Newgen Software, a leading global provider of ECM and Business Process Management (BPM) solutions, today announced it has been positioned by Gartner, Inc. in the Magic Quadrant report for Enterprise Content Management, 2009.
The report mentions “Transactional content management solutions focus on imaging, workflow/BPM, archive, records management and e-forms. Content contained within these solutions tends to be static. Processes tend to be long-running and have a high number of forms or documents that demand scalability, life cycle control and human approval (primarily on exceptions). An application interface is almost certain.”
“We are glad to see Gartner recognition, which we believe highlights our leadership position for ‘Transactional Content Management, which combines ECM and BPM capabilities. We believe that our ECM & BPM solutions are ideal for all paper-based processes and that is an important reason why we have become a solution provider of choice for Banks, Insurers, Financial Service Institutions and Business Process Outsourcers”, said Diwakar Nigam, Newgen Software’s Managing Director and CEO.
“We have a strong presence in Emerging markets with footprints in 35 countries and 750 installations. With this recognition, we expect to have a greater access to North American and European markets, while further consolidating and strengthening our leadership position in Emerging Markets,” he further added.
Newgen Software has a comprehensive and proven ECM and BPM offering, with strong Document Management, Document Imaging, Scanning, Records Management, and Business Process Management capabilities. Newgen has built and owns the complete IPR for the products. The solution is highly scalable with many large enterprise-class deployments.
To appear in this Magic Quadrant, a vendor must meet Gartner's criteria for revenue, geographic presence, functional capabilities and "reference-ability”.
About the Magic Quadrant
The Magic Quadrant is copyrighted 2009 by Gartner, Inc. (gartner.com) 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.
About Newgen Software
Newgen Software Technologies Limited (newgensoft.com) is the market leader in Enterprise Content Management (ECM) , Business Process Management (BPM) and Document Management System (DMS), with a global footprint of about 750 installations in over 35 countries. More than 100 of these implementations are large, mission-critical solutions deployed at world's leading BFSI, BPO and Fortune Global 500 companies.
Newgen is recognized by distinguished analyst firms like Frost and Sullivan as A 'Hot Company to Watch for' in their global ECM Market report, 2009 and by IDC in its exclusive report “Newgen Software: Global Leader in Business Process Management and Document Management Solutions”. Newgen is a winner of prestigious award, such as CNBC-TV18, “Emerging India Award 2008.”
With HSBC and SAP investment, Newgen is one of the rare product companies to have backing of both leading financial and technology companies of the world. Newgen’s Quality Systems are certified against ISO 9001:2008 and Information Security Standard, ISO 27001:2005. Newgen has been assessed at CMMI Level3.
(1)Gartner “Magic Quadrant for Enterprise Content Management” by Toby Bell et al, October 15, 2009.