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CONTENT released online between 1 April 2010 and 24 August 2018 or content that has been selectively archived and is no longer active.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.
 


Published in March 2017 by IDC Research, Inc., this new research by Sr. Research Analyst (eDiscovery and Information Governance) Angela Gelnaw provides an assessment of where the eDiscovery services market is going, how major eDiscovery service providers compare to each other, and what criteria are considered most important for companies to consider when evaluating and selecting a vendor.

In highlighting the research, Gelnaw noted, “Growth in the overall eDiscovery market is now being driven by eDiscovery services. As litigation becomes increasingly more global and complex and regulatory oversight tightens, these services are becoming integral to corporate legal and compliance strategies. It is critical in today’s marketplace that organizations have strong relationships with trusted partners that can help them prepare for and manage the eDiscovery process in a manner that is defensible, efficient, and cost-effective. This IDC MarketScape provides guidance for any organization that is looking for a strategic partner in the eDiscovery services market.”

Available for purchase from the IDC website for $15,000, the 18-page report consists of the following tables and figures:

  • Table: Key Strategy Measures for Success: Worldwide eDiscovery Service Vendors
  • Table: Measures for Success Worldwide eDiscovery Service Vendors
  • Figure: IDC MarketScape Worldwide Vendor Assessment

The report also provides summary profiles including strengths and challenges for the following nine eDiscovery service vendors:

For vendors to be considered for inclusion in the study, they had to meet the following criteria:

  • Vendors must have earned a minimum of US$80 million from discrete annual eDiscovery services worldwide in 2015.
  • Vendors must have the ability to support client requests in all three of the major geographic regions as of calendar year-end 2015. The major worldwide geographic regions include the Americas, EMEA, and APAC.
  • Vendors must have the ability to support client requests spanning both sides of the Electronic Discovery Reference Model (EDRM) with revenue being generated from services related to both early case assessment (ECA) and review activities.

Details on the new report can be found on the IDC website.

Source: Gelnaw, A. (2017). IDC MarketScape: Worldwide eDiscovery Services 2017 Vendor Assessment – US42255117. Retrieved from IDC Research, Inc. website: https://www.idc.com/getdoc.jsp?containerId=US42255117

Additional Reading: An eDiscovery Market Size Mashup: 2016-2021 Worldwide Software and Services Overview

 

 

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.