Newgen Software, a provider of intelligent enterprise orchestration, has signed a Memorandum of Understanding (MoU) with the Asian Institute of Digital Finance (AIDF) at the National University of Singapore, the company announced in Singapore on Nov. 10, 2026.

The agreement covers research, innovation, talent development and industry engagement in Artificial Intelligence, with a focus on enterprise AI innovation.

Pramod Kumar, Chief Growth Officer at Newgen Software, and Professor Huang Ke Wei, Executive Director of AIDF, took part in the MoU signing.

Combining Research and Enterprise Expertise

Newgen framed the partnership as a milestone in its AI innovation journey and a reinforcement of its commitment to advancing enterprise-ready AI.

The company said the collaboration brings together AIDF's research expertise, startup ecosystem and education capabilities with Newgen's enterprise technology, product engineering expertise and industry experience. The stated aim is to accelerate the translation of research into practical enterprise applications, technology solutions and real-world industry use cases.

According to Newgen, the partnership is designed to help bridge the gap between cutting-edge research and real-world business applications, enabling organizations to unlock measurable value from emerging technologies. The company said organizations are increasingly seeking to harness AI to drive innovation, improve operational efficiency and enhance decision-making, and that the partnership will focus on fostering practical AI innovation for enterprise and financial services environments.

Areas of Collaboration Under the MoU

Under the agreement, Newgen and AIDF will collaborate across several strategic areas:

  • Joint research and development initiatives in areas of mutual interest
  • Translating research outcomes into enterprise-grade technologies, solutions and industry use cases
  • Engaging startups, industry partners, regulators and ecosystem stakeholders through innovation-led initiatives
  • Supporting capability building, education, professional development and knowledge-sharing programs
  • Exploring additional areas of cooperation that advance AI innovation and industry transformation

Newgen said the partnership creates opportunities for deeper engagement between academia, industry, startups and ecosystem stakeholders. Through collaborative initiatives and knowledge-sharing programs, the two organizations aim to strengthen innovation ecosystems, support capability building and contribute to developing future-ready AI talent.

The collaboration is expected to facilitate the exchange of insights and exploration of emerging AI technologies that can help enterprises orchestrate processes, content, communications and information more effectively. Newgen said these efforts align with its vision of helping organizations drive digital transformation through the NewgenONE Intelligent Enterprise Orchestration Platform, which it says brings together content, processes, communications and AI to help organizations operate with greater agility and intelligence.

What the Signatories Said

Pramod Kumar, CGO at Newgen Software, said: "The future of AI will not be defined by algorithms alone, but by how effectively cutting-edge research is translated into real-world outcomes. Our collaboration with AIDF brings together two complementary strengths: world-class research and deep enterprise expertise. This partnership reflects Newgen's commitment to staying Ahead of What's Ahead while helping organizations become truly intelligent enterprises."

Professor Huang Ke Wei, Executive Director of AIDF, said: "The partnership with Newgen presents an exciting opportunity to strengthen the connection between academic research and industry application. The collaboration will help to advance research, innovation, talent development, and industry engagement in Artificial Intelligence, with a focus on enterprise and financial services applications."

Balaji Chikrale, APAC Business Head at Newgen, said the collaboration with AIDF can contribute to Singapore's digital economy by nurturing local talent, creating meaningful opportunities, strengthening industry–academia collaboration and accelerating innovation in AI and emerging technologies.

Newgen said the partnership will focus on fostering innovation at the intersection of research, technology and business, while nurturing future talent and contributing to the broader AI ecosystem.

About the Organizations

Newgen describes the NewgenONE Platform as unifying content, processes and communications into an orchestration layer where intelligence is embedded into how enterprises operate, with trust, governance and control built in.

The Asian Institute of Digital Finance is a university-level institute at the National University of Singapore, jointly founded by the Monetary Authority of Singapore, the National Research Foundation and NUS. AIDF describes itself as a thought leader, a FinTech knowledge hub and an experimental site for developing digital financial technologies, as well as for nurturing current and future FinTech researchers and practitioners in Asia.