Pegasystems Inc (NAS:PEGA)
$ 58.82 1.24 (2.15%) Market Cap: 5.00 Bil Enterprise Value: 4.96 Bil PE Ratio: 70.02 PB Ratio: 12.81 GF Score: 82/100
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Pegasystems Inc at Morgan Stanley Technology, Media, and Telecom Conference (Virtual) Transcript

Mar 10, 2022 / 12:10AM GMT
Release Date Price: $78.68 (-1.93%)
Unidentified Analyst

Hi, everyone. Welcome. Our final meeting of the first day, and certainly, it's good to be back in person this year after a hiatus last year. Today, we have Ken Stillwell. We'll be talking everything Pega here.

So before we get going, I think people probably have a varying or a wide-ranging understanding of kind of what you are, what you guys have done, given the history of the company. So maybe just to level set here quickly, if you can give folks a quick background, where you guys have kind of transitioned the business and kind of how would you just describe it?

Kenneth R. Stillwell
Pegasystems Inc. - COO & CFO

Sure. So Pega, if you -- I'll make this quick. In the early days of Pega, we were a different way of writing code, right? So companies 20, 30 years ago would go out and use whatever language -- whatever code language they were using. They would try to write certain applications that you couldn't really buy more out of the box. Enterprise companies certainly are more prone to do that when they're trying to kind of orchestrate

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