Pega Expands Software Developer Incubator Program Worldwide

CAMBRIDGE, MA — October 2, 2024 — Pegasystems Inc. (NASDAQ: PEGA), the leading enterprise AI decisioning and workflow automation platform provider, today announced an expansion of its Pega University Program to find and cultivate new Pega-certified professionals with promising employment opportunities upon program completion. Building off its initial success in India, the Pega University Program will provide clients and partners in North America, Europe, and Asia Pacific with pre-trained software developers to meet their growing needs.

Most organizations still struggle to fill the demand for software development talent with no relief in sight. According to IDC, over 90% of organizations worldwide will face significant IT skills shortages by 2026, potentially leading to $5.5 trillion in losses from delayed products, reduced competitiveness, and missed business opportunities. A robust upskilling program is paramount for organizations to proactively develop the next generation of tech professionals. This helps them to continue innovating and modernizing their technology to compete in their markets and drive future growth.

The newly expanded Pega University Program helps take the burden off clients and partners to recruit and train new Pega professionals. In partnership with deeptech education leader TalentSprint, the program helps provide IT teams with a steady pipeline of newly trained Pega talent from select universities around the world. In turn, qualified students are often provided with employment opportunities from many of the world’s most influential organizations upon successful completion of the program.

Pega clients and partners participating in the Pega University Program can choose from two models to best fit their needs:

• Full-Service Option: With the “Hire, Train, and Deploy” option, Pega’s experienced recruitment partner, TalentSprint, takes full ownership for finding, training, and deploying new employees from start to finish. TalentSprint scouts for high quality candidates with university partners based on the hiring organization’s specific requirements. Following candidate interviews, the hiring organization provides selected students with conditional job offers that can be executed upon successful training completion. TalentSprint’s experienced Pega-approved instructors then conduct a comprehensive training course, resulting in newly certified Pega professionals ready to work on day one of their employment.
• ‘Bring-Your-Own-Student’ Option: Hiring organizations can select the “Graduate Upskilling” option if they have already identified recent university graduates, interns, or co-ops for training. These students are enrolled in the appropriate certification program run by seasoned Pega trainers for the opportunity to become effective Pega developers.

Launched in India in 2016, the Pega University Program has trained and placed over 10,000 Pega professionals, 46% of which are women, into the Pega ecosystem. The program provides a structured curriculum focused on Pega software, offering students valuable technical knowledge and hands-on experience. This provides students with the potential for promising career prospects while supporting organizations with access to certified professionals and helping educational institutions build a network of skilled alumni.

For more information on the Pega University Program, please visit https://academy.pega.com/university-program.

Established in 2010, TalentSprint is a global deeptech education company powered by AI that brings transformational bootcamps and cutting-edge learning programs to modern-day professionals who aspire to future-proof themselves with deep expertise. TalentSprint partners with top-tier academic institutions and bigtech global corporations to create futuristic programs and deliver remarkable outcomes. Its patent-pending AI-powered platform ipearl.ai seamlessly blends world-class academic rigor with industry-leading practitioner experience. The company's learner engagement rates and high customer delight scores make it a leading player in the industry. For more information, visit www.talentsprint.com.

Quotes & Commentary

"Our expanded Pega University Program is strategically designed to meet the immediate needs of our clients and partners by providing a dependable pipeline of Pega-certified talent, ready to contribute from day one,” said Mary Tafuri, vice president, global go-to-market enablement & effectiveness, Pega. “We see tremendous potential in this initiative to drive progress for both aspiring professionals and the organizations they will serve. This innovative approach will help accelerate the growth of the Pega ecosystem and in turn accelerate innovation for many of the world’s most influential organizations.”

“At TalentSprint, we are committed to creating transformational journeys for our learners,” said Dr. Santanu Paul, founder and CEO, TalentSprint. “Partnering with Pega allows us to extend our impact globally, equipping professionals with cutting-edge skills in Pega technology. This collaboration is not just about education; it's about empowering individuals to thrive in the digital economy, while simultaneously addressing the talent needs of our clients and partners on a global scale."

Additional Resources

• Program background: Pega University Program
• Careers at Pega: Culture, benefits and openings
• Impact at Pega: Our environmental, social, and governance programs
• Awards and honors: Industry recognition for Pega’s work and culture
• More Pega instruction: Pega Academy for all skill levels