanced [8][9] Technological Innovation & Product Offering - Pegasus introduced "blueprint," an AI-powered technology available on pega.com, enabling users to create and visualize business processes [4][5] - Blueprint simplifies the creation of workflows, making Pegasus systems more accessible and powerful [9] - Customers are showing significant enthusiasm for blueprint, indicating strong uptake and tangible results from AI [6] Financial Performance & Market Position - Three years prior to the report, the stock traded under $15 per share, and 6.5 months prior, it was around $31 [1] - The company is experiencing acceleration in annual contract value, particularly in PEGA cloud [4]