Frost & Sullivan Recognizes Newgen Software As A ‘Hot Company to Watch for’ in the ECM Market

Newgen Software Technologies limited, a leader in the field of Business Process Management (BPM) and Document Management System (DMS) is pleased to announce that leading research and consulting firm Frost & Sullivan has acknowledged Newgen as a hot company to watch for in the enterprise content management market according to the Frost & Sullivan Hot Company Watch list 2009.

The recognition by Frost & Sullivan to Newgen Software as a hot company has been given due to its aggressive market expansion goals across the globe, the company’s focus on providing total solutions to modernize disparate content management and organizational tools and the capability to provide end-to-end business process management tools.

Commenting on the recognition Mr. Diwakar Nigam – Managing Director, Newgen Software, said “The acknowledgement by Frost and Sullivan is a significant validation for our efforts to successfully demonstrate the ability to build superior products and consistently execute on unique product strategies. We believe that with our renewed focus on the Financial and Telcom sectors in the emerging Asian markets will help us gain a larger share of the ECM and BPM market.”

According to Frost & Sullivan, “Newgen Software has been identified for having the potential to grow over the next 12 months due to its current initiatives. The company retains an impressive customer base that demonstrates and fortifies its products’ reliability, scalability and ability to provide end-to-end business process management tools.”

“Newgen Software Technologies has expanded its footprints to 35 countries with over 750 installations. The company has effectively focused on providing best-fit solutions for local and regional needs, while allowing for the scalability companies need to both grow into and operate on a global scale.”