Press Room

Year 2008 (October - December)

Mr. Diwakar Nigam shares his thoughts on Enterprise Content Management and its various implementation aspects.

Newgen Software, a market leader in BPM and DMS solutions, conducted a customer meet in Chennai on 18th Dec '08. The meet witnessed active participation from several dignitaries representing prestigious customers like Mr. P.N. Vasudevan - MD, Equitas Microfinance; Mr. V. Chandrasekaran - Co-founder and CTO, Secova eServices Limited amongst others.

Newgen Software, a market leader in BPM and DMS, announced that it has successfully implemented the Account Opening process at ADCB. With the success of the BPM-enabled Account Opening process, the bank has also automated a number of other key processes such as Customer and Account Maintenance, Term Deposit and Image-based Cheque Clearing on the BPM platform.

Newgen Software, a market leader in BPM and DMS announced successful implementation of its BPM solution at Financial Technologies (FT). Newgen automated the processes for Loan Processing, Reimbursement, Employee Expense Management and Travel, and is currently implementing the Procurement, Performance Management System, MCX Networks and Back Office processes.

Newgen Software, a market leader in BPM and DMS announced successful implementation of its BPM solution at Financial Technologies (FT). Newgen automated the processes for Loan Processing, Reimbursement, Employee Expense Management and Travel, and is currently implementing the Procurement, Performance Management System, MCX Networks and Back Office processes.

Newgen Software, a market leader in BPM and DMS announced successful implementation of its BPM solution at Financial Technologies (FT). Newgen automated the processes for Loan Processing, Reimbursement, Employee Expense Management and Travel, and is currently implementing the Procurement, Performance Management System, MCX Networks and Back Office processes.

Newgen Software, a market leader in BPM and DMS announced successful implementation of its BPM solution at Financial Technologies (FT). Newgen automated the processes for Loan Processing, Reimbursement, Employee Expense Management and Travel, and is currently implementing the Procurement, Performance Management System, MCX Networks and Back Office processes.

Newgen Software, a market leader in BPM and DMS, announced that it has successfully implemented the Account Opening process at ADCB. With the success of the BPM-enabled Account Opening process, the bank has also automated a number of other key processes such as Customer and Account Maintenance, Term Deposit and Image-based Cheque Clearing on the BPM platform.

Newgen Software, a market leader in BPM and DMS, announced that it has successfully implemented the Account Opening process at ADCB. With the success of the BPM-enabled Account Opening process, the bank has also automated a number of other key processes such as Customer and Account Maintenance, Term Deposit and Image-based Cheque Clearing on the BPM platform.

Newgen Software, a market leader in BPM and DMS, announced that it has successfully implemented the Account Opening process at ADCB. With the success of the BPM-enabled Account Opening process, the bank has also automated a number of other key processes such as Customer and Account Maintenance, Term Deposit and Image-based Cheque Clearing on the BPM platform.

Newgen Software, a market leader in BPM and DMS, announced that it has successfully implemented the Account Opening process at ADCB. With the success of the BPM-enabled Account Opening process, the bank has also automated a number of other key processes such as Customer and Account Maintenance, Term Deposit and Image-based Cheque Clearing on the BPM platform.

India is witnessing a trend similar to the one earlier witnessed in more mature ECM markets like the USA and Europe in their growth phase that of adoption of ECM and Business Process Management (BPM) solutions." Diwakar Nigam, MD, Newgen Software

Year 2008 (July - September)

Diwakar Nigam founded Newgen Software Technologies, a New Delhi-based software product company announced that SAP Ventures, a division of SAP AG, has invested in the company for a minority ownership. The 16-year-old company will use the proceeds to fund continued growth, including product development and acceleration of global expansion plans, particularly in new geographies across the world like USA. The company is targeting expansion of its sales and marketing operations from 30 countries at present to 100 countries in next four years.

