Tuesday, January 29, 2008
Recommind and iCONECT Partner to Create Document Review and Analysis Platform
iCONECT will utilize the rich data about people, documents, concepts and phrases that is automatically generated by Axcelerate eDiscovery throughout the nXT EDD platform, greatly extending the utility of this data throughout the review process. Among other benefits, Axcelerate eDiscovery provides unique, language-agnostic tools like conceptual search, First Pass Review(TM) and One Click Coding(TM) functionality to greatly expedite document review, thereby lowering eDiscovery costs while simultaneously improving reviewer accuracy.
"With the vast amount of data being processed, document databases will continue to increase in size. Firms need products that will allow their teams to review, analyze, code and manage terabytes of data, not just gigabytes. Having the capability to grow with their needs will be crucial," said Ian Campbell, Chief Operating Officer of iCONECT Development, LLC. "This integration provides a robust and scalable end-to-end solution for eDiscovery review."
Applied Discovery and Hudson Legal Announce Joint Offering
Hudson Legal is already recognized as a leading provider of end-to-end project solutions with its Discovery Solutions suite of services, including the Managed Solutions offering that assembles a top-notch review team to manage part or all aspects of the discovery cycle. This joint service offering enables the Hudson contract teams another opportunity to maximize efficiency by leveraging the Applied Discovery industry-leading processing capacity, short turn-around time, and easy-to-use interface.
"According to the fifth-annual Socha-Gelbmann survey, the total spend on electronic discovery in 2008 is projected to be more than $3.3 billion and could grow to as much as $4 billion by 2009," says Jon Resnick, Applied Discovery vice president of sales and field operations. "With staggering figures like these, it is crucial for corporations and law firms to aggressively pursue cost-controlling measures.
Leveraging buying power with this packaged offering that consolidates pricing from two of the leading providers in our respective fields is a critical first step."
"On top of efficiency, both accuracy and project management are paramount to the success of any discovery project," said Marc Zamsky, executive vice president, Hudson Legal. "Our collaborative offering with Applied Discovery affords Hudson Legal another chance to reduce clients' discovery spend and better manage litigation through our complete suite of litigation support services."
Thursday, January 24, 2008
Attenex and PSS Systems Announce E-Discovery Alliance
The joint solution provides corporate legal departments with a greater amount of transparency into the complex e-discovery process, including:
- End-to-end software tools for managing the e-discovery process from triggering event through review
- Document-level visibility and tracking from custodian collection to review and coding
- Reports that aggregate matter data from scope of hold to document production
- Tools and information that help corporate legal departments better estimate costs, reduce data volume and track custodian metrics
"PSS Systems and Attenex have proven track records of success helping Fortune 500 customers more defensibly and efficiently manage discrete steps in the e-discovery process," said Steve Wampler, group product manager for Attenex. "This partnership enables corporate legal and IT departments to administer a comprehensive solution that combines our leading e-discovery platform for processing, analysis and review with PSS Systems' market-leading software application for legal holds management."
Friday, January 18, 2008
Pitney Bowes Launches Litigation and Document Services Offering
Dave Hutchinson, president, Pitney Bowes Legal Solutions (PBLS) noted that there are two key trends impacting electronic discovery. “First, as corporations transform more of their documents from physical to digital, this will generate growth in eDiscovery. Also, the Federal Rules of Civil Procedure will have a profound impact on eDiscovery in both the short and long term. As an industry leader with hundreds of patented products, industry experts on staff, and extensive project management expertise, our Litigation and Document Services offering will help our customers better adapt to and thrive in the new eDiscovery landscape.”
ONSITE3 Launches Intelligent Collections Service for eDiscovery, Expands Partnership With Deepdive Technologies
"ONSITE3's new Intelligent Collections service demonstrates our dedication to providing clients with the best eDiscovery tools and technologies available from across the industry," said Robert Ballou, chief executive officer, ONSITE3. "When combined with our traditional forensic collection services for near-line and offline data sources, ONSITE3 can provide clients with one of the fastest, most complete, and lowest cost data collection solutions available in the industry."
Thursday, January 17, 2008
AXS-One Announces New Division, Major Reseller Agreements
While AXS-One has long partnered with leading hosting and managed services providers to offer such services, today's announcements effectively propel the company and its solutions into the forefront of the hosting market with a unique combination of innovative technology, market-leading services and brand-name reliability. The agreements come at a time when growth in the market for hosted electronic records management is accelerating. According to research firm IDC, the market for hosted services associated with e-mail archiving alone will reach a CAGR of more than 22% through 2010.
