Newgen Recognized in Document Output for Customer Communication Management by Independent Research Firm
- Newgen Cited as Providing a Flexible and Cost Effective Solution Newgen has been positioned, in The Forrester Wave™: Document Output for Customer Communications Management, Q3 2011. The report features the top 12 vendors that have a strong market presence and the ability to meet a broad set of DOCCM needs and Innovative products.
In the report Newgen has been cited as providing flexible and cost-effective solutions that combine their ECM, BPM, and CCM components. The report states that Newgen is one of the two vendors to “offer great value at price points that will appeal to many enterprises. Newgen has a strong focus on interactive apps in financial services, particularly in retail banking…”
“We consider our Forrester recognition in the Wave report a matter of pride and a testimony of the innovation and business benefits we bring to our customers. We would like to take this opportunity to thank all our customers and partners across the globe for believing in us and choosing Newgen in their journey of growth” said Diwakar Nigam, Managing Director and CEO at Newgen Software.
Commenting on the occasion Mr. Diwakar Nigam added “Maximizing the effectiveness of routine communications such as bills, statements and correspondence is a top priority for organizations such as Banks, Insurance Companies and Financial institutions, world over. Newgen helps businesses to enhance customer experience in a cost-effective manner by enabling highly personalized and multi-channel communication with customers”
Newgen’s Customer Communication Management Product (O2MS) offers the capability to generate and distribute highly personalized customer-statements with inline promotions through rule-based profiling and segmenting. It provides the customer a single view of his statements by consolidating data across multiple systems such as savings, investments and loan accounts. The Product also supports electronic and multi-channel delivery. The solution impacts business’ top-line and bottom-line by providing enhanced customer experience at reduced costs.
GOLD AWARD in Global Awards for Excellence in Adaptive Case Management,2011
We are delighted to share the news that our esteem client Lakshmi Kumaran & Shridharan (L&S), has been declared as GOLD Award winner at the 2011 Global Awards for Excellence in Adaptive Case Management(ACM), Co-sponsored by Workflow Management Coalition (WfMC ) and KMWorld. Newgen has nominated L&S under Legal & Courts category for this prestigious global award. Being the case management solution provider for L&S, Newgen will also receive the Gold award and certification.
The submission was done by Newgen in a case study format and it was evaluated by a panel of experts, following a scoring model along various metrics, grouping into the three categories of Innovation, Adaptability and Impact . Award submissions were received from organizations worldwide, with finalists spanning the Americas, Europe, Africa and Asia. In this Global competition Newgen faced strong contenders like Global 360, EMC, Pegasystems and many more. Finally Newgen’s case management solution emerged out as the Gold award winner by defeating the Global 360 solution under the same category.
Newgen Software Positioned In The Magic Quadrant For Enterprise Content Management, 2010
Newgen Software, a leading global provider of Business Process Management (BPM) and Enterprise Content Management (ECM) solutions, has been positioned in the Gartner Magic Quadrant (MQ) report for 2010 Enterprise Content Management1. With this recognition, Newgen has been positioned in 2010 Magic Quadrants for both Business Process Management Suite2 and Enterprise Content Management.
Using our BPM and ECM product suite, our Breakthru© Implementation methodology, and soft templates of industry best practices, our customers have been able to transform their businesses and achieve business results within one business quarter.
"We are delighted with Gartner's recognition and we believe it reiterates our leadership in the ‘Transactional Content Management ‘space which combines ECM and BPM capabilities. Newgen has consistently delivered business value to its customers and we look forward to more such opportunities where we can be instrumental in the growth of our customers and help them achieve operational excellence," said Diwakar Nigam, Managing Director and CEO, Newgen Software.
About The Magic Quadrant
The Magic Quadrant is copyrighted 2010 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Newgen Software Positioned in the Magic Quadrant for Business Process Management (BPM) Suites, 2010
Newgen Software, a leading global provider of Business Process Management (BPM) and Enterprise Content Management (ECM) solutions, has been positioned by Gartner, Inc. in the 2010 Magic Quadrant report for Business Process Management Suites.
Business Process Management is a management discipline that provides for governance of a business's process environment toward the goal of improving agility and operational performance. BPM helps to improve process efficiency, ensure optimum utilization of resources, boost productivity, ensure process standardization, improve process control and enable continuous process improvement.
“We are glad to see Gartner recognition which we believe highlights our leadership in the market for BPM. Our customers have been able to achieve process excellence and transform their businesses using Newgen’s BPM and ECM platform. We take this opportunity to thank our customers for choosing Newgen as a partner in their growth”, said Diwakar Nigam, Newgen Software’s Managing Director and CEO.
