Pegasystems Inc (NAS:PEGA)
$ 66.47 -0.97 (-1.44%) Market Cap: 5.68 Bil Enterprise Value: 5.68 Bil PE Ratio: 45.22 PB Ratio: 13.03 GF Score: 77/100

Pegasystems Inc at Goldman Sachs Communacopia + Technology Conference Transcript

Sep 15, 2022 / 02:30PM GMT
Release Date Price: $40.24 (+0.73%)
Kevin Kumar
Goldman Sachs Group, Inc., Research Division - Associate

I think we'll go ahead and get started here. I am Kevin Kumar. I'm part of the software team at Goldman. And with me, I have Ken Stillwell, CFO and COO of Pegasystems.

Kenneth R. Stillwell
Pegasystems Inc. - COO & CFO

Hey, Kevin. Thanks a lot.

Kevin Kumar
Goldman Sachs Group, Inc., Research Division - Associate

Great. Yes, maybe to start off, for folks that are maybe newer to the story and to level-set, could you maybe give a brief kind of intro on Pega, kind of the history and kind of the pain point that the platform is addressing.

Kenneth R. Stillwell
Pegasystems Inc. - COO & CFO

Sure. So Pega originally started out as a more of an alternative to writing custom code for certain types of activities in the enterprise and enterprise clients. So it wasn't really architected early on to be a true low-code platform, but I would say that it helped you adopt things that were a little bit more

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