Signal log.

The headline explicitly identifies AI as a demand tailwind for Atlassian, consistent with the thesis that Atlassian's records-rich platforms (Jira/Confluence) are becoming agent infrastructure. Strong fiscal Q4 results and maintained Buy rating reinforce that the SoR substrate monetisation thesis is playing out for TEAM.

Pega's Customer Engagement Studio adds auditable AI governance and agentic automation capabilities to its Customer Decision Hub, deepening structured, named operational verbs (decisions, actions, approvals) within its SoR platform. Offering these agentic tools at no extra cost to existing clients accelerates adoption of Pega as an agent control plane, consistent with the thesis that SoR incumbents monetize records they already own.