Pega AI
Pega AI
M . Sai Madhuri
Jaya Prakash Narayan college of Engineering
Pega is a low-code platform for AI-powered decisioning and work flow automation
The Pega platform makes it simpler for enterprises to work smarter, unify experiences,
and adapt instantly. Thanks to our scalable, made-to-measure architecture, even the
biggest organizations can stay streamlined and ready for what’s next.
Introduction:
Pega is a Java-based business process management tool that is used to build enterprise
applications. Among all the BPM tools in the market, Pega is the leading and No-1 tool
according to market standards far beyond its competitors. Pega enables in creating and
managing web-based applications with less effort. All the components involved in a web-
based application are inbuilt in Pega like the integration with Oracle Databases and other
external systems. Pega even has the best in class Software Configuration Management system
built in it. It has been proved that application development in Pega takes only one-third of an
effort compared to Java.
Pega is an American software company based in Cambridge, Massachusetts. Founded in 1983,
Pegasystems develops software for customer relationship management (CRM) and business
process management (BPM). The company has been publicly traded since 1996 as PEGA
Why PEGA technology is important?
The following are the reasons to use Pega:
• Pega has a unified Visual Designer Studio for designing capabilities without coding.
• Pega BPM is portable across the enterprise and can be used in managed cloud and
private cloud to build abilities required for the application.
• It eliminates coding and automates the process of building complex systems at the
enterprise level.
• Pega is designed to reduce the time of changes in the software.
• Pega product is built on Java and provides Java code that is executed at runtime.
WHAT IS BPM(BUSINESS PROCESS MANAGEMENT)?
Business process management (BPM) is a methodology to manage processes and workflows
in an organization. The goal of BPM is to increase efficiency, performance, and agility in the
day-to-day operations of a business. BPM has been widely adopted by organizations and is
essential for any enterprise business that wants to be competitive in today’s marketplace.
For example, the world’s leading airlines utilize BPM to manage flight schedules and terminal
operations.
Here is its methodology:-
BPM methodology can generally be implemented in the following steps:
1. Analysis: Comprehensive analysis is done to discover and identify processes that can be
created or optimized to meet business requirements or improve performance. Specifications
for a design solution can be derived from this analysis.
2. Design: The design of a process involves workflows that include human-to-human, system-to-
system, or human-to-system interactions. The design should aim to reduce errors and maintain
relevant standard operating procedures or service level agreements.
3. Modeling: Once the process design is ready, it can be modeled using varying input values to
observe its behavior. If undesirable behavior is observed, design changes can be made iteratively.
Software tools are available to effectively model and evaluate processes.
4. Execution: A process model can be executed using a business rules engine to govern process
execution.
5. Monitoring: During execution, processes can be monitored to collect reporting data for
performance, errors, and compliance. Monitoring allows businesses to evaluate executed BPM
solutions against corresponding design models and against relevant KPIs. Data collected by real-time
or ad-hoc monitoring can also be used by the predictive analytics software to anticipate future
problems.
6. Optimization: Data from the modeling and monitoring phases can be used to identify areas of the
solution that can be improved to derive higher efficiency and better value.
What is PEGA's BPM technology?
Pega’s BPM technology helps you quickly build business applications that deliver the
outcomes and end-to-end customer experiences your customers demand. Additionally,
PEGA is 40% faster in mobile development, eight times faster in analysis and design, and
eight times faster in introducing change. Pega BPM is available on-premise or in the PEGA
cloud.
Future Scope of PEGA technology:
The future of Pega developers is wide and has more job opportunities in the current
situation. A skilled developer has a great demand over the globe. Pega is required for every
business need to maintain a business process management tool that helps developers. PEGA
partnered with leading companies like Accenture, TCS, Capgemini, Infosys. We can see that
there is a tremendous demand for PEGA developers and their demand will continue to rise.
Apart from these benefits, a developer can earn a high income on an average of $80,000 as
predicted by online data. A beginner Pega developer can earn around $50,000. A senior Pega
developer can earn much more.
PEGA GenAI