MOUNTAIN VIEW, Calif. – January 5, 2009 — Clearwell Systems, Inc., a leader in intelligent e-discovery, today announced that it has received a “strong positive” rating in Gartner, Inc.’s 2008 MarketScope for E-Discovery Software Product Vendors (1). “Strong positive” is Gartner’s highest possible rating.
As part of their corporate strategy to reduce costs in the current economic downturn, more and more enterprises are bringing elements of the e-discovery process in-house. In particular, they are implementing the Clearwell E-Discovery Platform to significantly lower the most expensive phases of e-discovery – processing, analysis and review.
According to the Gartner report, “Spending on electronic discovery (e-discovery) software technologies and services offerings is forecast to grow by between 25% and 35% annually through 2012.”
The report also stated, “Enterprises purchasing e-discovery software can reduce the costs of litigation by improving their control over unstructured content, and semi-structured content, most notably e-mail. Also, they can cut costs and risks by taking control of litigation hold, litigation-hold tracking, file collection, file processing and legal review instead of outsourcing these functions.”
The Clearwell E-Discovery Platform is fully operational in less than 25 minutes, and provides users with immediate visibility into case facts, significantly accelerating early case assessment. Clearwell’s transparent search, metadata filters, and people analytics enable users to quickly and defensibly eliminate irrelevant documents and false positives, lowering processing costs, and reducing review workload. The product’s review capabilities display documents in context, further increasing review throughput. In addition, data can be seamlessly uploaded into litigation support databases via EDRM-compliant XML load file. All actions are tracked via Clearwell’s case management and reporting capabilities, ensuring a more defensible e-discovery process.
“In our opinion, Clearwell’s receiving the highest ranking is a strong endorsement from our customers and underscores our leadership position in the e-discovery market,” said Kamal Shah, vice president of product management and marketing at Clearwell.
The report evaluated vendors in the e-discovery space by business model, customer experience, market understanding, sales execution and pricing, product strategy, product and sales strategy. The report rankings range from strong negative to strong positive, and Clearwell received the highest rating.
According to Gartner, a vendor with a ‘strong positive’ rating is “viewed as a provider of strategic products, services or solutions,” and customers are advised to “continue with planned investments,” while potential customers should “consider this vendor a strong choice for strategic investments.”
A copy of the report can be viewed at www.clearwellsystems.com/e-discovery-resources/resource_dl_44.php.
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 provider overall as well as a Top 5 e-discovery provider for processing, analysis, review, and production in the 2008 Socha-Gelbmann Electronic Discovery Survey. For more information, visit www.clearwellsystems.com or read the E-discovery 2.0 blog at: www.clearwellsystems.com/e-discovery-blog.
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(1) The MarketScope is copyrighted December 17, 2008, by Gartner, Inc., and is reused with permission. The MarketScope is an evaluation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the MarketScope, and does not advise technology users to select only those vendors with the highest rating. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
(2) “MarketScope for E-Discovery Software Product Vendors, 2008,” by Gartner, Inc, Research VP, Debra Logan, John Bace and Whit Andrews. December 17, 2008.