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Newgen Positioned as a Challenger in Magic Quadrant for Content Services Platforms by Gartner

Posted On: 2019-11-19 08:56:37

Newgen Software, a global provider of automation platform managing content, processes, and communication announced that it has been positioned as a Challenger in the Gartner Magic Quadrant for Content Services Platforms, October 2019, authored by Michael Woodbridge et al.

The report evaluates 18 different enterprise content management (ECM) vendors on the parameters of their ability to execute and completeness of vision.

"I believe this recognition highlights our focus and ability to help organizations drive innovation, transform digitally and build a customer-centric approach. Our solutions, powered with modern technologies like RPA, AI/ML, social sensing, mobility & analytics, help enterprises lay the foundation for truly digital business." said Diwakar Nigam, MD and Chairman, Newgen Software.

Newgen OmniDocs Enterprise Content Management (ECM) the suite is a market-leading low-code application platform that helps drive enterprise-wide digital transformation. The platform equips organizations with the ability to manage content and content-centric processes for improved regulatory compliance, enhanced business productivity and reduced operating costs. Leveraging the platform, organizations can deliver contextual content over mobile and cloud leading to improved collaboration and smarter decision making for enhanced customer satisfaction.

Newgen (OmniDocs ECM suite)has received use case scores of 3.97 out of 5 for Integrated Business Applications, 4.19 out of 5 for Content Application Composition, 4.39 out of 5 for Document Management, 4.27 out of 5 for Records Management, and 4.19 out of 5 for Team Workspace use cases in Critical Capabilities for Content Services Platforms.

*Gartner Magic Quadrant for Content Services Platforms by Michael Woodbridge, Marko Sillanpaa and, Lane Severson, published on October 30, 2019.

*Gartner, Critical Capabilities for Content Services Platforms, Michael Woodbridge et al, 30 October 2019

Disclaimer: Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Shares of Newgen Software Technologies Ltd was last trading in BSE at Rs.184.9 as compared to the previous close of Rs. 189.4. The total number of shares traded during the day was 1010 in over 101 trades.

The stock hit an intraday high of Rs. 189.5 and intraday low of 183.1. The net turnover during the day was Rs. 186320.


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