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Extract from report by Jim Duffy of Blue Hill Research
In response to rapid changes over the last few years, vendors have created tools to provide users with greater control over every step of the eDiscovery process from information governance to final production. One of the biggest drivers among eDiscovery vendors has been to develop tools for the corporate legal department that can integrate with solutions already deployed by human resource or IT departments. As such, legal departments have greater control over the entire eDiscovery process, and can look to reduce legal spend by keeping larger portions of the eDiscovery process.
With the vast number of improved tools on the market and the expanded number of end-to-end solutions available, there is increasing pressure on organizations to invest in new solutions for part or all of the eDiscovery process. While making this determination to invest in a modern eDiscovery solution, it is important for organizations to consider their in-house capabilities, their ability to implement a new solution, and the full range of options available on the market.
The challenge facing eDiscovery solutions vendors moving forward will be to convince the legal market that cloud-based platforms are secure, and that the benefit of adopting and implementing new solutions will outweigh the benefits from continuing to utilize prior investments.
Read the complete article at Reinvesting in the eDiscovery Cycles: Modern eDiscovery Platforms