Pegasystems Inc (STU:PEA)
€ 76.5 2 (2.68%) Market Cap: 6.65 Bil Enterprise Value: 6.54 Bil PE Ratio: 60.65 PB Ratio: 15.29 GF Score: 72/100

Pegasystems Inc at Needham Technology & Media Conference (Virtual) Transcript

May 20, 2020 / 05:00PM GMT
Release Date Price: €79.48 (-0.45%)
Jon Philip Andrews
Needham & Company, LLC, Research Division - Senior Analyst

Well good afternoon. I'm Jack Andrews. I cover the data analytics and infrastructure software space here at Needham, and we're very pleased to have Ken Stillwell with us today, Chief Financial Officer of Pegasystems. So welcome Ken. Thanks for taking the time to join us today. Maybe just to sort of start off, for those who may be new to Pega, can you just provide a maybe a quick overview of the company along a couple of dimensions. One would just be your overall product set, the markets you serve. And then I guess the other dimension to talk about is we've been on a journey towards a subscription transition.

Kenneth R. Stillwell
Pegasystems Inc. - SVP, Chief Administrative Officer & CFO

Sure, Jack. So we -- Pega started off in -- early in our history, we were the leader in business process management. And that -- for those that don't know what that encompasses, that was largely applications that were built to manage certain execution of workflows and using things like case

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