Muscat, 112,
Oman
Development Bank Oman Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by Development Bank Oman and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 300 Development Bank Oman employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Development Bank Oman has purchased the following applications: NewgenONE Low-Code Application Development for Apps Development in 2023 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Development Bank Oman is running and its propensity to invest more and deepen its relationship with Newgen or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Development Bank Oman revenues, which have grown to $25.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Development Bank Oman intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
PaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
Insight Source |
|---|---|---|---|---|---|---|---|---|---|
| Newgen | Legacy | NewgenONE Low-Code Application Development | Apps Development | PaaS | Ikyam Solutions | 2023 | 2024 | In 2023, Development Bank Oman implemented NewgenONE Low-Code Application Development from Newgen to introduce intelligent process automation and contextual content services across its banking processes. The deployment is categorized under Apps Development and was scoped to support SME financing and create a paperless, more efficient operations environment. The NewgenONE Low-Code Application Development implementation concentrated on BPM and ECM capabilities, with configuration of process orchestration, workflow automation, content lifecycle management, and omnichannel capture. Low code tooling was used to assemble form-based intake, case management workflows, automated routing, and contextual content retrieval to streamline end to end processing. Operational coverage targeted SME lending workflows, back office processing, and compliance functions, consolidating captured content from multiple channels into centralized content services and automated workflows. The project prioritized reducing processing bottlenecks and improving compliance through standardized content lifecycle and approval processes. The rollout was executed with implementation partner Ikyam Solutions and included governance adjustments to enforce content lifecycle policies, audit trails, and workflow approvals for regulatory oversight. Outcomes called out by the bank included achieving paperless processing, improved compliance, and reduced processing bottlenecks. |
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