Newgen Software Technologies Limited, a New Delhi-based software product company today announced that SAP Ventures, a division of SAP AG, has invested in the company for a minority ownership. Newgen will use the proceeds to fund continued growth, including product development and acceleration of global expansion plans, particularly in new geographies across the world like USA.

Newgen Software Technologies Limited, a New Delhi-based software product company today announced that SAP Ventures, a division of SAP AG, has invested in the company for a minority ownership. Newgen will use the proceeds to fund continued growth, including product development and acceleration of global expansion plans, particularly in new geographies across the world like USA. The company is targeting expansion of its sales and marketing operations from 30 countries at present to 100 countries in next four years.

Newgen Software Technologies Limited, a New Delhi-based software product company announced that SAP Ventures, a division of SAP AG, has invested in the company for a minority ownership. Newgen will use the proceeds to fund continued growth, including product development and acceleration of global expansion plans, particularly in new geographies across the world like USA. The company is targeting expansion of its sales and marketing operations from 30 countries at present to 100 countries in next four years.

Newgen Software Technologies limited, a leader in the field of Business Process Management (BPM) and Document Management System (DMS) announced that it has secured a landmark deal with TienPhong Bank in Vietnam. This order marks Newgen's entry into Vietnam, further strengthening its leadership position in South East Asia.

Newgen Software Technologies Limited, a New Delhi-based software product company today announced that SAP Ventures, a division of SAP AG, has invested in the company for a minority ownership. Newgen will use the proceeds to fund continued growth, including product development and acceleration of global expansion plans, particularly in new geographies across the world like USA. The company is targeting expansion of its sales and marketing operations from 30 countries at present to 100 countries in next four years.

SAP Venture, the venture capital arm of enterprise software maker SAP, has invested Rs 10 crore in New Delhi-based software product company Newgen Software Technologies Ltd for a minority stake.

Newgen Software Technologies Limited, a New Delhi-based software product company, announced that SAP Ventures, a division of SAP AG, has invested in the company for a minority ownership.

Newgen Software Technologies, New Delhi, on Thursday announced the sale of its minority stake to SAP Ventures, the venture capital arm of SAP.

SAP Venture, the venture capital arm of SAP, has picked up a minority stake in product company Newgen Software for an undisclosed amount.

Delhi-based Document Management software firm Newgen Technologies on Thursday announced sale of a minority stake to SAP Ventures, the venture capital arm of SAP, for Rs 10 crore.

SAP Venture, the venture capital arm of enterprise software maker SAP, has invested Rs 10 crore ($2.21 million) in New Delhi-based software product company Newgen Software Technologies Ltd for a minority stake. This follows a $7.5 million investment by HSBC private equity in January this year. Newgen claims to be a market leader in Business Process Management (BPM) and Document Management System (DMS), with a global footprint of about 700 installations in over 30 countries. The company provides solutions in sectors such as banking, education, telecom, manufacturing, among others.

Newgen Software Technologies Limited, a New Delhi-based software product company today announced that SAP Ventures, a division of SAP AG, has invested in the company for a minority ownership. Newgen will use the proceeds to fund continued growth, including product development and acceleration of global expansion plans, particularly in new geographies across the world like USA. The company is targeting expansion of its sales and marketing operations from 30 countries at present to 100 countries in next four years.

Newgen Software Technologies Limited, a market leader in Business Process Management (BPM) and Document Management System (DMS), today announced the inaugural Newgen CIO Summit - 2008 in Dubai. The summit will be held on 28th & 29th August 2008 at the Le Meridian Hotel, Dubai.

Newgen Software Technologies Limited, a market leader in Business Process Management (BPM) and Document Management System (DMS), with impeccable track record of implementing mission-critical Workflow and Document Imaging solutions, today announced the successful implementation of its Document Management System (DMS) solution at DTDC, the leading Indian courier and cargo company having the largest domestic delivery network in India.

Newgen Software Technologies Limited, a market leader in Business Process Management (BPM) and Document Management System (DMS), with impeccable track record of implementing mission-critical Workflow and Document Imaging solutions, today announced the successful implementation of its Document Management System (DMS) solution at DTDC, the leading Indian courier and cargo company having the largest domestic delivery network in India.

