Newgen Software Technologies Limited — Updates, 16-05-2025: Press Release

Newgen has announced a board meeting to discuss the financial results for the quarter and half-year. The company secured an Indian patent for a novel data compression system that improves storage efficiency and accelerates processing of structured documents using advanced video compression techniques. This innovation enhances Newgen’s position in AI-driven digital transformation, potentially lowering costs for clients managing large structured data sets and reinforcing its leadership in low-code platforms for enterprise content and process automation.