Want to avoid gambling the success of your business on a partnership? Then ask these questions before any agreement or renewal of an agreement and let the answers inform your decision to partner or not to partner.
In 2017, the challenge for technology providers in the legal and data discovery spaces appears to be less about defining offering requirements and validating market needs and more about developing and delivering solutions that focus on specific tasks and processes that streamline the discovery of data and the conduct of eDiscovery.
One of the biggest challenges facing information, business, and legal professionals is the ability to cohesively consider the elements of data discovery and legal discovery within a technology framework that is comprehensive enough to address critical discovery tasks throughout information and legal lifecycles yet concise enough to be realistically approached from an automation perspective.
The accelerating growth of cloud-based legal technology usage is driving increased litigator attention on the determination of what constitutes acceptable and defensible data and application security.
The annual LegalTech® gathering in New York continues to be an important ‘validation’ opportunity for participants to both hear and see how others feel about the latest trends and tools in the discipline of discovery.
Hosted by Joe Bartolo of Kiersted Systems and Bradley Schaffel of Wilmer Hale, this latest edition of the ACEDS New York Metro Area podcast series highlights thoughts on eDiscovery with Rob Robinson, managing partner of ComplexDiscovery.
Before organizational leaders begin to apply valuable resources to evaluating the impact of new technology or the value of a new service, it is important they have a feel for the ability of the technology or service to be delivered, managed, and supported over time. Many vendors and integrators champion their ability to solve a problem with a new technology or service but fall short of providing convincing evidence that they can support that problem solving over time and at volume.
Simplistically stated, 2016 appears to be the year where eDiscovery will reach new levels of automation, will increasingly be delivered as a SaaS offering, and will be evaluated by corporations and law firms through the lens of data and application security.
In looking beyond an offering’s general design focus, integration, and automation, it is important to understand specific technology differentiation in order to truly compare offerings.
Though more and more vendors are providing tools and techniques tools that can help in considering and comparing their offerings, there continues to be a need for comparison frameworks to help eDiscovery practitioners systematically evaluate the technology in available offerings.
Provided as a non-comprehensive overview of over key and publicly announced eDiscovery related mergers, acquisitions and investments in 2016, the following listing highlights key industry activities through the lens of announcement date, acquired company, acquiring or investing company and acquisition amount (if known).
Designed with the goal of helping eDiscovery software and service vendors as they seek to align their offerings and messaging with market needs and opportunities, the following baseline considerations for market segmentation may be useful for eDiscovery-related market planning.
Provided below is a short list of planned eDiscovery-related industry events for 2016 The list is non-comprehensive and is based on research and tracking by ComplexDiscovery.
Organizations sourcing technology offerings often selectively neglect to fully investigate a potential provider’s risk in relation to conflicts of interest, financial integrity, and adherence to the law.
Based on a website review of this year’s Inc. 5000, the following list provides a quick, non-all inclusive reference of some of the eDiscovery enablers that have been included in the 2015 list. The sortable list includes the provider’s name, 2015 Inc. 5000 ranking (#), three year revenue growth (%), 2014 revenue ($) and industry categorization.
Although much is written about the awareness and business benefit of social media marketing, little is written about using social media postings to influence the usage of social media by one’s competitors. While not a new concept, counter-marketing with social media does provide companies a unique way to increase mindshare and money share while at the same time attempting to neutralize the impact of competitor social media marketing.
The focus on the technology and talent elements of an information governance vendor’s capability is certainly warranted as these elements ultimately provide the cutting edge for the knife of task execution. However, just as there is much more to the utility of a knife than its edge (especially if you want to use it more than once), there are additional areas worthy of consideration in vendor selection if one is considering the long term strategic utility and viability of a vendor.
Provided is a short list of 50+ investment organizations that have funded eDiscovery-related companies between 2009 and today. The list is non-comprehensive and is based on industry mergers, acquisitions and investment tracking by ComplexDiscovery.
As lawyers, we hear a lot about the technological advances in e-discovery and information governance. How do you describe the current state of e-discovery from an opportunity and growth perspective, and how does this market opportunity impact the pulse rate of mergers, acquisitions, and investments? For lawyers purchasing e-discovery packages, there are several types of vendors and pricing models, and they need to be asking the right questions. What does the data governance solution need to do, how much does it cost, what are the time constraints, and how complex is the system?
Published on November 10, 2014, the new Gartner Magic Quadrant for Enterprise Information Archiving (G00262936) provides information technology and business professionals with information and insight into solutions available to meet compliance and eDiscovery challenges while reducing primary storage costs.
Founded in 2004, Equivio has become one of the world’s leading provider of text analysis software for information governance and eDiscovery. Currently they have generated increased interest based on the reported potential acquisition of the company by Microsoft. Provided in this post is a quick reference listing of select technology, governmental and commercial entities that are currently represented as part of Equivio’s installed base or have been mentioned between 2005 and today on the Equivio website in the form of a press release.
Based on a website review of this year’s Inc. 5000, the following list provides a quick, non-all inclusive reference of some of the eDiscovery enablers that have been included in the 2014 list. The sortable list includes the provider’s name, 2014 Inc. 5000 ranking (#), three year revenue growth (%), 2013 revenue ($) and industry categorization.