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United States : Pegasystems Announces Financial Results for Third Quarter and Nine Months of 2014 [TendersInfo (India)]
[November 06, 2014]

United States : Pegasystems Announces Financial Results for Third Quarter and Nine Months of 2014 [TendersInfo (India)]


(TendersInfo (India) Via Acquire Media NewsEdge) Pegasystems Inc., the software company powering the digital enterprise, today announced results for its third quarter and nine months ended September 30, 2014.

Our year-to-date results are very solid and reflect the increasing benefits Pega clients are achieving through the use of our technology. For the quarter, we achieved license revenue growth of 8% over last year s exceptional Q3 2013 results, bringing the first three quarters license revenue to $155 million, or a 21% increase over last year, said Alan Trefler, Founder and CEO of Pegasystems. This continues what has been a strong performance this year for Pegasystems, and we continue to see significant growth opportunities.



Our business growth is benefiting from customers looking to drive strategic digital transformation initiatives, as well as from those taking pragmatic steps to improve their customer engagement and simplify their operations, said Mr. Trefler. This quarter, we made significant progress incorporating the technologies we acquired earlier this year to provide more robust product offerings to meet our customers evolving needs.

(c) 2014 Euclid Infotech Pvt. Ltd. Provided by SyndiGate Media Inc. (Syndigate.info).

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