Newgen Software secures spot in 2024 Gartner report

For the fifth consecutive year, Newgen Software has been recognised in the 2024 Gartner Magic Quadrant for Enterprise Low-Code Application Platforms.

The company has been identified as a niche player based on its NewgenONE digital transformation platform, which aims to simplify complex workflows and improve operational agility. The 2024 report evaluated 13 low-code application platform providers, affirming Newgen's capabilities in this domain.

Gartner states, "The enterprise LCAPs included in this research demonstrate successful adoption for business application delivery in all use cases and every business vertical." Newgen continues to target large and midsized enterprises in banking, insurance, government, and healthcare.

Newgen has enhanced its platform with tools such as Optical Character Recognition (OCR), Natural Language Processing (NLP), and Marvin GenAI, strengthening its intelligent document processing and document management capabilities.

Virender Jeet, CEO at Newgen Software, expressed the significance of the recognition: "Being recognised for the fifth consecutive year in the 2024 Gartner Magic Quadrant for Enterprise Low-Code Application Platforms (LCAP), we feel, is a testament to our unwavering commitment to innovation and excellence. At Newgen, our mission is to drive transformative growth for businesses worldwide by simplifying complex workflows and embedding agility at the core of operations. We empower enterprises to not only navigate but thrive in the ever-evolving market and regulatory environments."

Newgen Software, a global provider of digital transformation platforms, delivers enterprise solutions that streamline complex, content-driven workflows and enable organisations to achieve greater efficiency and compliance. With a footprint across more than 72 countries, Newgen's technology offerings cater to the specific needs of industries such as banking, financial services, insurance, government, and healthcare, enabling organisations to achieve seamless operations through intelligent automation.

As businesses increasingly adopt digital transformation to stay competitive, Newgen Software's consistent recognition by Gartner underscores its role as a trusted partner in enterprise low-code application platforms. Through its NewgenONE platform, Newgen remains committed to empowering organisations with innovative solutions that meet today's demands and anticipate tomorrow's challenges, cementing its position as a significant player in the evolving digital landscape.