Taken from a combination of public market sizing estimations as shared in leading electronic discovery reports, publications and posts over time, the following eDiscovery Market Size Mashup shares general worldwide market sizing considerations for services in the electronic discovery market for the years between 2014 and 2019.
As part of the eDiscovery process, legal professionals typically use a combination of talent, technology, and techniques to do tasks ranging from preservation to production of electronically stored information. Many of the most often used technologies in this process come in the form of eDiscovery software.
Taken from a combination of public market sizing estimations as shared in leading electronic discovery reports, publications and posts over time, the following eDiscovery Market Size Mashup shares general worldwide market sizing considerations for software in the electronic discovery market for the years between 2014 and 2019.
Emerging technologies often represent new and innovative approaches to solving difficult problems. They also may have a significantly positive impact on the time, money, and resources required to complete previously daunting tasks. Yet until emerging technologies are effectively commercialized, they may offer users as much peril as promise.
This week our cartoon and clip provides one tried and true marketing planning technique (cartoon), and shares salient considerations for properly aligning marketing strategy, operations, and tactics (clip).
Daily we read, see, and hear more and more about the tension corporate legal departments face as they decide how to source technology and talent for their eDiscovery efforts. Balancing cost, time, and complexity is a continual challenge and what is the right balance today may be out of balance tomorrow. This week our cartoon and clip provides one look at the impact of technology on outsourcing (cartoon), and shares considerations for right sourcing eDiscovery (clip).
Daily we read, see, and hear more and more about how technology is changing the game of document classification and revolutionizing document review. While there may be evidence that new data governance and discovery technologies can absolutely change current approaches to document classification and review, it is important to remember that technology is only as good as its ability to be delivered, managed, and supported by vendors and integrators.
While some may dispute the existence of unstructured data, definitions for the term “unstructured data” do exist. This week our cartoon and clip provides a quick look at how people convey meaning in different ways (cartoon) and provides a short list of definitions for the term “unstructured data” (clip).
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.
With the growing use of predictive coding in the legal arena today, it appears that it is increasingly more important for eDiscovery professionals to have a general understanding of the potential algorithm approaches that may be implemented by eDiscovery providers to enable predictive coding.
Provided is a short list of 30+ 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?
Since its 2007 introduction, kCura’s Relativity product has become one of the world’s leading attorney review platforms. One of the elements of Relativity’s strong growth and marketplace acceptance has been kCura’s focus on and support of partnerships. Provided as a by-product of review platform research and presented in the form of a simple and sortable table is an aggregation of kCura Premium Hosting Partners and Consulting Partners.
With a desire to increase the understanding of those considering engaging with eDiscovery vendors, provided is a simple subjective analysis of the operational center of gravity for approximately 130 providers.
Based on a compilation of research from analyst firms and industry expert reports in the information governance arena, the following short list of enablers highlights companies and firms that may be useful in the consideration of information governance products and services.
Good vendors share what they know they see. Great vendors share what they may not see so you can make informed decisions as to risk and exposure.
Designed to provide a salient starting point for individuals seeking information related to the field of eDiscovery, this abridged overview of eDiscovery resources provides readers with a non-comprehensive listing of key industry informational resources.
Balancing the business drivers of cost, time, and complexity in the conduct of electronic discovery continues to be one of the greatest challenges faced by electronic discovery practitioners today.
Provided as a non-comprehensive overview of over 100 key and publicly announced eDiscovery related mergers, acquisitions and investments since 2001, the following listing highlights key industry activities through the lens of announcement date, acquired company, acquiring or investing company and acquisition amount (if known).
Taken from a combination of public market sizing estimations as shared in leading electronic discovery reports, publications and posts over time, the following eDiscovery Market Size Mashup shares general worldwide market sizing considerations for both the software and service areas of the electronic discovery market for the years between 2012 and 2017.
The gathering and use of information to help achieve personal and professional objectives has been a task executed by individuals and organizations from the beginning of time. However, with the advent of tools and technologies that can greatly accelerate this gathering and use of information, it is increasingly important that one considers not only the positive things that can be accomplished from the greater understanding derived from increased information access, but also considers the potential dark side usage of this increased information access.