Catalyst was named a «visionary» in the report and has been anticipating an exponential increase in
e-discovery data volume for some time now, notes CEO John Tredennick.
Sixty - two percent of participants expect a continued increase in
e-discovery data volumes for the next few years.
Not exact matches
Kris Nimsger, managing director and general manager, litigation solutions, said that the cloud is the more sensible option for
e-discovery, given the enormous
volumes of
data cases can involve and the episodic nature of litigation.
The government vertical is expected to have the largest market share in the global
E-Discovery market in 2016, as this industry essentially stores and deals with large
volumes of critical citizen and commercial
data residing across different agencies.
Despite the advances expected with predictive coding, emerging challenges such as increasing
data volumes, complex
data types such as from social media and the cloud, as well as increasing international discovery demands provided such a counterweight that 47 % of counsel expect
e-discovery costs to increase over the next few years.
As you engage in conversations with your client and opposing counsel, you can connect your knowledge of custodians,
data locations and
volumes, and
data types to known issues in the case to better predict the scope of
e-discovery.
In a recent interview with Christopher DiMarco of Legaltech News, Catalyst founder and CEO John Tredennick responds to this year's Gartner Magic Quadrant for
E-Discovery Software (MQ) report and the increasing volume of data in e
E-Discovery Software (MQ) report and the increasing
volume of
data in
e-discoverye-discovery.
Over the next few years, the
volume of
data will continue to skyrocket, which means
e-discovery tech... >>
A strong preservation process should take into account
e-discovery defensibility as well the need to control
data volumes, support larger company goals (including not disrupting other business processes), and keep legal teams focused on the merits of litigation.
«As
data volumes climb and multi-jurisdictional global matters are increasingly the norm, operational efficiency is an imperative for
e-discovery,» said McCarthy.
True cloud also represents a radical new democratization of
e-discovery: Legal professionals, regardless of their technical skill, can now leverage the full power of the cloud, bringing speed, flexibility, affordability and sustainability to the business challenge of managing exponentially growing
volumes of variable and disparate
data.
One interpretation of publicly available
data predicts that the total worldwide
e-discovery software and services market will top $ 16 billion by 2021, with more than $ 11 billion being spent solely on services, largely due to the rise in the
volume of electronic
data.
If you're here, reading an
e-discovery blog article, chances are we don't have to go through the standard argument about the importance of
e-discovery: The ever - expanding amount of structured and unstructured
data in the world and in business The
volume of civil litigation faced by enterprises in the US and the world The proportion of costs of civil litigation that are tied up in the discovery process These facts roll up into some basic truths about
e-discovery.
You might have heard about how
e-discovery professionals are using supervised machine learning to deal with large
data volumes.
Most
e-discovery products and services were designed with structured information such as e-mail messages in mind, but big
data refers to the mass of unstructured information on social media and within databases that is growing sharply in
volume, variety, and velocity.
(2012), 9 Canadian Journal of Law and Technology 33 at 35: «Indeed, we know that current
e-discovery search methods are not sufficient to overcome the digital tsunami: the most common methods currently used in
e-discovery — keyword searching and linear review — are increasingly ineffective for the massive
volumes of
data that must be sifted through for each case.