1:03 am - Sunday October 23, 2016

Newgen hails Digital Transformation for Businesses

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Diwakar Nigam, Managing Director, Newgen Software Technologies Ltd

Newgen hails Digital Transformation for Businesses

by designing and delivering innovative software products and solutions of highest quality.

The CEO Team

The concept ‘One World One Workplace’ epitomizes the need to integrate business across geographies, enterprise applications, processes and emerging technology disruptions. With such an idea and years old experience, Mr. Diwakar Nigam, founding member of NASSCOM, founded Newgen Software in 1992. At Newgen, under his dynamic leadership, a team of highly qualified software professionals develop software, which is totally indigenous. Headquartered in New Delhi, now the company has become a leading global provider of Business Process Management (BPM), Enterprise Content management (ECM), Customer Communication Management (CCM) and Adaptive Case Management (ACM) solutions. Newgen’s Quality Systems are certified against ISO 9001:2008 and Information Security Standard, ISO 27001:2013.

Newgen has been driving Digital Transformation for businesses by designing and delivering innovative software products and solutions of highest quality from its 13 domestic branch offices in India. Its overseas offices are located in McLean VA, United States of America; Ontario, Canada; Dubai, United Arabs Emirates and Raffles Place, Singapore. The company has a strong global footprint of 1200+ customer installations in over 58 countries with large, mission-critical solutions deployed at the world’s leading Banks, Insurance firms, Government agencies, Healthcare Organizations, Shared Service Centers, BPO’s & Telecom Companies.

The company is developing innovative world-class software products and solutions that can serve enterprises across a wide range of business functions. Its continuous focus on integrating new age technology forces like Social, Mobile, Analytics and Cloud (SMAC), makes it easier to attract clients. Newgen’s client list consists of some of India’s and the world’s largest Banks, Insurance Companies, BPOs, MNCs and big corporate houses. Its marquee customers include ICICI Bank, Union Bank of  India, United Arab Bank, Bank Muscat, IndusInd Bank, Metlife Insurance, Max Bupa, Bank Islam Brunei Darussalam, East West Bank, Diamond Bank, Mashreq Bank, Council of Scientific and Industrial Research (CSIR), Department of Scientific and Industrial Research (DSIR), HSBC, Indiabulls, Aditya Birla Financial Services, IndiaFirst Life Insurance Company, Coca Cola, HCL, Johnson & Johnson, Bajaj Electricals, Fortis Healthcare, AstraZeneca, Omaxe M3M India, Castrol, Airtel, Reliance etc.

Their flexible licensing polices allow customers to opt for ‘partial solutions’, which lowers the Total Cost of Ownership (TCO). Their highly cost-effective solutions can be integrated with customer’s legacy systems. This facilitates end-users to leverage the benefits of Newgen solutions while continuing the usage of their existing systems. 

The Maverick behind the Success

Mr. Diwakar Nigam, MD

Mr. Diwakar Nigam, the Managing Director of Newgen Software Technologies, has been an active player at the national software industry as a founding member of NASSCOM (National Association of Software and Services Companies). He is also a member of the Anti Piracy Task Group formed by NASSCOM.

Mr. Nigam has been pursuing the goal of building a world-class Product Development Company ever since his graduation and Newgen is the fulfillment of that goal. Prior to forming Newgen, Mr. Nigam, along with a few colleagues, had incorporated Softek Limited, a product development company in 1978.

Mr. Nigam attended Indian Institute of Technology, Madras for Masters in Technology in Computers Science. Completing his M.Tech, he had worked in the Software R&D of HCL from 1976-78.

Newgen is involved in the development of Enterprise Content Management and Business Process Management Software and has made an impact in India and Internationally.

  • Expanding global reach and scaling up global operations through channel partners
  • Foray into newer verticals with new configurable offerings that can cater to specific requirements of clients
  • Developing innovative world-class software products and solutions that can serve enterprises across a wide range of business functions
  • It offers an integrated offering built on ECM, BPM, CCM and Case Management platforms that enable end-to-end business transformation for Enterprises
  • Newgen has been assessed at CMMi Level3

Newgen has also developed highly configurable point solutions for addressing specific business needs of various industries. Newgen’s  solutions for FATCA compliance, Retail Loan processing, Trade Finance automation, Corporate Credit approvals, Loan Origination, Mortgage Lending, On-Screen Marking and Account Opening are some of their highly successful offerings built on the core ECM-BPM.Newgen provides Imaging and Workflow solutions to organizations across industries, automating their key business processes and establishing paperless operations, as it offers software engineering services to clients with very specific business needs. Newgen projects have been benchmarked for their ROI (Return on Investment) and organizations across verticals and geographies have achieved demonstrated Business Benefits, independently validated by leading consultancy groups and industry associations.

Recently Newgen has received Asian Banker Award 2015 for Best Brannch Automation Project and D&B Business Excellence Award 2014  for excellence in IT & IT enabled Services. It has also been awarded the Skoch Smart Governance Award 2014 for India’s Best Governance Projects, and Red Herring Asia 2014: Top 100 companies awards etc.

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