Fri. Apr 19th, 2024
ARCHIVED CONTENT
You are viewing ARCHIVED CONTENT released online between 1 April 2010 and 24 August 2018 or content that has been selectively archived and is no longer active. Content in this archive is NOT UPDATED, and links may not function.
 


Extract from article by Trudy Knockless published in Legaltech News

As litigation increases, and e-discovery technology improves and becomes more integrated into the legal world, the e-discovery market will continue to grow exponentially. A recent report titled “E-discovery Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2022” revealed that the global e-discovery market is exhibiting a 16.2 percent compound annual growth rate (CAGR) between 2014 and 2022.

The report, released by Transparency Market Research, said the market is expected to grow from US$5.5 million in 2013 to $21.89 million by 2022. Growing data volumes create challenges for legal and IT departments in efficiently handling and managing data for use in investigations, creating the need for e-discovery software and services within organizations of all sizes.

Read the original article at ESI and Social Media Drives Growth of E-Discovery Market: Survey

 

Have a Request?

If you have information or offering requests that you would like to ask us about, please let us know, and we will make our response to you a priority.

ComplexDiscovery OÜ is a highly recognized digital publication focused on providing detailed insights into the fields of cybersecurity, information governance, and eDiscovery. Based in Estonia, a hub for digital innovation, ComplexDiscovery OÜ upholds rigorous standards in journalistic integrity, delivering nuanced analyses of global trends, technology advancements, and the eDiscovery sector. The publication expertly connects intricate legal technology issues with the broader narrative of international business and current events, offering its readership invaluable insights for informed decision-making.

For the latest in law, technology, and business, visit ComplexDiscovery.com.

 

Generative Artificial Intelligence and Large Language Model Use

ComplexDiscovery OÜ recognizes the value of GAI and LLM tools in streamlining content creation processes and enhancing the overall quality of its research, writing, and editing efforts. To this end, ComplexDiscovery OÜ regularly employs GAI tools, including ChatGPT, Claude, Midjourney, and DALL-E, to assist, augment, and accelerate the development and publication of both new and revised content in posts and pages published (initiated in late 2022).

ComplexDiscovery also provides a ChatGPT-powered AI article assistant for its users. This feature leverages LLM capabilities to generate relevant and valuable insights related to specific page and post content published on ComplexDiscovery.com. By offering this AI-driven service, ComplexDiscovery OÜ aims to create a more interactive and engaging experience for its users, while highlighting the importance of responsible and ethical use of GAI and LLM technologies.