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v3.23.1

REVENUE (Tables) | 3 Months Ended
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Mar. 31, 2023
Revenue from Contract with Customer [Abstract] |
Schedule of Revenue by Geographic Location | Geographic revenue
|  |  | Three Months Ended March 31,
(Dollars in thousands) |  |  |  |  | 2023 |  | 2022
U.S. |  |  |  |  |  |  | $ | 184,519 |  | 56 | % |  | $ | 217,272 |  | 58 | %
Other Americas |  |  |  |  |  |  | 15,011 |  | 5 | % |  | 45,751 |  | 12 | %
United Kingdom (“U.K.”) |  |  |  |  |  |  | 42,237 |  | 13 | % |  | 30,932 |  | 8 | %
Europe (excluding U.K.), Middle East, and Africa |  |  |  |  |  |  | 51,318 |  | 16 | % |  | 49,136 |  | 13 | %
Asia-Pacific |  |  |  |  |  |  | 32,387 |  | 10 | % |  | 33,216 |  | 9 | %
|  |  |  |  |  |  | $ | 325,472 |  | 100 | % |  | $ | 376,307 |  | 100 | %
Schedule of Revenue Streams | Revenue streams
|  |  | Three Months Ended March 31,
(in thousands) |  |  |  |  | 2023 |  | 2022
Perpetual license |  |  |  |  | $ | 403 |  |  | $ | 7,440 |
Subscription license |  |  |  |  | 84,527 |  |  | 137,533 |
Revenue recognized at a point in time |  |  |  |  | 84,930 |  |  | 144,973 |
Maintenance |  |  |  |  | 79,630 |  |  | 79,716 |
Pega Cloud |  |  |  |  | 107,879 |  |  | 90,317 |
Consulting |  |  |  |  | 53,033 |  |  | 61,301 |
Revenue recognized over time |  |  |  |  | 240,542 |  |  | 231,334 |
Total revenue |  |  |  |  | $ | 325,472 |  |  | $ | 376,307 |
|  |  | Three Months Ended March 31,
(in thousands) |  |  |  |  | 2023 |  | 2022
Pega Cloud |  |  |  |  | $ | 107,879 |  |  | $ | 90,317 |
Maintenance |  |  |  |  | 79,630 |  |  | 79,716 |
Subscription services |  |  |  |  | 187,509 |  |  | 170,033 |
Subscription license |  |  |  |  | 84,527 |  |  | 137,533 |
Subscription |  |  |  |  | 272,036 |  |  | 307,566 |
Perpetual license |  |  |  |  | 403 |  |  | 7,440 |
Consulting |  |  |  |  | 53,033 |  |  | 61,301 |
|  |  |  |  | $ | 325,472 |  |  | $ | 376,307 |
Schedule of Revenue for Remaining Performance Obligations Expected to Be Recognized | Expected future revenue from existing non-cancellable contracts: As of March 31, 2023:
(Dollars in thousands) | Subscription services |  | Subscription license |  | Perpetual license |  | Consulting |  | Total
Maintenance |  | Pega Cloud |  |  |  |
1 year or less | $ | 235,315 |  |  | $ | 389,632 |  |  | $ | 35,346 |  |  | $ | 5,262 |  |  | $ | 41,203 |  |  | $ | 706,758 |  | 54 | %
1-2 years | 66,272 |  |  | 239,228 |  |  | 3,215 |  |  | 2,252 |  |  | 6,653 |  |  | 317,620 |  | 24 | %
2-3 years | 29,295 |  |  | 131,085 |  |  | 6,777 |  |  | — |  |  | 2,292 |  |  | 169,449 |  | 13 | %
Greater than 3 years | 7,479 |  |  | 106,778 |  |  | — |  |  | — |  |  | — |  |  | 114,257 |  | 9 | %
| $ | 338,361 |  |  | $ | 866,723 |  |  | $ | 45,338 |  |  | $ | 7,514 |  |  | $ | 50,148 |  |  | $ | 1,308,084 |  | 100 | %
As of March 31, 2022:
(Dollars in thousands) | Subscription services |  | Subscription license |  | Perpetual license |  | Consulting |  | Total
Maintenance |  | Pega Cloud |  |  |  |
1 year or less | $ | 228,984 |  |  | $ | 329,857 |  |  | $ | 47,428 |  |  | $ | 7,281 |  |  | $ | 40,661 |  |  | $ | 654,211 |  | 55 | %
1-2 years | 63,870 |  |  | 208,875 |  |  | 16,111 |  |  | 4,505 |  |  | 10,955 |  |  | 304,316 |  | 26 | %
2-3 years | 33,617 |  |  | 106,156 |  |  | 2,422 |  |  | 2,252 |  |  | 3,876 |  |  | 148,323 |  | 13 | %
Greater than 3 years | 22,611 |  |  | 44,596 |  |  | 1,758 |  |  | — |  |  | 522 |  |  | 69,487 |  | 6 | %
| $ | 349,082 |  |  | $ | 689,484 |  |  | $ | 67,719 |  |  | $ | 14,038 |  |  | $ | 56,014 |  |  | $ | 1,176,337 |  | 100 | %

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- Definition Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph a -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 + Details
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