Hi, I'm Don Sherman, Pega's CTO, and today, I want to talk to you about debt. Now, not financial debt like student loans, but the technical debt that is embedded in your legacy systems. If you run a large IT portfolio, I'm sure that you would love to stop investing your valuable budget in maintaining and patching the systems of yesterday, and instead focus that money on innovating for the future, building the experiences, your employees and stakeholders and customers demand. Unfortunately, the old ways of doing legacy modernization just don't work. A recent study of close to 1,000 CIOs found that 74% of legacy modernization projects fail. But there is a new way forward. For the last year or so, we've been building out what we call Pega Gen AI Blueprint. Blueprint is a new way of capturing your application requirements, tying what your business wants to achieve to industry best practices. And with Pega Gen AI Blueprint, you've got a whole new path on how you think about legacy modernization. That starts with discovering your existing processes. Pega Gen AI Blueprint can pull in your existing application documentation, things like BPMN process models or user manuals, screenshots the data definition of your existing legacy databases. It pulls all that in and uses Gen AI, combined with R and R partners' libraries of best practices to recommend the right business process for modern application, built in a way that plugs into modern APIs and works across channels. Not only that, Gen AI blueprint can understand the underlying data structures that are necessary to support that application so that you can begin the process of moving off of your legacy databases. Once you've finished your blueprint and you understand what your application wants to be, the next step is to deploy it onto the cloud and retire your legacy applications. You'll be deploying onto the latest version of the Pega Infinity platform. Pega Infinity is the leader in AI decisioning and workflow automation for the enterprise. And when you've deployed your application on Pega Infinity, not only have you moved over your business logic, you've moved over your system of record data as well, as we've provided the ability for you to take that data and push it into the cloud native database of your choice, whether that's AWS or Google or Snowflake or Databricks. So you can stop spending money on applications and start focusing on the last part of this cycle, which is how do you optimize the application going forward? Because you're not done, you're just getting started. And with the power of AI embedded inside of Pega, whether it's for process mining, process optimization, or tools like Gen AI Coach, your new application will start getting better on day one, so you can be delivering more automation, more autonomy, better experiences for your employees, and a better end result for your customers and your business. And the great thing is you can get started right now, today, by going to pega.com/blueprint. You can begin pulling in your legacy application documentation and start to see what a future digital-ready AI-powered future might look like.
