1)

Pega is a Business Process Management tool. It is developed on Java and uses OOP and
java concepts. And the big advantage is we don't have to have to build the system from
the scratch like any conventional programming. It is becoming popular because of that,
though most conventional programmers would disagree. And also because of it is agile
way, Flexibility,and being extensible.

We design the Business Process Flow (E.g. Order management System, Call Center
Management, Finance, Healthcare anything which has a Business flow) and decide the
functionality we need to the Flow. Pega does the rest. But of course we need to think in
java and Javascript, JSP in order to fulfill Client's Requirements. Having strong
analytical skills, Understanding of Core OO approaches is a must in using this tool. And
also there are lot of frameworks built on the Pega Process Commander in order to
support various aspects of business requirements."

Pega has other products, but they seem to by and large be known for their technology
allowing the creation of an automated business process management tool.

2)

As automation and efficiency are increasing one of the niche skills gaining traction in India and
elsewhere is an ability to work with Pega.  PRPC or PEGA Rules Process Commander is not a
language/compiler etc. Its Business Process Management tool. It is developed on Java and uses
OOP and java concepts. And the big advantage is we don't have to have to build the system from
the scratch like any conventional programming. It is also flexible and extensible. It is used as a
work flow processing tool in which you build applications and deploy them as web services or
just intranet. Pega platform has seen widespread adoption among several IT
developmentintensive industries as it significantly cuts the time required for coding. This tool is
used mostly in Finance/Banking/Health care industry where there is a need of streamlined
process flow. The process flow may consist of human intervention steps(UI forms - Manual
Tasks) or Straight through processing steps(WebServices, MQ, JAVA invocation etc). This tool
provides ready made frame work which consists of a process monitoring application in which a
user logs in and is able to see tasks that are assigned to him and can also see dashboards/reports
and also many administrative tasks. There are also notifications/integration as well as SLA
escalations built in the tool. This tool falls in niche category because of the licensing cost and
also the expertise and certified developers needed to develop and design an application in
PEGA. Big banks and Health care establishments use PEGA for their internal functioning. E.g.
Credit Risk analysis of a particular financial entity by a bank. Maintaining life cycle of a Drug
undergoing research and development. Pega has other products, but they seem to by and large
be known for their technology allowing the creation of an automated business process
management tool. Demand for Pega-certified developers is expected to see a 200% incremental 
rise.
Creating your first model-driven application
The three core components of a model-driven application are: a case type (specific business transaction), at
least one data element (field), and a user view (to display the data element value)

Pega Platform overview

Pega Platform transforms the way organizations do business. You use Pega to quickly and easily
model your complex business processes. Pega Platform includes built-in tools to ensure that you
follow best practices while building your application. By following best practices, you reduce
development costs, work more efficiently, and keep pace with today’s changing business
environment.
 
Pega creates a set of business-friendly metaphors, an intermediate visual language that enables the
computer to really understand how you want things to work. Pega Platform is a model-driven
application development tool you use to define your business systems. Rather than traditional
programming, Pega’s approach to marketing and customer engagement is in terms of specific
business cases. Those cases may involve orders, supply chain, or your specific pain-points. Pega
seeks to expedite the resolution of cases by automatically predicting the next best action the brand
can take.
 
Pega thinks in terms of specific business cases. Your case represents a business transaction you
want to complete or resolve. Cases follow stages and steps in a process from beginning to end.
Cases can accomplish a variety of tasks across many businesses and sectors. Examples of cases
include legal cases, home mortgages, auto insurance claims, and software bug tracking. Your case
has at least one process that people work on to resolve the case. And your case has a status that
changes as the case completes each stage of the process.
 
Using Pega Platform you automate your business process by building a case. For example, imagine
processing an expense for reimbursement. The work moves from an employee incurring the
expense, to a manager reviewing the expense, and then to a higher-level manager approving the
expense, and finally to the finance department for payment. Using Pega Platform you create a case
that models the business process. The case automates each stage and the steps involved in moving
the case to completion.
 
Here are some examples of Pega Platform automating processes:
•Communications – including email and text notifications,
•Business policies – including decision logic and service level agreements,
•Routing assignments – including routing work to case participants, and 
•Reporting – including creating and optimizing reports.
 
Once you configure a case that automates your business process, Pega Platform enables you to
reuse policies and procedures throughout your organization. Pega's Situational Layer Cake
managed by the Pega brain makes reusing common policies and procedures easy while allowing for
differences between products, regions, channels, and customer segments. The Pega brain enables
you to think differently about the connections and think about customer journeys. It’s what makes an
organization agile, fluid, smart, and responsive.
 
Pega Platform’s model-driven development tools enable you to future-proof your enterprise
applications. Pega does this by continually updating Pega Platform with the latest technologies that
generate new code from the same business-friendly metaphors you create to automate your
business processes. Pega Platform enables you to build for change