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Newgen Software Technologies

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Newgen Software Positioned in the Magic Quadrant for Business Process Management (BPM) Suites, 2010

Indian Software Product Company, Newgen Software, poised for rapid expansion across the globe.

McLean, VA, November 05, 2010 --( Newgen Software, a leading global provider of Business Process Management (BPM) and Enterprise Content Management (ECM) solutions, today announced it has been positioned by Gartner, Inc. in the 2010 Magic Quadrant report[i] 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.

“We have a strong presence in Emerging markets with 800 installations across 40 countries. We are a Solution Provider of choice for world’s leading Banks, Insurance Companies, Financial Services, BPOs, SSCs and Government organizations. With this recognition, we expect to have a greater access to North American and European markets, while further consolidating and strengthening our leadership in Emerging Markets,” he said.

[i] 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.

About Newgen:
Newgen Software Technologies Limited is the market leader in Business Process Management (BPM) and Enterprise Content management (ECM), with a global footprint of 800 installations in over 40 countries with large, mission-critical solutions deployed at the world's leading Banks, Insurance firms, BPO’s, Healthcare Organizations, Government, Telecom Companies & Shared Service Centers.

Newgen Software has been positioned in the Magic Quadrant for Enterprise Content Management (ECM), 2009. The company has been 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 awards, such as the CNBC-TV18, “Emerging India Award 2008.”

With HSBC and SAP investment, Newgen is one of the rare product company 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.

Contact Information
Newgen Software Technologies
Max Dixit
1364 Beverly Rd, Ste 300
McLean, VA 22101

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