Pegasystems has updated its Pega Infinity software suite with new AI features for business users, including backend operations employees and service representatives, as well as developers.
The Cambridge, Mass.-based CRM and business process management (BPM) provider added AI capabilities on October 18 in its Pega Infinity 8.8 low-code enterprise platform update, with new features for Pega Platform, Pega Customer Decision Hub and Pega Customer Service.
The update’s tilt toward non-data-savvy citizen developers joins the trend of software vendors — including tech giants, midsize companies, and startups — to skew systems and capabilities to ‘AI to professional users.
Targeting business users
With the update, Pegasystems also targeted business users with new AI capabilities for its Pega Platform automation system, including a Developer Assistant panel, an application that provides recommendations to developers; a prediction widget that shows users how AI-powered predictions are made; and Pega Robot Studio, which allows users to create and deploy robots to automate repetitive tasks.
The vendor has also focused on its core customer engagement technology with new features such as Pega Customer Data Connectors that connect Pega Hub to customer data platforms such as Adobe and Celebrus, and Impact Analyzer for monitor business goals and AI models in real time.
While competitors such as Salesforce with its Einstein AI system, Verint and Appian (which received $2 billion in damages from Pegasystems in May in a trade secret theft lawsuit) offer products from similar automation, Pegasystems still has room to compete, said Predrag Jakovljevic. , analyst at Technology Evaluation Centers.
“They can compete by making it easier to use and finding their strongholds in certain industries like insurance and financial institutions,” Jakovljevic said, adding that Pegasystems has long been strong in decision making, next best action and case management in applications such as insurance claims and mortgage forms.
Like other software automation vendors such as UiPath, Automation Anywhere and blue prismPegasystems is looking for development opportunities, said Andy Thurai, analyst at Constellation Research.
The Impact Analyzer is particularly valuable, he said, because it recommends customer engagement strategies based on cases, engagement policies and business goals. However, AI capabilities for voice and messaging – which provide a new interaction timeline with transcription capabilities and call completion features – are already part of other vendors’ arsenal on the market. call center market, he noted.
“Pega is way behind some of the vendors in the automation space and has some catching up to do,” Thurai said, adding that some of their competitors are ahead, especially in identifying and automating process efficiency using AI and ML technologies.
Pegasystems’ competitors in RPA and BPM have a better track record for this market, he said.
“The overall RPA market is slowing down, yes, but the most innovative are moving towards different types of automation such as IT automation,” Thurai said. “Given that Pega has a decent customer base, it might be worth experimenting with improvements with them, but it might be very difficult to attract new customers against some strong competitors.”