Newgen Leads with BPM for Transaction Processing

MCLEAN, VA, November 07, 2010 (Press-News.org) Newgen Software, a leading global provider of Business Process Management (BPM) and Enterprise Content Management (ECM) solutions, today announced it has been positioned by Gartner, Inc. in the 2010 Magic Quadrant report for Business Process Management Suites.

Business Process Management is a management discipline that provides for governance of a business's process environment toward the goal of improving agility and operational performance. BPM helps to improve process efficiency, ensure optimum utilization of resources, boost productivity, ensure process standardization, improve process control and enable continuous process improvement.

"We are glad to see Gartner recognition which we believe highlights our leadership in the market for BPM. Our customers have been able to achieve process excellence and transform their businesses using Newgen's BPM and ECM platform. We take this opportunity to thank our customers for choosing Newgen as a partner in their growth", said Diwakar Nigam, Newgen Software's Managing Director and CEO.

"We have a strong presence in Emerging markets with 800 installations across 40 countries. We are a Solution Provider of choice for world's leading Banks, Insurance Companies, Financial Services, BPOs, Shared Service Centers and Government organizations. With this recognition, we expect to have a greater access to North American and European markets, while further consolidating and strengthening our leadership in Emerging Markets," he further added.

Gartner, "Magic Quadrant for Business Process Management Suites" Jim Sinur, Janelle B. Hill, 18 October 2010

About the Magic Quadrant
The Magic Quadrant is copyrighted 2010 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be 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:
Newgen Software Technologies Limited is the market leader in Business Process Management (BPM) and Enterprise Content management (ECM), with a global footprint of 800 installations in over 40 countries with large, mission-critical solutions deployed at the world's leading Banks, Insurance firms, BPO's, Healthcare Organizations, Government, Telecom Companies & Shared Service Centers. 19 of Top 25 BPOs use Newgen for transaction processing and process improvement.

Newgen Software Technologies Limited is the market leader in Business Process Management (BPM) and Enterprise Content Management (ECM), with a global footprint of about 800 installations in over 40 countries.