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- Information processing is gaining momentum in a number of industries around the world, including oil and gas sector.
- Vendors increased adoption of artificial intelligence and big data analytics is likely to lead to the growth of the global oil & gas data management market.
ALBANY, N.Y., April 8, 2021 /PRNewswire/ In today s world, digital data is rising at an unprecedented rate. The emergence of the Internet of Things (IoT) is producing massive amounts of digital data at an exponential pace. In the last few years, the data universe has expanded tremendously. In reality, more than 80% to 90% of the total digital data on the market today was generated in the last couple of years. With the increase in data, the number of incidences of data infringements has also increased. Data management software for oil and gas companies is a type of sophisticated software that helps them monitor and safeguard their data. These companies ventures are complicated in terms of activities,
Newgen Secures Patent from USPTO for Image Processing System and Method
Patent to further strengthen Newgen s content services platform capabilities in image processing
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MCLEAN, Va., April 8, 2021 /PRNewswire/ Newgen Software, a global provider of low code digital automation platform, is pleased to announce that the United States Patent and Trademark Office (USPTO) has granted a patent (No. 10,909,406) for an invention titled Image Processing System and Method . The patent is for a term of 20 years, commencing from the 7
th day of March 2018.
The invention is an image processing system that can binarize images convert colored and gray images to black and white. Binarization is extensively used to reduce large-size images and facilitate document analysis. This advanced level binarization process will help enterprises in data processing.
Bank Iowa Selects Newgen for Streamlining its Account Opening Process
US-based bank to leverage Newgen s solution for a frictionless customer onboarding experience
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MCLEAN, Va., Feb. 23, 2021 /PRNewswire/ Newgen Software, a global provider of low code digital automation platform, announced that Bank Iowa has selected Newgen to digitize its account opening process.
Bank Iowa is looking to leverage Newgen s online account opening software to enable omnichannel onboarding, augmenting both online and in-branch channels, and intuitively guiding customers through the process for a delightful experience.
Bank Iowa
With Newgen s solution, built on a low code platform, the bank can accelerate customer acquisition, reduce abandonment rates, facilitate account maintenance, and rapidly respond to dynamic business needs. Furthermore, the solution seamlessly integrates with third-party systems, enables frictionless processing with us
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MCLEAN, Va., Dec. 17, 2020 /PRNewswire/ Newgen Software Inc., a global provider of low code digital automation platform, announced that Wilson Bank & Trust (WBT) has selected Newgen as a digital transformation partner to assist in automating the bank s deposit account opening and commercial lending processes.
WBT is looking to leverage Newgen s deposit account opening software as an Omnichannel platform, for the mobile, online and branch channels, with a goal to intuitively guide customers through the onboarding process and accelerate customer acquisition, optimize costs, and improve the overall customer experience. Furthermore, with Newgen s commercial loan origination module, the bank can rapidly and efficiently originate, process, disburse, and monitor commercial loans.