Newgen Software Technologies Limited, a market leader in Business Process Management (BPM) and Document Management System (DMS), with impeccable track record of implementing mission-critical Workflow and Document Imaging solutions, today announced the successful implementation of its Document Management System (DMS) solution at DTDC, the leading Indian courier and cargo company having the largest domestic delivery network in India.

With the increasing burden to archive documents, DTDC realized that digitization of documents was imperative. To improve its operational efficiency, and secure delivery of high value consumer shipments, DTDC deployed Newgen's Document Management System (DMS) solution.

Newgen Software Technologies Limited, a market leader in business process management (BPM) and Document Management System (DMS), announced the successful implementation of its document management system (DMS) solution at DTDC, the leading Indian courier and cargo company having the largest domestic delivery network in India.

Newgen Software Technologies Ltd., a leader in the fields of Business Process Management (BPM) and Document Management System (DMS), has secured a landmark deal with TienPhong Bank in Vietnam. This order marks Newgen's entry into Vietnam, further strengthening its leadership position in South-East Asia.

Newgen Software Technologies limited a leader in the field of Business Process Management (BPM) and Document Management System (DMS) announced that it has secured a landmark deal with TienPhong Bank in Vietnam. This order marks Newgen's entry into Vietnam, further strengthening its leadership position in South East Asia.

Diwakar Nigam, Managing Director, Newgen Software said, "We are happy to partner with TienPhong Bank in their endeavor to strengthen their operations and meet the challenges emerging from a rapidly evolving Vietnam market."

Newgen Software, a business process management (BPM) and Document Management System (DMS) company, has secured a deal with TienPhong Bank in Vietnam.

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. 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.

Managing Director of Newgen, Diwakar Nigam, said "we are glad with this important success. Our innovative solutions will empower Capital G Bank to significantly improve back office productivity through streamlining document centric processes."

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. 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 "ICE, IT, and ITes" category.

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. 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 "ICE, IT, and ITes" category.

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 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. 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 "IT enabled Services (ITeS)" category.

Newgen Software Technologies limited, a leader in the field of Business Process Management (BPM) and Document Management System (DMS) has won the CNBC-TV18 & ICICI Bank Emerging India Awards that honour the best small and medium enterprises in India.

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. 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.

Year 2008 (April - June)

With their fast-expanding operations, Kuoni realised that there was an imminent need for an efficient and effective Document Management System (DMS), which could also ensure seamless scalability of operations well into the future. After considering solutions from numerous vendors, both local and international, Newgen Software's solution consisting of OmniFlow (Workflow and Business Process Management System), OmniDocs (Document Management System), OmniScan (Document Capture), SAP connector and other custom utilities was selected.

Newgen Software Technologies limited, a leader in the field of Business Process Management (BPM) and Document Management System (DMS), today announced the successful implementation of its suite of DMS products at Kuoni Travel Group to achieve a transparent and efficient workflow leading to a paperless office.

Diwakar Nigam, MD of Newgen Softwares Technologies established a firm grounding for himself by following his dream of having a common workplace for the world. The bright M.Tech from IIT, Chennai, proudly asserts, "In 1992, we started with the dream of 'One World, One Workplace.' Today our vision of this has come true. India's booming BPO and captive centers of MNCs are ample proof of the same."

Newgen Software Technologies recently announced the successful implementation of its suite of DMS products at Kuoni Travel Group to achieve a transparent and efficient workflow leading to a paperless office. With the help of Document Management System, OmniDocs, Newgen successfully automated critical finance processes such as Accounts Payable, Accounts Receivable and multiple internal-approval processes at Kuoni.

Newgen Software Technologies recently announced the successful implementation of its suite of DMS products at Kuoni Travel Group to achieve a transparent and efficient workflow leading to a paperless office. With the help of Document Management System, OmniDocs, Newgen successfully automated critical finance processes such as Accounts Payable, Accounts Receivable and multiple internal-approval processes at Kuoni.