Gartner, "Magic Quadrant for Business Process Management Suites" Jim Sinur, Janelle B. Hill, 18 October 2010
About the Magic Quadrant
The Magic Quadrant is copyrighted 2010 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner’s analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the “Leaders” quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Newgen has been mentioned across 7 of the recent reports published by a Leading Analyst Group
The reports are,
• Hype Cycle for Business Process Management, 2010• Hype Cycle for ICT in India, 2010• Hype Cycle for Life Sciences, 2010• Hype Cycle for Life Insurance, 2010• Hype Cycle for Context-Aware Computing, 2010• Hype Cycle for Business Process Outsourcing, 2010• Hype Cycle for Communications Service Provider Operations, 2010
Newgen included in the Gartner Hype Cycle for Business Process Management, 2009
The leading research and consulting firm, Gartner has included Newgen Software Technologies Limited as a sample vendor in the Gartner Hype Cycle for the Business Process Management, 2009.
The report mentions, “BPM has become a way for Enterprises to change the way they do business and to differentiate their companies from others. A BPM implementation approach enhances business agility in response to changing market needs”. Mr. Diwakar Nigam, Managing Director, Newgen Software stated “ Newgen Software already has its footprints in 35 countries with over 750 installations and a strong presence in the emerging markets. With the recognition from Gartner, we expect a faster growth in the developed markets like Europe and in our existing markets like the USA”.
Newgen solution provides end-to-end BPM and ECM Solutions to various industry verticals like BPO, SSC, Banking, Financial Services, Insurance, Telecom, Manufacturing, Government and Defense. According to Gartner, “A BPMS should be considered for those processes that have balanced requirements for coordinating human efforts with automated activities & information flows to deliver higher work outcomes”.
Frost & Sullivan Recognizes Newgen Software As A 'Hot Company to Watch for' in the ECM Market
Newgen Software Technologies limited, a leader in the field of Business Process Management (BPM) and Document Management System (DMS) is pleased to announce that leading research and consulting firm Frost & Sullivan has acknowledged Newgen as a hot company to watch for in the enterprise content management market according to the Frost & Sullivan Hot Company Watch list 2009.
The recognition by Frost & Sullivan to Newgen Software as a hot company has been given due to its aggressive market expansion goals across the globe, the company’s focus on providing total solutions to modernize disparate content management and organizational tools and the capability to provide end-to-end business process management tools.
Commenting on the recognition Mr. Diwakar Nigam - Managing Director, Newgen Software, said “The acknowledgement by Frost and Sullivan is a significant validation for our efforts to successfully demonstrate the ability to build superior products and consistently execute on unique product strategies. We believe that with our renewed focus on the Financial and Telcom sectors in the emerging Asian markets will help us gain a larger share of the ECM and BPM market.”
According to Frost & Sullivan, “Newgen Software has been identified for having the potential to grow over the next 12 months due to its current initiatives. The company retains an impressive customer base that demonstrates and fortifies its products’ reliability, scalability and ability to provide end-to-end business process management tools.”
“Newgen Software Technologies has expanded its footprints to 35 countries with over 750 installations. The company has effectively focused on providing best-fit solutions for local and regional needs, while allowing for the scalability companies need to both grow into and operate on a global scale.”
Newgen Software, leader in BPM and DMS wins the CNBC Emerging India Award
Newgen Software Technologies limited, a leader in the field of Business Process Management (BPM) and Document Management System(DMS) is pleased to announce that it has won the CNBC-TV18 & ICICI Bank Emerging India Awards that honour the best small and medium enterprises in India. Newgen wins CNBC Award
The award was felicitated in a grand ceremony in London yesterday by the Honorable Commerce Minister, Kamalnath and India's steel tycoon, L N Mittal to Mr. Diwakar Nigam, Managing Director, Newgen Software in the "Information Technology, Communications and Entertainment (ICE) & IT enabled Services (ITeS)" category.
The Emerging India Awards are considered among India's biggest business awards. It is a pioneering initiative to promote and recognize the undying entrepreneurial spirit of India's most globally competitive SMEs. The theme for the award this year was 'Think Global Go Global'. The award this year was judged across 17 categories. Newgen emerged as a winner in the "Information Technology, Communications and Entertainment (ICE) & IT enabled Services (ITeS)" category and is recognized as an Indian software company redefining Indian business' stature on the global map.
Sharing his sentiments on the occasion, Mr. Diwakar Nigam, MD, Newgen Software said "I am proud to accept this award on behalf of the entire Newgen family. This award is a reflection of the hard work and dedication of each and every employee of Newgen. It also goes to our customers whose feedback and support has helped us become what we are today. I would compliment CNBC TV-18 and ICICI Bank for taking this noble initiative to institute these awards and acknowledging our efforts."
He adds, "Building a product and taking it worldwide has been Newgen's vision from the time of inception. This recognition will further help us in our effort to go Global and make our mark as a state-of-art product company from India."
