Newgen Software is Included as a Sample Vendor in the Hype Cycle for BPM, 2009

MCLean, VA, September 20, 2009 --(PR.com)-- Newgen Software Technologies limited, a leader in the field of Business Process Management (BPM) and Document Management System (DMS) is pleased to announce that the leading research and consulting firm Gartner has included its name as a sample vendor in the Gartner Hype Cycle for Business Process Management, 2009.

The report mentions that “BPM has become a way for enterprises to change the way they do business and to differentiate their companies from others. A BPMS implementation approach enhances business agility in response to changing market needs.” (Source: Gartner, “Hype Cycle for Business Process Management, 2009” Michele Cantara et al., 20 July 2009)

Commenting on the recognition Mr. Diwakar Nigam, Managing Director, Newgen Software, said “Newgen Software already has its footprints in 35 countries with over 750 installations and a strong presence in the emerging markets. With this recognition from Gartner, we expect a faster growth in the developed markets like Europe and in our existing markets like the USA.”

Newgen Software provides end-to-end BPM and ECM solutions to various industry verticals like Business Process Outsourcing, Shared Service Centers, Banking, Financial Services, Insurance, Telecom, Manufacturing, Government and Defense. Newgen Software’s exact-fit solutions are tailored to meet the local and regional needs of our customers, while allowing them the scalability to both grow into and operate on a global scale.

According to Gartner, “A BPMS should be considered for those processes that have balanced requirements for coordinating human efforts with automated activities and information flows to deliver higher work outcomes.”

Hype Cycle Disclaimer:

The Hype Cycle is copyrighted 20 July 2009 by Gartner, Inc. and/its affiliates and is reused with permission. Hype Cycles are graphical representations of the relative maturity of technologies, IT methodologies and management disciplines. They are intended solely as a research tool, and not as 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 Software

Newgen Software Technologies Limited is the market leader in Business Process Management (BPM) and Document Management System (DMS), with a global footprint of about 750 installations in over 35 countries. More than 100 of these implementations are large, mission-critical solutions deployed at world's leading BFSI, BPO and Fortune Global 500 companies.

Newgen is 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 award, such as CNBC-TV18, “Emerging India Award 2008”.

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

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