Newgen Software Technologies, a leader in the field of Business Process Management (BPM) and Document Management System (DMS), has announced the successful implementation of its suite of DMS products at Kuoni Travel Group to achieve a transparent and efficient workflow leading to a paperless office.

Newgen Software Technologies Limited today announced the successful implementation of its suite of Document Management System (DMS) products at Kuoni Travel Group to achieve a transparent and efficient workflow leading to a paperless office.

"Newgen's solution drastically brought down the efforts and time spent in searching for the information. By offering a Web-based document management solution, we ensure our clients have complete visibility to the process. With this solution, our customers have increased drastic turnaround times for processing their invoices," added Nimkar

The Kuoni Travel Group with the help of Newgen's suite of DMS products was able to achieve a transparent and efficient workflow and, to an extent, a paperless office

Newgen Software Technologies, a New Delhi based product company announced a significant investment of INR 300 million for a minority stake in the company, by a wholly owned subsidiary of The HSBC Asian Ventures Fund advised by HSBC Private Equity Technology (Asia). The funds raised will be used to facilitate Newgen's expansion of sales and marketing activities in new markets across the globe.

Diwakar Nigam from Newgen Software spoke to us on the 35th session of NASSCOM Friday's 2.0. The session kick started with a welcome address by Anil Bakht from Eastern Software Systems, who also set the tone for the day by talking briefly about companies committed to developing innovative IP and foraying the rather tough world of products. We had around 27 people in the room who were keen to hear from Diwakar on what it takes to build a Great Product Company.

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 been recognized as an innovator in the DMS report update by Bloor research. The report on DMS provides a snapshot of the leading players in the Document Management System market.

The last decade has witnessed comprehensive automation of processes across industries. However, contrary to the expectations, automation has not resulted in elimination of paper. Banks, insurance companies, and financial institutions extensively use paper for carrying out their operations. Similarly, other industries, too, use paper in their processes. Automation of processes is directly linked to capturing documents in their electronic form and then using these electronic or digitized documents throughout the process flow.

Newgen Software Technologies limited has helped this new retail entrant in automating and centralizing its processes, enabling it to add more branches rapidly

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 been recognized as an innovator in the DMS report update by Bloor research. The report on DMS provides a snapshot of the leading players in the Document Management System market.

Newgen Software Technologies has been recognised as an innovator in the Document Management System (DMS) report update by Bloor research.

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 been recognized as an innovator in the DMS report update by Bloor research. The report on DMS provides a snapshot of the leading players in the Document Management System 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 it has been recognized as an innovator in the DMS report update by Bloor research.

Newgen Software Technologies limited, a leader in the field of Business Process Management (BPM) and Document Management System (DMS) announced that it has been recognized as an innovator in the DMS report update by Bloor research. The report on DMS provides a snapshot of the leading players in the Document Management System market.

Newgen Software Technologies limited, a leader in the field of Business Process Management (BPM) and Enterprise Content Management (ECM) is pleased to announce that it has been recognized as an innovator in the ECM report update by Bloor research. The report on ECM provides a snapshot of the leading players in the Enterprise Content Management 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 it has been recognized as an innovator in the DMS report update by Bloor research. The report on DMS provides a snapshot of the leading players in the Document Management System 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 it has been recognized as an innovator in the DMS report update by Bloor research. The report on DMS provides a snapshot of the leading players in the Document Management System market.

"I wish to thank Bloor Research for recognizing our efforts in the Document Management System space. This recognition propels us to take our innovation to the next level and achieve our objective of ensuring customer delight."
Diwakar Nigam, managing director, Newgen Software Technologies

“I wish to thank Bloor research for recognizing our efforts in the Document Management System space.  This recognition propels us to take our innovation to the next level and achieve our objective of ensuring customer delight.”
Diwakar Nigam, managing director, Newgen Software Technologies

Diwakar Nigam, managing director, Newgen Software Technologies says, "CMS is a system where all kinds of content are stored and organised in such a manner that it is easily accessible. The content management system has all the capabilities to search and store contents."

