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Pega Announces Pega GenAI

Pegasystems Inc.

Pegasystems Inc. (NASDAQ: PEGA), the low-code platform provider empowering the world’s leading enterprises to Build for Change®, today announced Pega GenAI™ – a set of 20 new generative AI-powered boosters to be integrated across Pega Infinity™ ’23, the latest version of Pega’s product suite built on its low-code platform for AI-powered decisioning and workflow automation. It will be showcased next month at PegaWorld iNspire and available in Q3 2023. Pega GenAI will provide organizations with the architecture and integrated use cases to drive value from generative AI now and into the future.

For example, a bank looking to automate their loan processing operations would traditionally need to start by identifying, designing, and developing dozens of workflows from scratch. With Pega GenAI, they simply tell Pega they are building a “loan processing application,” and Pega will automatically create the related workflows, data models, user interfaces, sample data, and more based on responses from generative AI models like those from OpenAI. Because the responses from generative AI are mapped directly into Pega’s powerful model-driven architecture, low-code developers can easily configure and change these suggested starting points to rapidly deliver a completed application. Pega GenAI boosters like these will be infused throughout Pega Infinity, allowing users to accelerate their low-code application development, enhance customer service, and improve customer engagement.

A new API abstraction layer, called Connect Generative AI, will allow organizations to get immediate value from generative AI with a plug-and-play architecture that allows for low-code development of AI prompts. Rather than directly calling OpenAI, or other APIs directly from UIs or workflow steps, Pega uniquely provides an API abstraction layer so developers can easily swap out large language models running on both public and

private clouds and build reusable generative AI components that can be leveraged across applications. Connect Generative AI will be able to automatically replace personally identifiable information (PII) data with placeholders in generative AI prompts, helping organizations enforce their data protection policies and advancing secure use of public and private models.

Generative AI powered boosters in Pega Infinity ’23 facilitate rapid development of innovative new capabilities and give low-code developers the power to infuse generative AI functionality into decision-making and workflow automation. As large language models, cloud services, and data privacy needs continue to evolve, this “AI choice” architecture allows Pega and its clients to continuously innovate new secure solutions. Pega will initially offer connectors to OpenAI’s API and Microsoft Azure’s OpenAI APIs and will be supplemented by additional downloadable connectors to other providers on Pega Marketplace.

The 20 new Pega GenAI boosters will help make Pega Infinity ’23 even easier, faster, and more powerful to use, including:

Faster low-code application development in Pega Platform

Enhanced customer engagement relevancy in Pega Customer Decision Hub

Improved customer service in Pega Customer Service

More productivity in Pega Sales Automation

Faster bot creation with Robot Studio

Enhanced knowledge management libraries in Pega Knowledge

Easier access to robust operational insights

Pega’s approach to generative AI allows organizations to confidently deploy their AI models of choice in a responsible and governed way while minimizing risk. It incorporates auditing, rules-based governance, and workflow-managed human approval to advance safety, security, and reliability. Pega will allow for all AI-generated text to be reviewed, edited, and approved by authorized staff to mitigate the risk of inaccurate or biased text from being exposed to customers.

Pega GenAI builds on Pega’s decades of experience in applying computer intelligence, including rules and data-driven AI, in responsible and effective ways. It complements the already powerful AI-powered decisioning engine in Pega’s low-code platform, which brings together decision management, predictive and adaptive analytics, natural language processing, voice recognition, business rules, and a robust set of MLOps and testing capabilities for monitoring and governing AI models.

Full details on additional Pega Infinity ’23 features will be showcased at PegaWorld iNspire, the annual Pega user conference, from June 11-13 at the MGM Grand in Las Vegas. For more information on the event and to register to attend, visit www.pegaworld.com

Quotes & Commentary

“We’ve added a staggering number of powerful generative AI-powered boosters across Pega Infinity to help organizations quickly leverage the power of generative AI to work faster and more efficiently,” said Kerim Akgonul, chief product officer, Pega. “Our clients will have the flexibility and security to power our generative AI features and build their own using their large language models of choice. The Pega GenAI boosters released in Pega Infinity ’23 are just the start — we plan to add new ones on a regular basis as we continue to evaluate new ways to responsibly and securely leverage generative AI and as new models come to market.”

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