MOUNTAIN VIEW, Calif.—January 29, 2008—Clearwell Systems, Inc., a leader in Intelligent E-Discovery, today announced it has signed an agreement with HP to resell the Clearwell E-Discovery Platform® to enterprises in North America.
To address the rapidly growing e-discovery market, which IDC estimates will reach $21.8 billion by 2010, Clearwell and HP will jointly give customers a highly scalable, comprehensive e-discovery solution spanning information archiving, retention, advanced analysis and review. HP will offer the Clearwell solution, which provides advanced analysis and review, alongside the HP Integrated Archive Platform, which provides long-term retention of email, files, documents and other unstructured information.
E-discovery is quickly becoming an important consideration for enterprises when selecting an archiving solution. Customers now realize that only half the challenge is solved with an information archiving and retention solution, while the other half must be addressed by advanced analysis and review.
According to Gartner, Inc., "Legal discovery is mentioned by almost every client evaluating an e-mail archiving solution. Vendors with tools for reviewing and selecting appropriate records from a discovery search are winning over vendors with only basic search capabilities, even if those capabilities are not required in the first purchase." 1.
"Archiving is the necessary and important first step in proactively addressing e-discovery; and when jointly deployed with the Clearwell E-Discovery Platform, enterprises have a complete e-discovery solution that delivers real, quantifiable value and eliminates the hassle of piecing together multiple products," said Andy Byrne, vice president of business development at Clearwell Systems. "With several joint customer successes already under our belt, we look forward to working with HP to bring e-discovery solutions to customers worldwide."
With its latest software release, Clearwell delivers the industry's first enterprise-class e-discovery management platform that enables legal, compliance, information security, forensics and IT divisions of the world's largest companies to seamlessly manage all of their legal, regulatory and investigative matters. In support of the agreement with HP, Clearwell's product integrates seamlessly with HP Integrated Archive Platform, a factory-integrated software, hardware and services platform for information retention and preservation that serves as the foundation of the joint solution. HP Integrated Archive Platform can archive email, files, documents and other unstructured data using a high-performance, highly scalable grid storage architecture, and includes native indexing, search, policy management, auditing and platform management software.
"E-discovery is a key part of our Information Management strategy, and this relationship with Clearwell will help HP provide an end-to-end solution for our customers," said Randy Serafini, worldwide product marketing manager, E-Discovery, HP Software. "The combined Clearwell and HP offering demonstrates our high level of commitment to providing one-stop-shopping for customers that need everything from information collection and preservation to detailed analysis and review, in order to meet increasingly stringent compliance requirements and prepare for possible litigation."
Several Fortune 500 companies have already achieved a significant return on investment from the Clearwell and HP offering. With joint deployments underway at customers including Constellation Energy and DelMonte Foods, the agreement between Clearwell and HP has already proven to address growing customer demand for a solution that provides data collection, preservation, processing, analysis, and review for e-discovery.
Industry research indicates that 80-90 percent of the electronic data collected for a case is non-relevant. Yet, enterprises continue to send the entire dataset to outside services for processing at an average cost of $1,800 per gigabyte. The same dataset is also sent to outside counsel for review and analysis at an average cost of $250 per hour. With a complete, proactive solution for e-discovery, enterprises can avoid these costs and achieve savings of up to 80 percent on the entire e-discovery process.
The Clearwell E-Discovery Platform is fully operational within the enterprise in less than 25 minutes and provides users with immediate visibility into case facts, significantly accelerating early case analysis. Clearwell's advanced searching, culling and filtering capabilities enable enterprises to quickly eliminate irrelevant documents, false positives, and privileged information, lowering processing costs and reducing review workload.
About Clearwell Systems
Clearwell Systems is transforming the way enterprises perform e-discovery in response to litigation, regulatory inquiries, and corporate investigations. By automating the processing, analysis and review of all electronically stored information, Clearwell enables enterprises to accelerate early case assessments, lower processing costs, reduce review workload, and gain control of e-discovery. Clearwell was ranked a "Top 5" e-discovery software vendor for corporations in the 2007 Socha-Gelbmann Electronic Discovery Survey. For more information, visit www.clearwellsystems.com or read the E-discovery 2.0 blog at: http://www.clearwellsystems.com/e-discovery-blog/.
1 "Email Active Archiving Market Update, 2007," by Gartner, Inc, Carolyn DiCenzo, Ken Chin and Alan Dayley. May 30, 2007.