Wednesday, January 16, 2008
Merger & Acquisition Trends in the BPO and Litigation Support Markets
ATLANTA, September 1, 2007 – Business process outsourcing (“BPO”), or the use of external providers to deliver some portion of a company’s typically non-core business functions, has continually been heralded as an industry of significant growth and growth potential. The statistics from the first half of 2007 and current market forecasts support the industry’s reputation. The market research firm Gartner estimates that BPO was a $128.8 billion dollar market in 2005 and will become a $191.3 billion dollar market by 2010, generating a compound annual growth rate, (“CAGR”), of 8.2% over the period. The value of global BPO contracts rose 9% in the first half of 2007, and the global demand for outsourcing rose 37% over the second quarter alone, according to BPO research firm NelsonHall and BPO provider EquaTerra.
There are several factors driving the increased acceptance and use of outsourcing. The historical driver of outsourcing has been the desire of companies to utilize BPO firms to reduce costs through synergies, efficiencies and best practices by delivering services across a large customer base. In doing so, a company avoids the management headaches and investment dollars necessary to perform a function internally that can be better performed by someone whose business is focused on delivering the same service.
Tuesday, January 15, 2008
Deloitte Financial Advisory Services Acquires Barrasso Consulting
This strategic acquisition expands Deloitte FAS' existing suite of services offered to companies and counsel related to disputes and investigations. As a result of this transaction, Deloitte FAS completes the continuum of services that it already offers: from discovery (including all aspects of electronic discovery), to document review, through complex forensic investigations and analyses, to final deliverables.
Based in Westfield, N.J., Barrasso Consulting was founded in 1989 by Diane Barrasso. The firm specializes in electronic and hard copy data collection and document review, which allows companies to organize files and respond more quickly and efficiently in the event of litigation.
Monday, January 14, 2008
eMag Solutions Acquires ITC
ITC is Microsoft Gold Certified and has earned the ISV competency for Clean Shutdown. The professional staff at ITC also holds MCPS, MCNPS, MCSA and MCSAM Microsoft Certifications.
The developing demand for complete and accurate e-mail and server recovery as part of the litigation discovery process prompted eMag's expansion of their data restoration services offering. eMag's clients now have direct access to the specialized expertise that few electronic discovery service providers are able to deliver.
Wednesday, January 09, 2008
Syngence Corporation Announces Partnership With Encore Legal Solutions
"Our ability to provide knowledge-based electronic discovery services to a growing number of legal markets, coupled with Syngence's innovative and powerful technology, will allow us to offer our clients cost-effective, customized solutions," said Encore's chief executive officer Greg Mazares.
The announcement comes just ahead of Syngence's planned release of its latest solution, SynthetixND(TM), which identifies and groups similar documents known as near duplicates -- reducing review time while increasing the accuracy of privilege or responsiveness reviews.
Autonomy's blazing sales start to the year
Adobe has signed an OEM deal with Autonomy. Here Adobe customers use its products to create and distribute unstructured content. Now Adobe will provide products based on Autonomy's IDOL so that customers can manage that content in e-discovery and compliance terms.
EMC has also signed an OEM deal with Autonomy. The technology involved has not been specified.
Oracle too has signed a new OEM licensing agreement for some of Autonomy's e-discovery, document management and compliance software. It signed a previous deal in April, 2007, before Autonomy bought Zantaz. That deal referred to the integration of Autonomy's IDOL (Intelligent Data Operating Layer) into Oracle's products. The new deal follows on from the Zantaz purchase and the introduction of e-discovery and Desktop Legal Hold products into Autonomy's product range.
Huron Consulting Group Announces V3locity(TM)
“For law firms and the office of general counsels, e-discovery has become a trying and inefficientprocess. Legal departments often face unpredictable costs, rely on multiple vendors and can waitmonths before seeing results,” said Gary E. Holdren, chairman and chief executive officer, HuronConsulting Group. “Our new V3locity solution offers clients unmatched value, not just in cost savingsbut in overall service, quality and accuracy. V3locity gives our clients a competitive advantage inlitigation matters, investigations and second request/regulatory reviews.”
Tuesday, January 08, 2008
Microsoft to buy Fast Search for $1.2 billion
FAST's OEM partners include Arkivio Inc., Hitachi Data Systems (HDS), CA Inc., EMC Corp., CommVault Systems Inc., Mimosa Systems Inc. and Permabit Inc. These storage vendors rely on FAST to provide search capabilities for their archive and e-discovery products.
Microsoft officials said FAST will be added to SharePoint Server, but didn't give any other details about what's planned for the search engine. Analyst Arun Taneja of the Taneja Group said if Microsoft integrates search and indexing into applications, such as Exchange, it could take some of the data management burden out of the hands of storage administrators. It would also keep archiving vendors from having to build search engines.
"Archiving is a lot more than search," Taneja said. "That's why most of the archiving and e-discovery companies today get this IP from FAST in the first place -- it's not core to their business."
