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The eDiscovery market is in a bubble. Customers are about to be left "holding the bag"if they don't manage their vendors correctly. How did we get here and what can be done about it?
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eDiscovery is Dead!
Long Live eDiscovery!
The Lorenzi Group
(c)2012 All Rights Reserved The Lorenzi Group
(c)2012 All Rights Reserved TheLorenzi Group
eDiscovery ThenMaking electronic data available and
accessible for fairness in litigation
Reviewing electronic documents to help prove a point in a legal matter
Examples: An email was sent A website hosted porn A document existed
(c)2012 All Rights Reserved TheLorenzi Group
eDiscovery TodayMaking electronic data inaccessible and
unavailable in litigation, by driving costs up, to gain an advantage
Reviewing electronic data to prove something may have been tampered with
Examples: Explaining away an email Exploiting the lack of understanding of viruses and
malware Insinuating that an innocent user had mal-intent Inundating opposing counsel with needless data
(c)2012 All Rights Reserved TheLorenzi Group
The Cost of eDiscovery
2002
2012
(c)2012 All Rights Reserved TheLorenzi Group
Where is eDiscovery Today
? ?
??
?
?
?
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(c)2012 All Rights Reserved TheLorenzi Group
Oh-oh… Why a Bubble? eDiscovery costs are too high, they are no longer
sustainable eDiscovery companies are being over-valued and
bought up (see HP acquisition of Automony) There are a LOT of TERRIBLE (they can’t even
be classified as bad) players in the market Buyers are still VERY uneducated in this
space – even after 10 years The eDiscovery market has been “exploding” for 10
years Vendors are not finding ways to reduce costs, they
are looking for ways to shift costs, while increasing them
(c)2012 All Rights Reserved TheLorenzi Group
So, what’s next? Real-time Preservation is the rule
Companies stuck with high-cost, legacy technology
eDiscovery vendor collapse
US R&D, Sales, M&A lags due to lack of funding (spent on unnecessary eDiscovery technology)
Security Analytics & Data Analytics vendor explosion
(c)2012 All Rights Reserved TheLorenzi Group
What can companies do?
Implement Continuous Monitoring solutions like Lorenzi ROAR
Utilize mutually beneficial cost management plans for eDiscovery like
Lorenzi SHIELD
(c)2012 All Rights Reserved TheLorenzi Group
Questions?
Robert Fitzgerald
The Lorenzi Group866-632-9880
