Press Release

Newgen Software Celebrates 30 Years of Global Enterprise Product Journey

Unveils New Logo Epitomizing Agility and Progress

 

Newgen Software, a global provider of digital transformation platform, has successfully completed 30 years of digitalizing enterprises with its native process automation, content services, and communication management capabilities. With its cutting-edge products, Newgen has emerged as the preferred technology partner for digital transformation initiatives globally.

 

Newgen today enables customers across 72 countries from multiple industries, including banking, insurance, government, shared services, healthcare, and energy & utilities. It has filed for 44 patents, out of which 23 have been granted in India and the US. Annually, Newgen invests 9-10% of its revenue on research and development and for building deep-domain expertise. With 3,000+ strong workforce, Newgen enables enterprises globally by unlocking simplicity for all levels of business complexities.

 

Talking about the completion of 30 years, Diwakar Nigam – Founder and CMD, Newgen Software, said, “From the very outset, we had a goal of being a leading global software product company. Our vision of ‘One World, One Workplace,’ drove our product investments towards digitizing physical documents,

automating process flows, and enabling secure, remote access to information. This journey would not have been possible without our customers who trusted us, industry analysts who recognized our products, and partners who invested in us. Also, I would like to thank our employees who supported us at every step of the way and went above and beyond to serve our customers.”

 

“With enterprises across industries rapidly embracing technology, digital transformation is no longer just a buzzword. As per Gartner, the low code application market is estimated to reach US$29 billion by 2025, of which about US$14.3 billion for low code application platforms, US$4 billion for multi-experience development platforms, and US$3.7 billion is for intelligent business process management suites. We, with our low code digital transformation platform and cutting-edge technologies, are set to capitalize this massive opportunity. Also, with our recent acquisition of Number Theory, we have further strengthened our platform and are well-positioned to deliver cloud-native AI/ML capabilities to every enterprise,” said Virender Jeet, CEO, Newgen Software.

 

In addition, Newgen also refreshed its brand identity after three decades by unveiling a new logo that epitomizes agility, connect, and transformation.

 

“As an organization that believes in innovation, agility, and progress, we decided to give our logo a makeover to keep up with the modern times. Our new brand identity reiterates our position as a trusted digital transformation platform provider and depicts customer-centricity, friendliness, and dynamism,” Jeet added.

 

Diwakar Nigam
Chairman and Managing Director

Diwakar Nigam co-founded Newgen in 1992. He is also a founding member of NASSCOM, India’s apex IT industry association, and was a member of NASSCOM’s Anti-Piracy Task Group. Diwakar has served on Newgen’s Board of Directors since 1993 and has more than 35 years of experience in the IT industry. Before Newgen, he founded Softek and was associated with the company for 12 years. He is an alumnus of the University of Allahabad, IIT Delhi, and IIT Madras.

 

Virender Jeet
CEO

Virender Jeet has been associated with Newgen since its inception and manages the overall strategic and operational functions for the company’s entire portfolio of offerings. He oversees product development, global sales and marketing, and business enablement. He has spearheaded the filing of various patents in India and the U.S. He holds a Bachelor’s degree in Engineering from Savitribai Phule, Pune University.

Dr. S. J. Raj
SVP, HR and Operations

Dr. Raj has been associated with Newgen for over 25 years and manages the company’s human resources (HR) strategy, global operations, and programs aligned with HR strategy. Before joining Newgen, he worked with Eicher Goodearth, SRF Nippondenso, PCS Data Products, and Semiconductor Complex Limited. He holds an M.A., with a specialization in social work, from Jamia Millia Islamia University and a Ph.D. from Chandigarh University.

 

Tarun Nandwani
COO

Tarun Nandwani has been associated with Newgen since 1993 and manages the company’s existing customer and commercial business areas. He is responsible for customer relationship management, commercial activities, contract management, new solution and application development, and driving business from existing customers. He holds a Bachelor’s degree in Engineering from Delhi University.

Arvind Jha
SVP, Software Development

Arvind has been associated with Newgen since November 2020 and is responsible for product development at Newgen. He is recognized by the Indian tech community as an innovator and community builder. He has over three decades of experience in software development and engineering and driving business model transformation strategies for Global and Indian start-ups. Before joining Newgen, Arvind held the position of CEO at Pariksha Labs and led product development teams at Polaroid, Adobe, Monsoon Multimedia, and Movico Technologies. Arvind holds a Bachelor’s degree in Computer Science from IIT Kharagpur.

 

Hemant Makhija
Global Head of Marketing

Hemant Makhija acts as Newgen’s global head of marketing and has over 27 years of experience leading product strategy, management, and marketing teams for various enterprise software companies in India, the UAE, and the U.S. Before joining Newgen, Hemant worked with organizations including Sage, Yahoo, and Plex Systems. He holds a Master’s in Marketing Management from Saint Mary’s College in Moraga, CA and a Bachelor’s degree in Engineering from Devi Ahilya University.

 

About Newgen Software Technologies Limited

Newgen is the leading provider of a 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.

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