Year 2008 (January - March)

“I must say that I have been empowered by my organization to look beyond conventional horizons and take big risks to aim for impressive growth targets and I appreciate that my team works hard to reach these targets,”
Punit Jain, Vice President, Sales and Marketing, Newgen Software

"Worldwide, large organizations have implemented DMS for efficient working or reducing paper-based processing and building knowledge bases. India lags in this mindset. At the moment, although compliance is being talked about, real implementations are few. Current usage is typically based on customer record management mainly telecom, centralization of paper-intensive business for banks and insurance, file tracking initiatives from e-governance and few that involve image-enabling ERP systems."

Punit Jain, Vice President, Sales and Marketing, Newgen Software

Newgen Software Technologies Limited today announced entry into Bermuda by winning a significant order from Capital G Bank Limited. Capital G Bank Limited distinguishes itself from other banks by providing simple and uncomplicated banking services to a diverse range of clientele. It provides a wide range of financial services in a professional environment that is customer driven.

Newgen Software Technologies Limited announced entry into Bermuda by winning a significant order from Capital G Bank Limited.

Newgen Software Technologies Limited today announced entry into Bermuda by winning a significant order from Capital G Bank Limited.

Newgen Software Technologies Limited today announced entry into Bermuda by winning a significant order from Capital G Bank Limited.

Newgen Software Technologies Limited, a market leader in Business Process Management (BPM) and Document Management System (DMS), with impeccable track record of implementing mission-critical Workflow and Document Imaging solutions, today announced the successful implementation of its BPM solution (based on Newgen OmniFlowT) at Fullerton India Credit Company Limited (FICCL).

Newgen Software Technologies Limited, a market leader in Business Process Management (BPM) and Document Management System (DMS), with impeccable track record of implementing mission-critical Workflow and Document Imaging solutions, today announced the successful implementation of its BPM solution (based on Newgen OmniFlow) at Fullerton India Credit Company Limited (FICCL). FICCL, one of the largest capitalized Non Banking Finance Companies (NBFC) in the country, has rapidly grown to 700+ branches from 350 branches, with further expansion underway. The number of users has also increased to 1560.

Newgen BPM leverage SOA to offer comprehensive capabilities that make a strong case for their adoption, even individually. However, combined together, they offer pervasive, unbeatable benefits to enterprises looking to catapult themselves ahead of the others.

Newgen Software Technologies limited, a leader in the field of Business Process Management (BPM) and Document Management System (DMS), today announced the launch of its Output Management System called OmniOMS (O2MS).

Newgen Software Technologies has announced the launch of its output management system called OmniOMS (O2MS).

New Delhi-headquartered Newgen Software Technologies Limited has launched its output management system called OmniOMS (O2MS). Newgen O2MS is a one-stop solution for managing enterprise output in a cost-effective manner that impacts both top line and bottom line of businesses.

Newgen Software Technologies limited, a leader in the field of Business Process Management (BPM) and Document Management System (DMS), announced the launch of its Output Management System called OmniOMS (O2MS).

Newgen Software Technologies limited, a leader in the field of Business Process Management (BPM) and Document Management System (DMS), today announced the launch of its Output Management System called OmniOMS (O2MS).

Newgen Software Technologies limited, a leader in the field of Business Process Management (BPM) and Document Management System (DMS), today announced the launch of its Output Management System called OmniOMS (O2MS).

Newgen Software Technologies limited, a leader in the field of Business Process Management (BPM) and Document Management System (DMS), today announced the launch of its Output Management System called OmniOMS (O2MS).

When it came to discussing innovation in the DMS arena, Pelz-Sharpe said firms should not automatically look to North American vendors as their first choice. He pointed to the innovation accomplished by Indian vendor Newgen. "It has the resources and skills to develop quickly and I've been watching their product change quickly and move faster than a lot of their competitors."

