Newgen: A 5-Time Gartner MQ Leader in Enterprise Low-code

Newgen Software, a global leader in AI-driven automation solutions, has earned a prestigious position in the 2024 Gartner Magic Quadrant for Enterprise Low-Code Application Platforms (LCAP). The recognition highlights the impact of its digital transformation platform, NewgenONE, in automating processes at scale. This achievement marks the fifth consecutive year that Newgen has been acknowledged in this report, underscoring its consistent contribution to the low-code application platform market.

Gartner's Evaluation of Low-Code Platforms

The Gartner report evaluated 13 different low-code application platform providers, examining their effectiveness in enabling business application delivery across various industries and use cases. According to Gartner, “The enterprise LCAPs included in this research demonstrate successful adoption for business application delivery in all use cases and every business vertical.” This acknowledgement speaks to the adaptability and broad application of the selected platforms across numerous sectors.

Focus on Key Industries and Advanced Document Management

Newgen’s offerings are designed with a focus on large and mid-sized enterprises, particularly in sectors such as banking, insurance, government, and healthcare. With its deep-rooted expertise, Newgen provides powerful tools for Intelligent Document Processing and document management. Newgen continues to enhance these capabilities by incorporating advanced OCR (Optical Character Recognition) and NLP (Natural Language Processing) technologies, leveraging Marvin GenAI tools to refine its document handling and automation processes.

“Being recognised 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.”