Newgen Software, a leading global provider of Business Process Management (BPM), Enterprise Content Management (ECM), Customer Communication Management (CCM), and Case Management (CM) solutions, today announced that it has been listed among Red Herring Top 100 technology companies in the world.
Red Herring, a widely respected body for providing insights into the future technology trends; recognized Newgen among the top 100 global companies for showing continuous and remarkable growth on several stringent parameters such as; financial performance, technology innovation and quality of management execution of strategy along with several other strategic parameters. The gala award ceremony was held at the Sofitel Hotel in Beverly Hills, Los Angeles. Newgen was measured against the top global technology players and emerged victorious as part of the listing this year.
Commenting on this achievement, Mr. Diwakar Nigam MD & CEO, Newgen Software said: “This award is a recognition of Newgen’s emergence as a dominant global technology player and a company to watch out in the future. It stamps our pioneering work in the BPM, ECM and CCM space and the phenomenal growth and success we have seen thus far. We are delighted with this global recognition and look forward to drive continued innovation across industries.”
As a result of its disruptive innovation and business growth, the company has consistently been positioned in the Magic Quadrants for Intelligent Business Process Management (iBPMs), Enterprise Content Management (ECM) and Customer Communication Management while also receiving recognition from distinguished analyst firms including Forrester, Frost and Sullivan and IDC.
In order to fuel its technology innovation, Newgen invests 12% to 15 % of its revenues in R&D with latest innovation being Newgen Enterprise Mobility Framework, a framework to develop, deploy and manage highly configurable hybrid mobile apps.
Newgen marquee customers include Citi Bank, First Caribbean International Bank (FCIB), NCB Jamaica, Ingram Micro, Wellcare, Metlife, Coca Cola, Astra Zeneca, Praxair, Caterpillar, HCL, ICICI Bank, Abu Dhabi Commercial Bank, Bank Dhofar, Axis Bank, Max Bupa Health Insurance, L&T Financial Services, Liberty Insurance.