kroll ontrack launches ediscovery.com
DESCRIPTION
Blue Hill Research dives into Kroll Ontrack's launch of ediscovery.com. Principal analyst David Houlihan explores the current state of ediscovery and explains what you need to know to help your business.TRANSCRIPT
©2014 Blue Hill Research. All Rights Reserved. ©2014 Blue Hill Research. All Rights Reserved.
Kroll Ontrack ediscovery.com Collaboration and Control
David Houlihan, Principal Analyst, Blue Hill Research
©2014 Blue Hill Research. All Rights Reserved.
What You Need To Know
• Kroll Ontrack promotes ediscovery.com with the goal of creating a flexible process that helps control costs.
• Kroll Ontrack positions the launch as the “salesforce.com of ediscovery.”
• Time will tell whether or not ediscovery.com will prove as successful, it represents a serious step towards a mature “solutions-based” approach to the ediscovery market.
On October 28, 2013, Kroll Ontrack launched
ediscovery.comA web-based delivery
platform for its suite of electronic discovery support products.
©2014 Blue Hill Research. All Rights Reserved.
The Current State of Ediscovery
EdiscoveryIn its simplest form, “ediscovery” refers to the collection, review, and production of electronically-stored information in
response to litigation, audits, or investigations
Generally, ediscovery requires organizations to sift through huge reserves of unstructured information to find a limited set of relevant material
• Ediscovery currently costs anywhere from $5,000 to $30,000 per gigabyte
• Discovery tends to be one of the least predicable and most expensive phases of litigation
• Organizations can needlessly add to costs by ‘starting fresh,’ as opposed to leveraging previous ediscovery efforts
With a few exceptions, the universe of vendors addressing these problems has not addressed the challenges of
managing ediscovery as an ongoing enterprise function.
©2014 Blue Hill Research. All Rights Reserved.
Solution Overview: Ediscovery.com
o Ediscovery.com is a cloud-based ediscovery platform. While it repackages many of Kroll Ontrack’s existing capabilities, it also expands its process management capabilities and simplifies its pricing model
o Three products fall within the ediscovery.com platform: o Collecto Manageo Review
©2014 Blue Hill Research. All Rights Reserved.
Ediscovery.com Solution Overview
o Ediscovery.com Collect:o Incorporates PowerControls by Kroll Ontrack as a data aggregation platformo Reduces the administrative burden of ediscovery process
o Ediscovery.com Manage:o Creates ability to track spend, project time, and performance in real-timeo Monitors performance by conducting cross-project analyticso Configurable dashboard reporting
o Ediscovery.com Review:o Predictive Coding for Technology Assisted Review o Allows organizations to leverage predictive coding at the earliest stage to sift
out data that has no relevance
©2014 Blue Hill Research. All Rights Reserved.
Takeaways
o Core differentiators are:• Mobile accessibility through a centralized, cloud-based platform • Real-time, social collaboration in Project Wall • Expanded project management and performance analytics • Greater flexibility in TAR processing formats• Front-end use of predictive coding to filter out irrelevant information • Strong vision for a comprehensive, standardized strategy
o Organizations using other providers will need to consider how the migration costs and changes in practice will be affected. However, the potential benefits of collaborative, better-managed ediscovery should prompt some tough questions.
©2014 Blue Hill Research. All Rights Reserved.
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