History

About Newgen's history

For the past 20 years, Newgen's pioneering efforts have helped organizations around the world gain a competitive advantage through increased efficiency and quality, enhanced service, and bottom line results. This timeline illustrates Newgen's key innovative accomplishments.
 
Newgen Software Technologies Limited was founded and incorporated in 1992, in New Delhi, India. From the beginning, the company's Managing Director Mr. Diwakar Nigam and Chief Financial Officer Mr. T. S. Varadarajan were committed to striving for excellence within the software product development field.
 
Newgen will continue to use its technologies to benefit people as it pursues its objective of becoming a company that is loved by corporates throughout the world.

2011

  • Launched the shrink-wrapped versions of OmniDocs, OmniScan and SAP Image Enablement Solution
  • Newgen clients-Unilever and Future Group, declared winners of the Excellence Awards for F&A Transformation through Shared Services (Organizers: All India Management Association (AIMA) and Delhi Management Association (DMA))
  • Newgen’s implementation at Lakshmi Kumaran & Shridharan (L&S), declared GOLD Award winner at the 2011 Global Awards for Excellence in Adaptive Case Management (Co-sponsored by WfMC and KMWorld)
  • Featured in Gartner’s Magic Quadrant (MQ) report for Enterprise Content Management, 2010
  • Featured in Ovum’s BPM Decision Matrix, 2011
  • Finalist for the prestigious 2011 “Knowledge Management Reality Awards” sponsored by KMWorld Magazine
  • Positioned in the Forrester Wave™: Document Output for Customer Communications Management, Q3 2011

2010

  • Launched seven new products in the BPM and ECM space include Customer Relationship Management for Customer Contact Center, and Customer Communication Management Suite
  • Release of Newgen ECM OmniDocs 7.0
  • Launched new version of the Omni Output Management System (O2MS) known as OmniOMS 3.1
  • Launched its next generation Cheque Truncation System (CTS) in tune with RBI “CTS – 2010 standard”
  • Newgen Adds Automatic Signature Verification (ASV) Capability to CTS
  • Launched Newgen Print Center - a new generation green printing solution
  • Featured in Gartner’s Magic Quadrant (MQ) report for Enterprise Content Management, 2010
  • Featured in Gartner’s Magic Quadrant (MQ) report for Business Process Management Suite, 2010

2009

  • Release of Newgen BPM OmniFlow 8.0
  • Release of Newgen ECM OmniDocs 6.0
  • Featured in the Magic Quadrants for ECM, 2009 by Gartner
  • Featured in the Magic Quadrants report for BPMS, 2009 and "Hype Cycle for BPMS, 2009" by Gartner
  • Newgen solutions for equitas microfinance features among the best IT implementations in India by   pcquest.ciol.com
  • Fullerton India Credit Company bags Global Awards for Excellence in BPM & Workflow implemented by Newgen
  • Winner of Global Top 100 at Red Herring Global 2009

 

2008

  • Bloor Research Features Newgen as an Innovator in "DMS Report Update
  • Red Hat "World is Open Award" for the banking implementation at Deutsche Bank
  • HSBC invests in Newgen
  • Newgen Launches Output Management System -OmniOMS
  • Newgen wins CNBC "Emerging India Award"
  • SAP invests in Newgen

 

2007

  • Gartner adds Newgen under "Other Vendors" category in MQ report for BPMS
  • CMS Watch recognition of OmniFlow as a 'true' BPM product" in DMS Suites Report
  • ISO 27001: 2005 Certification (Information Security Management System)
  • IDC recognition as a Global Leader in Business Process Management and Document Management System
  • Black Book recognition as No.1 Outsourced Software Application /Engineering/DMS/BPM Vendor in the Wealth Management industry Report
  • Newgen launches new version Of their Workflow Solution - OmniFlow 7.0

 

2006

  • Featured in Red Herring Asia Top 200 companies
  • Frost & Sullivan Market Leadership award for Document Management & Workflow Software & Services for 2006
  • Celent recognizes Newgen Software as a significant global Document Management player in the document handling category for the banking sector

