Newgen Software Technologies Ltd., a global leader in digital transformation solutions, has secured a significant milestone with the grant of a new patent by the Indian Patent Office. The patent, titled “System and Method for Data Compression” (Patent No. 565385), has been awarded for a 20-year term beginning April 26, 2017, under the provisions of the Indian Patents Act, 1970.
This latest patent highlights Newgen’s commitment to continuous innovation in the field of enterprise software and data management. The patented system introduces a novel approach to data compression, specifically designed to efficiently manage large volumes of files that contain mostly repetitive content with only small portions of variable data. Such data patterns are common in sectors like finance, healthcare, and government operations where document generation is highly templated.
Addressing Limitations of Traditional Techniques
Traditional data compression algorithms often struggle with files that, while large, differ only slightly from one another. These conventional methods may fail to deliver meaningful storage reductions or may compromise processing speed in such use cases. Newgen’s patented solution seeks to overcome these challenges by employing a more intelligent and adaptive method that focuses on identifying and compressing recurring content while effectively managing the dynamic parts of the data.
According to Newgen, the invention not only enhances compression ratios but also boosts the overall performance of data handling systems. By significantly reducing storage requirements and improving the efficiency of data transmission and retrieval, the technology has the potential to deliver substantial cost and resource savings for organizations managing extensive digital archives.
A Step Forward in Enterprise Efficiency
Speaking on the development, a Newgen spokesperson stated, “This patent is a testament to our continuous efforts to push the boundaries of enterprise innovation. Efficient data compression is critical in today’s digital landscape where businesses deal with massive volumes of structured and unstructured information. Our solution provides a smarter alternative to conventional techniques and can be a game-changer for industries dealing with high-volume, low-variance data.”
Newgen Software has a strong track record of investing in research and development, with a growing portfolio of patents that span process automation, document management, and AI-driven analytics. The newly patented data compression system is expected to be integrated into its existing platforms and may also be offered as a standalone solution for enterprises looking to optimize their data infrastructure.
About Newgen Software
Headquartered in New Delhi, Newgen Software is a global provider of low-code digital automation platforms that drive smarter processes and simpler customer journeys. The company’s solutions are widely used across banking, insurance, healthcare, government, and other sectors to automate complex business processes and enhance digital experiences.