Newgen Software: A Beacon in the Low-Code Landscape
November 4, 2024, 10:10 pm
Location: France, Occitania, Toulouse
Employees: 1001-5000
Founded date: 1992
Total raised: $23.36M
In the ever-evolving world of technology, recognition is a powerful currency. Newgen Software has struck gold once again, earning a spot in the 2024 Gartner Magic Quadrant for Enterprise Low-Code Application Platforms. This marks the fifth consecutive year the company has been acknowledged in this prestigious report. Like a seasoned sailor navigating through turbulent waters, Newgen has consistently charted a course toward innovation and excellence.
Gartner's Magic Quadrant evaluates a range of low-code application platform providers. This year, 13 contenders were assessed, and Newgen emerged as a niche player. Its NewgenONE platform is the ship that carries the company through the stormy seas of digital transformation. This platform is not just a tool; it’s a lifeline for businesses seeking to simplify complex workflows and enhance operational agility.
Newgen primarily serves large and midsize enterprises across various sectors, including banking, insurance, government, and healthcare. These industries are like intricate mazes, filled with challenges and opportunities. Newgen’s solutions act as a compass, guiding organizations through the complexities of document management and intelligent automation.
The company’s strengths lie in its advanced capabilities in Intelligent Document Processing. With tools like Optical Character Recognition (OCR) and Natural Language Processing (NLP), Newgen is not just keeping pace; it’s setting the tempo. The introduction of Marvin GenAI tools further enhances its offerings, allowing organizations to capture and manage content with unprecedented efficiency.
In a world where digital transformation is no longer optional, Newgen stands as a trusted partner. The 2024 Gartner report highlights the successful adoption of enterprise low-code application platforms across all business verticals. This is a testament to the adaptability and robustness of Newgen’s solutions. They are not just software; they are the backbone of modern enterprises striving for efficiency and compliance.
The recognition from Gartner is not just a feather in Newgen’s cap; it’s a validation of its mission. The company aims to drive transformative growth for businesses worldwide. By simplifying workflows and embedding agility into operations, Newgen empowers enterprises to thrive in an ever-changing market landscape. It’s like planting seeds in fertile soil, nurturing them to grow into robust trees that withstand the winds of change.
Earlier this year, Newgen also garnered attention from Forrester, being named among the 'Notable Vendors' in the "Content Platforms Landscape, Q3 2024" report. This dual recognition from two leading analyst firms underscores Newgen’s significant role in the content management space. Forrester describes content platforms as specialized software designed for the creation and delivery of document-rich applications. Newgen’s NewgenONE Contextual Content Services Platform fits this description perfectly, enabling organizations to manage content seamlessly.
The platform’s core use cases include document-centric collaboration, process automation, and information governance. It’s a Swiss Army knife for enterprises, equipped to handle a variety of tasks with ease. The cloud-native architecture allows for scalability, ensuring that organizations can grow without being hampered by outdated technology.
Newgen’s integration of cutting-edge technologies like artificial intelligence (AI), machine learning (ML), and generative AI (GenAI) is akin to adding turbo boosters to a high-performance vehicle. These advancements enable organizations to capture content from multiple sources, manage it securely, and ensure easy access across devices. In a digital-first world, this adaptability is crucial. It creates a seamless, highly connected digital workplace where collaboration flourishes.
The company’s commitment to innovation is evident in its focus on automating knowledge work. By enhancing collaboration and ensuring strong information governance, Newgen empowers organizations to unlock the full potential of their enterprise-wide content. It’s like turning on the lights in a dark room, revealing opportunities that were previously hidden.
As businesses continue to embrace digital transformation, Newgen Software’s consistent recognition by Gartner and Forrester solidifies its position as a significant player in the low-code application platform arena. The company’s solutions are not just about keeping up; they are about leading the charge into the future. Newgen is a lighthouse, guiding enterprises through the fog of uncertainty toward a brighter, more efficient tomorrow.