 

2005

  • Prestigious "Distinguished Application Product Company" award at the Product Summit: 2005, hosted by NASSCOM and Indian Institute of Management Bangalore

 

2004

  • Unicode support release on OmniFlow
  • ChequeFlow Suite launched for Inward/ Outward clearing at Banks
  • Launch of ChequeExchange for Sorting/ Settlement of cheques at central sites of Banks

 

2002-2003

  • Development of first DMS system on Linux and Unicode
  • Release of OmniDocs on Multiple Platforms like Sun Solaris, Unix, IBM & Linux apart form Windows NT & 2000
  • Development of NIF: One of the most effective Image Analysis & Compression of Color Document
  • Release of third version of General-Purpose Workflow Engine OmniFlow
  • Release of XML Printer
  • Release of OmniCapture as standard desktop for scanning/ indexing 

 

2000-2001

  • First release of OmniDocs, first truly Web-based DMS on J2EE & XML with release of OmniDocs 3.1
  • Launch of Eworkstyle ASP version of DMS hosted at Paperfly Inc. USA
  • Supply OEM DMS Engine to US-based large MFD player for next generation Controllers
  • Release of PDFWriter 

 

1998-1999

  • Development of Java-based Multi-tier System as next generation DMS Engine
  • Release on OmniExtract Product for Data Extraction from scanned images
  • Release of OmniReports for report archival and Smart Statement Product for Web Publishing of Statements
  • Development processes Certified as conforming to ISO 9001
  • Software Development Team grows to 250 Engineers
  • Release of Image Printer 

 

1996-1997

  • Licensing Imaging and DMS Tool Kit to a large Japanese MNC
  • Start of long-term DMS Product Development for a large MFD manufacturer
  • Release of Report Management Product
  • Implementation of Imaging and Workflow System for a large US based bank at their Indian Hub
  • Release of first version of Financial Workflow Engine "FinFlow" 

 

1994-1995

  • Release of First Imaging Toolkit
  • Release of DMS Product "Newgen Office"
  • Using core Imaging strength provided Electoral Voter Card System on a massive scale in India

 

1992-1993 

  • Beginning of Product Development
  • Team of 20 engineers
  • Setting up R & D Group for Image Processing
  • Building the first version of DMS System 

 

  • 1992-1993

    • Product development initiated with 20 engineers
    • R&D group constituted for image processing applications
  • 1994-1995

    • Release of imaging toolkit & DMS product Newgen Office
    • Newgen selected as provider for Indian Electoral Voter Card System
  • 1996-1997

    • Imaging & DMS toolkit licensed to Canon
    • Canon long-term product development initiate
    • Imaging and workflow implemented at Citibank India
    • Release of FinFlow & OmniReportsTM products
  • 1998-1999

    • Newgen switches focus to large scale enterprise products vs. off the shelf products
    • Development of Javabased multi-tier system for next gen.DMS engine
    • Release of OmniExtractTM & ImagePrinter
    • ISO 9001 certification
    • Software engineering team grows to 250
  • 2000-2001

    • Newgen repositioned as end-to-end provider of enterprise DMS and
      BPM/ ECM product
    • Release of J2EE-based OmniDocsTM , ASP-based DMS & PDFWriter product
    • Supply OEM DMS engine licensed to Toshiba
  • 2002-2003

    • OmniDocsTM ported to Solaris, AIX & Linux
    • Development of MicroPDF image compression technology
    • Release OmniFlowTM , XML printer & OmniCapture
    • Listed amongst Top 10 product companies in India, by Data Quest magazine
    • CMM Level 4 Certification
  • 2003-2005

