Top 20 eDiscovery Technology Solution Companies - 2016
The role of eDiscovery is becoming more vital for organizations today due to the large number of civil cases filed each year. An increasing proportion of electronically stored business records, new statutes on electronic data storage and development of new methodologies are making the discovery and presentation of electronic data more important. In order to meet eDiscovery obligations, organizations must be fully aware of their present and future data retention needs, and adopt suitable technology that will permit easy incorporation of legal rules and minimize the non-compliance risks relating to eDiscovery obligations.
The modern eDiscovery solutions facilitate early case assessment, by filtering and processing enormous data at affordable costs and minimum time to all types of organizations. For an efficient management of eDiscovery process, the Electronic Discovery Reference Model has divided the process into eight sections that include identification, preservation, collection, processing, review, analysis, production and presentation of electronic information so as to obtain the benefits. Based on the nature of the investigation profile, organizations can either insource or outsource the eDiscovery process but outsourcing will be the best choice when cost reduction and profitable outcome are the main concern.
In order to simplify and assist CIOs identify the right eDiscovery solutions providers for their enterprises, CIO Review presents “20 Most Promising eDiscovery Technology Solution Providers 2016.”
A distinguished panel comprising CEOs, CIOs, VCs, analysts, and the CIO Review editorial board has selected the top eDiscovery Solution Providers. In our selection process, we looked at the vendors’ capability to fulfill the need for cost-effective and flexible solutions that add value to the eDiscovery landscape.