In conclusion, Newgen Software is more than just a name in the tech industry. It’s a symbol of resilience and innovation. As it continues to evolve and adapt, it remains a beacon for organizations seeking to navigate the complexities of the digital landscape. With its robust NewgenONE platform and a commitment to excellence, Newgen is poised to shape the future of enterprise solutions. The journey is just beginning, and the horizon is filled with promise.
Gartner's Magic Quadrant evaluates a range of low-code application platform providers. This year, 13 contenders were assessed, and Newgen emerged as a niche player. Its NewgenONE platform is the ship that carries the company through the stormy seas of digital transformation. This platform is not just a tool; it’s a lifeline for businesses seeking to simplify complex workflows and enhance operational agility.
Newgen primarily serves large and midsize enterprises across various sectors, including banking, insurance, government, and healthcare. These industries are like intricate mazes, filled with challenges and opportunities. Newgen’s solutions act as a compass, guiding organizations through the complexities of document management and intelligent automation.
The company’s strengths lie in its advanced capabilities in Intelligent Document Processing. With tools like Optical Character Recognition (OCR) and Natural Language Processing (NLP), Newgen is not just keeping pace; it’s setting the tempo. The introduction of Marvin GenAI tools further enhances its offerings, allowing organizations to capture and manage content with unprecedented efficiency.
In a world where digital transformation is no longer optional, Newgen stands as a trusted partner. The 2024 Gartner report highlights the successful adoption of enterprise low-code application platforms across all business verticals. This is a testament to the adaptability and robustness of Newgen’s solutions. They are not just software; they are the backbone of modern enterprises striving for efficiency and compliance.
The recognition from Gartner is not just a feather in Newgen’s cap; it’s a validation of its mission. The company aims to drive transformative growth for businesses worldwide. By simplifying workflows and embedding agility into operations, Newgen empowers enterprises to thrive in an ever-changing market landscape. It’s like planting seeds in fertile soil, nurturing them to grow into robust trees that withstand the winds of change.
Earlier this year, Newgen also garnered attention from Forrester, being named among the 'Notable Vendors' in the "Content Platforms Landscape, Q3 2024" report. This dual recognition from two leading analyst firms underscores Newgen’s significant role in the content management space. Forrester describes content platforms as specialized software designed for the creation and delivery of document-rich applications. Newgen’s NewgenONE Contextual Content Services Platform fits this description perfectly, enabling organizations to manage content seamlessly.
The platform’s core use cases include document-centric collaboration, process automation, and information governance. It’s a Swiss Army knife for enterprises, equipped to handle a variety of tasks with ease. The cloud-native architecture allows for scalability, ensuring that organizations can grow without being hampered by outdated technology.
Newgen’s integration of cutting-edge technologies like artificial intelligence (AI), machine learning (ML), and generative AI (GenAI) is akin to adding turbo boosters to a high-performance vehicle. These advancements enable organizations to capture content from multiple sources, manage it securely, and ensure easy access across devices. In a digital-first world, this adaptability is crucial. It creates a seamless, highly connected digital workplace where collaboration flourishes.
The company’s commitment to innovation is evident in its focus on automating knowledge work. By enhancing collaboration and ensuring strong information governance, Newgen empowers organizations to unlock the full potential of their enterprise-wide content. It’s like turning on the lights in a dark room, revealing opportunities that were previously hidden.
As businesses continue to embrace digital transformation, Newgen Software’s consistent recognition by Gartner and Forrester solidifies its position as a significant player in the low-code application platform arena. The company’s solutions are not just about keeping up; they are about leading the charge into the future. Newgen is a lighthouse, guiding enterprises through the fog of uncertainty toward a brighter, more efficient tomorrow.
In conclusion, Newgen Software is more than just a name in the tech industry. It’s a symbol of resilience and innovation. As it continues to evolve and adapt, it remains a beacon for organizations seeking to navigate the complexities of the digital landscape. With its robust NewgenONE platform and a commitment to excellence, Newgen is poised to shape the future of enterprise solutions. The journey is just beginning, and the horizon is filled with promise.