    • Unicode support for OmniFlowTM
    • Versions launched in Thai, Korean, Japanese languages
    • Acquired Konica Minolta as SES customer
    • Newgen emerges as the market leader with 40% market share in Workflow and DMS survey done by Frost & Sullivan
    • Acquired customers like HDFC Bank, Max New York Life, RSA, Hutch, Philips and Indigo (Unilever)
    • Acquired customers like Sahara Insurance, Bajaj Allianz, Kenya Airways & iGate BPO
  • 2005-2006

    • CheckFlow product launch
    • Newgen won the prestigious “Distinguished Application Product Company”award at the Product Summit: 2005, hosted by NASSCOM, and Indian Institute of Management Bangalore
    • Acquires customers like HSBC, Deutsche Bank, SBI, FIC, Bank of Baroda, ING Vysya, Cathay United Bank, Huanan Bank, Taishin Bank, Lippo Bank, Bank of Tanzania, GHB and EXL BPO
    • Filed its first patent
  • 2006-2007

    • Listed in Red Herring Asia Top 200
    • Newgen Software wins Frost & Sullivan Market Leadership Award for Document Management & Workflow software & Services for 2006
    • Celent recognizes Newgen as a “significant” global Document Management player for the Banking Sector
    • Acquired customers like Kotak Mahindra Bank, Bank of America, Abu Dhabi Commercial Bank, Mashraq Bank, ECO Bank, Asia Financial Holdings, Equinox BPO
    • Biggest EDMS implementation in the world for a leading insurance company
    • 3 patents filed for image processing
  • 2007-2008

    • Gartner adds Newgen under "Other Vendors" category in MQ report for BPMS
    • CMS Watch recognition of OmniFlowTM as a 'true' BPM product" in DMS Suites Report
    • ISO 27001: 2005 Certification (Information Security Management System)
    • IDC recognition as a Global Leader in Business Process Management and Document Management System
    • Black Book recognition as No.1 Outsourced Software Application /Engineering/DMS/BPM Vendor in the Wealth Management industry Report
    • Newgen launches new version of their workflow solution - OmniFlow TM 7.0
  • 2008-2009

    • Bloor Research Features Newgen as an Innovator in "DMS Report Update
    • Red Hat "World is Open Award" for the banking implementation at Deutsche Bank
    • HSBC invests in Newgen
    • Newgen Launches CCM Suite -OmniOMSTM
    • Newgen wins CNBC "Emerging India Award"
    • SAP invests in Newgen
    • Won CNBC-TV18, “Emerging India Award 2008”
  • 2009-2010

    • Release of Newgen BPM OmniFlowTM 8.0
    • Release of Newgen ECM OmniDocsTM 6.0
    • Featured in the Magic Quadrants for ECM, 2009 by Gartner
    • Featured in the Magic Quadrants report for BPMS, 2009 and "Hype Cycle for BPMS, 2009" by Gartner
    • Fullerton India Credit Company bags Global Awards for Excellence in BPM & Workflow implemented by Newgen
    • Winner of Global Top 100 at Red Herring Global 2009
    • HP Benchmarking report on OD 7.0
    • Butler technology Audit on OF 8.0
    • Release of new product Newgen Print Center
    • 55 new customers added
  • 2010-2011

    • Featured in the Magic Quadrants for BPM & ECM, 2010 by Gartner
    • Release of products Document Processing System, Invoice Processing System and automatic signature verification
    • HP becomes Newgen’s first customer on Cloud platform
    • Release of OD 7.1 and OF 9.1
    • 63 new customers added
    • IndusInd Bank won silver award for Global Excellence in BPM and Workflow
  • 2011-2012

    • Newgen positioned in ECM MQ report, Forrecter CCM wave report
    • Lakshmikumaran and Sridharan won Gold award for global excellence in Adaptive Case Management
    • Ecobank won silver award for excellence in workflow and BPM from MEA region
    • Finalist for global award in Knowledge Management solution conducted by KMWorld magazine USA
    • Finalist for best CXO award for egovernanace implementation
    • Featured in Ovum Decision matrix as “Top 3 Value for Money BPM Vendor”
    • Newgen featured in Gartner Retail Loan Report
    • 70 new customers added
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