Digital Reef Named a Leader in IDC's ECA MarketScape ReportSpeed, scale, advanced analytics, competitive pricing and out-of-the-box integrations noted as key strengths
September 29, 2011
Digital Reef, a leading software provider of the first massively scalable and open solutions for eDiscovery and Early Case Assessment (ECA) providing the fastest and smartest path to legal review, has been recognized by IDC as a Leader in the IDC MarketScape: Worldwide Standalone Early Case Assessment Applications Report.
The report, “IDC MarketScape: Worldwide Standalone Early Case Assessment Applications 2011 Vendor Analysis” is designed to help CIOs, corporate legal counsel, compliance officers, and legal service providers understand the key capabilities, the evolving use cases, and market and technology dynamics for the early case assessment solutions and the broader eDiscovery market segment. Automating core activities in the ECA process takes advantage of search, text analytics, data mining, business process workflow automation, project management, and decision support features that have been offered as a single product referred to as an “early case assessment “application. Among the twelve vendors included in the report, IDC positioned Digital Reef as a leader in the standalone ECA space. IDC forecasts that the market for standalone ECA applications will total $400.8 million in 2011 and reach $857.0 million in 2015.
Digital Reef achieved its leadership position in this year’s analysis with strengths in many areas including its product speed, scale and flexibility.
“Digital Reef is a leader in this year’s analysis with product strengths in many areas including speed, scalability and deployment flexibility,” said Vivian Tero, Program Director for IDC’s Governance, Risk & Compliance Infrastructure service. “Clustering, email threading and analysis, and out-of-the-box integration with third-party applications along the EDRM ecosystem are often cited by customers as strong features of the application. The Digital Reef architecture does not rely on a single index or database therefore there are no limits for indexing search, and analysis. Customers and partners also cite Digital Reef’s pricing model, which they found to be both transparent and competitive, as another strong suit of the application.”
“Through our network of Legal Service Providers, enterprises and law firms are turning to Digital Reef with their largest and most complex eDiscovery matters,” said Digital Reef’s CEO, Chris Risley. “Digital Reef’s customers depend on our solution to accelerate Early Case Assessment (ECA), increase review throughput, and improve the defensibility of their electronic discovery processing. We are pleased to see that our technology strengths, differentiators, and proven record of success has been reflected in IDC’s analysis.”
Here are two ways you can learn more about the IDC MarketScape: Worldwide Standalone Early Case Assessment Applications Report 2011:
Webinar: Vivian Tero will discuss her findings from the IDC MarketScape report for the first time on Thursday, October 13, at 1 PM EDT. To sign up for this webinar hosted by Digital Reef visit: http://www.digitalreefinc.com/idc-selecting-an-eca-solution-webinar
Download: To view an excerpt from the IDC MarketScape: Worldwide Standalone Early Case Assessment Applications Report, visit: http://www.digitalreefinc.com/the-idc-2011-eca-marketscape-report
About IDC MarketScape:
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.
This IDC study examines the standalone early case assessment (ECA) applications, commonly deployed in multi-vendor, multi-platform eDiscovery environments. This research is a quantitative and qualitative assessment of the characteristics that explain a vendor’s success in this emerging product category.
About Digital Reef:
Digital Reef is a leading e-discovery software provider helping enterprises, law firms, and litigation support service providers with their largest and most complex eDiscovery matters. Digital Reef’s e discovery platform is the first truly enterprise-scale e-discovery solution that manages all legal matters, regulatory inquiries, and corporate investigations. Using the industry’s fastest, most scalable and secure grid-based SaaS eDiscovery platform, leading companies have chosen Digital Reef as part of their EDRM system to process, analyze, review, and produce ESI. As a result, they accelerate early case assessment (ECA), increase review throughput, reduce movement of data across multiple tools, and improve the defensibility of their electronic discovery processing. Digital Reef gives businesses an unprecedented control of their information which can be derived from wherever it resides including emails, documents, repositories, and over 400 different types of files, including images.
Digital Reef is headquartered in Boxborough, Massachusetts. For more information call 978-893-1000 or visit www.digitalreefinc.com .