Pega is a Business Process Management(BPM) tool which is used to develop Software Applications that primarily focuses on workflow.
Actual product name is PegaRULES Process Commander (PRPC). PRPC is created, licenced and marketed by Pega Systems Inc.
Built in Java
Uses XML data structure
Runs on J2EE application servers viz., Websphere, Weblogic & Tomcat
History of Pega:
Founded in 1983 by Alan Trefler
Started trading in NASDAQ from 1996 by name PEGA
Tagline is “Build for Change“