New Delhi, Delhi, 31st of October 2024 : Newgen Software, a global provider of AI-enabled end-to-end automation at scale, has been recognized in the 2024 Gartner® Magic Quadrant™ for Enterprise Low-Code Application Platforms (LCAP). The report evaluated its flagship digital transformation platform, NewgenONE. The report evaluated 13 low-code application platform providers and recognized Newgen for the fifth time in a row.
As per Gartner, “The enterprise LCAPs included in this research demonstrate successful adoption for business application delivery in all use cases and every business vertical.”
Newgen primarily targets large and midsize enterprises in the banking, insurance, government and healthcare industries. Owing to its heritage, Newgen has strong capabilities for Intelligent Document Processing and document management. It has further enhanced its OCR and NLP capabilities using the Marvin GenAI tools.
“Being recognized for the fifth consecutive year in the 2024 Gartner® Magic Quadrant™ for Enterprise Low-Code Application Platforms (LCAP), we feel, is a testament to our unwavering commitment to innovation and excellence,” said Virender Jeet, CEO at Newgen Software. “At Newgen, our mission is to drive transformative growth for businesses worldwide by simplifying complex workflows and embedding agility at the core of operations. We empower enterprises to not only navigate but thrive in the ever-evolving market and regulatory environments.“
Disclaimer: Gartner does not endorse any vendor, product, or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designations. Gartner’s research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Gartner, Magic Quadrant for Enterprise Low-Code Application Platforms, By Oleksandr Matvitskyy, Kyle Davis, Akash Jain, 16 October 2024
GARTNER is a registered trademark and service mark of Gartner and Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.
About Newgen Software
Newgen is the leading provider of AI enabled 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. From onboarding to service requests, lending to underwriting, and for many more use cases across industries, Newgen unlocks simple with speed and agility.
For more details, visit www.newgensoft.com
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