Newgen's Innovative and Efficient Content Management Platform is Aiding Businesses Across the Globe

Diwakar Nigam co-founded Newgen in 1992. He is also a founding member of NASSCOM, India’s apex IT industry association, and was a member of NASSCOM’s Anti-Piracy Task Group. Prior to launching Newgen, he founded Softek and was associated with the company for 12 years. Diwakar has served on Newgen’s Board of Directors since 1993 and has more than 35 years of experience in the IT industry. He is an alumnus of University of Allahabad, IIT Delhi, and IIT Madras.

Newgen Software is the leading provider of a unified digital transformation platform with native process automation, content services, and communication management capabilities. Globally, successful enterprises rely on Newgen’s industry-recognized low code application platform to develop and deploy complex, content-driven, and customer-engaging business applications on the cloud. 

Maintaining the Growth Momentum Despite the Pandemic
Despite the ongoing pandemic, Newgen has maintained its business momentum this year and expect it to continue in the coming year. In FY’21, its revenue reached Rs 673 crore, and its year-on-year net profit improved by 74%. Furthermore, Newgen has on boarded 67 new customers in FY’21 and is witnessing a continuous increase in their subscription revenues. The US region is now its largest revenue contributor, recording a growth of 16% in FY’21. Additionally, Newgen is continuously expanding its global system integrator ecosystem across key geographies, including the US, APAC, and India. Newgen reported revenues of Rs 160 crore in Q1 FY’22, and its year-on-year revenue increased by 21%.

For nearly three decades, Newgen continues to successfully enable enterprises across the globe and deliver transformed experiences with their purpose-built, industry-recognised products and solutions. Enterprises rely on Newgen’s digital transformation platform for simplifying their complex and content-centric business needs industry-recognised content services platform. Newgen continues to enhance its product suite, accelerate cloud enablement, enable rapid application development with low code, and leverage AI/ML-powered intelligence. 

The Need for Modern Content Services Platforms

The onset of the pandemic has made it imperative for businesses to switch to remote operations, digitise their business processes, and replace manual, paper-intensive processes. In a remote working environment, information sharing and employee collaboration are becoming increasingly difficult. Enterprises want secure storage, exchange, and management of documents in a digital space. Furthermore, organisations deal with a deluge of content spread across data sources and formats, including electronic, paper-based, email, social, and audio-video. Also, enterprises often use a large number of applications with each one having its own data and storage location. Moreover, many document management systems are not equipped to handle complex workflows involving multiple stakeholders and mobile access. Agility and flexibility are the need of the hour, but due to the monolithic architecture of existing document management systems, it often becomes difficult to quickly adapt to these changes.

Therefore, modern content services platforms will continue to gain popularity as they help organisations facilitate a secure, remote, paperless, and intelligent environment.

Newgen’s Contextual Content Services Platform: Empowering Enterprises Globally by Creating Boundaryless Workplaces

The efficient management and processing of content is one of the core competencies of Newgen. Its platform’s low code capability enabling rapid development and deployment of content-heavy applications on the cloud make them perfectly positioned to help enterprises with their digital transformation initiatives. Newgen continues to enable many enterprises across industries by digitising processes that are complex, multistage, mission-critical, and require deep integrations. Some of their key competitors are OpenText, Hyland, IBM, Microsoft, and Laserfiche.

In order to address the changing market needs, the company continues to invest in a multitude of features. It has even partnered with productivity applications like Zoom, MS Teams, and others and are planning to further bolster content intelligence through advanced analytics and content visualisation features. Newgen also prioritises security and compliance and has an increased focus on cloud and docker security. It has fruitful and longstanding associations with its partners, including Microsoft and Amazon Web Services (AWS), with peripheral vendors and implementation experts who help Newgen in accelerating innovations and product enhancements. 

Newgen’s resilient platform, integration-ready adaptors, domain expertise, and dedicated migration support make it easy for organisations to switch from their legacy enterprise content management (ECM) to a modern content services platform.