Pegasystems, AWS Partner for 5-Year GenAI-Powered Legacy Modernization Initiative

Amazon.com Inc. (NASDAQ:AMZN) is one of the best US stocks to buy according to Billionaires. On July 14, Pegasystems Inc. (NASDAQ:PEGA) announced a 5-year collaboration agreement/SCA with Amazon Web Services/AWS. This partnership helps clients use Pega products with advanced AWS GenAI services, specifically focusing on accelerating legacy modernization projects and enabling agentic automation across enterprise workflows.

The collaboration is designed to free businesses from time-consuming and resource-draining technical debt. A recent survey conducted by Pega and research firm Savanta highlighted the pervasive issue of technical debt, revealing that ~68% of IT decision-makers in global enterprises believe outdated legacy systems and applications are hindering their ability to adopt innovative technologies like AI and automation.

Under the agreement, Pega and AWS will combine AWS Transform, which uses agentic AI workflows to automate the entire modernization lifecycle, with Pega Blueprint. Pega Blueprint is a cloud-based application that uses AI agents to accelerate the design and development of Pega-powered workflow applications.

Amazon.com Inc. (NASDAQ:AMZN) engages in the retail sale of consumer products, advertising, and subscription services through online and physical stores in North America and internationally.

Pegasystems Inc. (NASDAQ:PEGA) develops, markets, licenses, hosts, and supports enterprise software.

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Disclosure: None. This article is originally published at Insider Monkey.