Newgen Software Technologies, a company engaged in Business Process Management (BPM) and Document Management System (DMS), is eyeing presence in 100 countries in the next two years.

HSBC Private Equity Asia, a subsidiary of HSBC's Asian Ventures Fund, said on Monday it had pumped $7.5 million into New Delhi, India-based Newgen Software Technologies, a company that focuses on document imaging and work flow management systems.

"Indian managers possess a 'nurturing orientation' towards their subordinates in addition to task-orientation. In India, familial relationships and values are deeply imbibed in people. Similarly, our historical past and values make dependency and abdication of power a positively perceived phenomenon. Thus, people in subordinate roles become more supportive to their managers." S J Raj, Senior VP, HR, Newgen Software

Newgen Software Technologies limited, leader in the field of Business Process Management (BPM) and Document Management System (DMS), have launched the latest version of their DMS solution, OmniDocs^TM 6.0. OmniDocs^TM Version 6.0, comes with greater focus on enhanced security features & requirements, support for scalability & manageability and compliance with technologies and industry standards.

Newgen Software Technologies limited, a leader in the field of Business Process Management (BPM) and Document Management System (DMS), recently launched the latest version of their DMS solution OmniDocsT. OmniDocsT Version 6.0 has a strong focus on enhanced security features and requirements, support for scalability, manageability and compliance with technology and industry standards.

Newgen Software Technologies, business process management (BPM) and Document Management System (DMS) solutions provider, has launched its latest version of Document Management System (DMS) solution, OmniDocs^TM 6.0.

OmniDocs^TM Version 6.0, comes with greater focus on enhanced security features & requirements, support for scalability and manageability, and compliance with technologies and industry standards

Newgen Software Technologies limited, a leader in the field of Business Process Management (BPM) andEnterprise ContentManagement (DMS), recently launched the latest version of their DMS solution OmniDocsT. OmniDocsT Version 6.0 has a strong focus on enhanced security features and requirements, support for scalability, manageability and compliance with technology and industry standards.

Newgen Software Technologies limited, a leader in the field of Business Process Management (BPM) and Document Management System (DMS), recently launched the latest version of their DMS solution OmniDocsT Version 6.0.

Newgen Software Technologies limited, a leader in the field of Business Process Management (BPM) and Document Management System (DMS), recently launched the latest version of their DMS solution OmniDocsT 6.0

Newgen Software Technologies limited, a leader in the field of Business Process Management (BPM) and Document Management System (DMS), recently launched the latest version of their DMS solution OmniDocsT. OmniDocsT Version 6.0 has a strong focus on enhanced security features and requirements, support for scalability, manageability and compliance with technology and industry standards.

Newgen Software Technologies limited, a leader in the field of Business Process Management (BPM) and Document Management System (DMS), recently launched the latest version of their DMS solution OmniDocsT Version 6.0

"BPM-SOA combination can be leveraged to design and implement truly end-to-end automated solutions, built by using existing functionalities, resulting into huge costs savings and decreased time to market. Businesses can fully exploit the combined capabilities of BPM and SOA to quickly scale the solutions to higher transaction demands." Punit Jain, vice president, Sales and Marketing, Newgen Software

HSBC Private Equity Asia, a subsidiary of HSBC Asian Ventures Fund, on Monday said it pumped $7.5 million into New Delhi, India-based Newgen Software Technologies, a company that focuses on document imaging and work flow management systems.

Year 2007 (October - December)

As the Indian economy integrates and aligns more and more with the global economy, industry verticals are gearing up to compete internationally.

SJ Raj, Senior Vice-president, HR, Newgen Software felt, "IT industry is knowledge-intensive and comprises of a highly educated workforce which engages in extensive intellectual work. In such an industry-which can also be currently described as a marketplace of layoffs, mergers and talent wars-the traditional notion of employee loyalty as lifetime relationship with a particular employer has undergone a tremendous change. In today's scenario, expression and experience of loyalty between employer and employee is based on a mutual and reciprocal relationship."