Newgen Named as a Leader in Analyst Report on Content Platforms, Q1 2023

Newgen Software, a global provider of digital transformation platform, announced that it has been recognized as a "Leader" in The Forrester Wave™: Content Platforms, Q1 2023, authored by Cheryl McKinnon et al.

The Forrester Wave™ evaluated NewgenONE Contextual Content Services Platform and 12 other top content platform providers based on 26 criteria to help technology management professionals select the right one for their needs.

According to the Forrester report, "Organizations looking for an advanced content platform capable of scaling for heavy workloads and that need deployment flexibility and advanced automation and AI capabilities should consider Newgen."

The report also states, "Newgen has strong capabilities for process automation and document generation and some of the most comprehensive embedded intelligent content services..."

"We believe this recognition is a validation of our efforts in providing the best-in-class Enterprise Content Management Platform to our customers. Our platform goes beyond conventional content management, helping organizations unlock new possibilities. Enterprises can optimize business operations, increase productivity, and promote collaboration by utilizing NewgenONE." said Mr. Virender Jeet, CEO, Newgen Software.

Enterprises often rely on multiple systems and point solutions to manage content, resulting in silos. The changing nature of content and the growing need for collaboration among users working on cases requires businesses to invest in cloud-first, flexible enterprise content management platforms. The right platform should allow users to extract hidden insights, build intelligent content services, and enable content lifecycle management.

Shares of Newgen Software Technologies Limited was last trading in BSE at Rs. 442.75 as compared to the previous close of Rs. 445.10. The total number of shares traded during the day was 5212 in over 437 trades.

The stock hit an intraday high of Rs. 444.55 and intraday low of 435.05. The net turnover during the day was Rs. 2303982.00.

Source : Equity Bulls

Keywords

NewgenSoftwareTechnologies INE619B01017 Leader TheForresterWave ContentPlatforms Q12023