7 Jan 2022 , 04:40 PM
Newgen Software, a global provider of low code digital transformation platform, has announced that the Indian patent office has granted a patent for its invention entitled “Centralized Controlled Printing and Administration.” This is for a term of 20 years commencing from January 04, 2010, in accordance with the provisions of the Patents Act, 1970.
This invention is for facilitating centrally managed and automated printing which also safeguards document confidentiality.
Apart from the regular mode of printing, it includes pull printing which gives users flexibility to print their documents from anywhere. Furthermore, this has a universal printer driver which removes the dependency on printer-specific drivers.
Further, the printing system also helps in green printing and earning carbon credits while suggesting cost-optimization and paper-saving options, including black and white printing instead of colored, double-sided printing, multiple sheets per page, and single copy printing. Furthermore, it offers an ROI calculator for quantifying benefits and savings while also reporting real time print statistics.
“We are delighted that the Indian patent office has yet again recognized the uniqueness of our technology and granted this patent. This invention will facilitate enterprises with anytime, anywhere, secure printing while enabling integration with existing systems and ensuring adherence to compliance requirements,” said Virender Jeet, CEO, Newgen Software.
Newgen has filed 44 patents till date, out of which 22 have been granted in India and the US. The patents acquired by Newgen further strengthen its leadership in building cutting-edge, industry-specific applications, instrumental in driving digital transformation.
Annually, Newgen invests 9-10% of its revenue on research and development and has a skilled team of about 500 people with deep domain expertise.
Newgen Software ended at Rs613.60 per piece up by Rs16 or 2.68% on the BSE.
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