Newgen Software, a global provider of low-code digital transformation platforms based in Hyderabad, India, has announced that it has established a new office in Riyadh (KSA) to expand its presence in the Middle East. This new regional office is an addition to the company’s existing Dubai (UAE) subsidiary.
Newgen is now present across 74 countries and has built applications for 17 different verticals on its platform. Newgen is present through its subsidiaries in the US, Canada, the UK, Australia, Singapore, the UAE, and KSA.
With a revenue of $ 121 million in FY 2023, the company has been a preferred partner for some of the world’s leading banks, insurance companies, healthcare organizations, government, telecom companies, and shared service centres.
Virender Jeet, CEO of Newgen Software said that their primary focus is on emerging markets, which offer several opportunities for our business to grow, and we are keen on strengthening our digital presence in these markets.
“Saudi Arabia is a key area that has great potential for Newgen. Our aim is to promote the best of local talent and contribute to the growth story of the Kingdom’s economy,” said Vivek Bhatnagar, Vice President, Sales (EMEA).
Globally, successful enterprises rely on Newgen’s industry-recognised low-code application platform to develop and deploy complex, content-driven, and customer-engaging business applications on the cloud. NewgenONE powers end-to-end automation at an enterprise scale as it comes armed with a native low code approach across the board – processes, content, communication, or even AI.
It embeds content in applications, enabling real-time access to all information across the enterprise, no matter how distributed. With NewgenONE, you can close real-time transactions by intelligently processing incoming documents and information, further boosted by AI-driven automated routing and business rules, the company said in a release.
About Newgen Software
Newgen is the leading provider of a unified digital transformation platform with native process automation, content services, communication management, and AI/ML 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.