From Sunil Pandita, Vice President, Sales (India) of Newgen Software Technologies
In 2023, we witnessed a shift in the technological landscape, with the rise of advancements such as GenAI. According to estimates from McKinsey, the widespread adoption of GenAI could contribute an impressive $2.6 trillion to $4.4 trillion annually to the global economy by 2040. As a software product organization, this year has been a resounding success for us, with significant achievements and milestones. We achieved a market capitalization milestone of $1 billion this year, along with being recognized as a strong performer in digital process automation platforms by Gartner. Our latest endeavour, NewgenONE Marvin powered by GenAI, is an all-in-one solution for businesses seeking innovation, efficiency, and global adaptability. Furthermore, our impact extended globally as we collaborated with major banks in India and the United States, streamlining their business processes. We believe that the future is bright, and Newgen is ready to be at the forefront of the next chapter of its unparalleled success story.
Wishing you a New Year filled with the promise of exciting tech developments and transformative innovations. Here’s to a great year with limitless possibilities in the tech space.
