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Index Engine Study, Says Automation Reduces Discovery Process
11/22/2006 - Index Engine Study, Says Automation Reduces Discovery Process
Holmdel, New Jersey -November 22, 2006 - According to findings from a recent report from the Enterprise Strategy Group, 91% of organizations with a workforce of over 20,000 employees, have been through an ''electronic discovery event'' involving e-mail in the past twelve months. The report also specified, that regardless of revenue or number of employees, 46 percent have been through an electronic discovery event over the same time period.
According to Brian Babineau, Analyst for Enterprise Strategy Group, ''Amendments to the Federal Rules of Civil Procedure (FRCP) will keep electronic discovery at the forefront of general counsel and IT department's minds and budgets for the foreseeable future. In fact, these amendments should serve as a catalyst for many executives, including general counsel, to sponsor IT initiatives that can facilitate the identification and location of all enterprise data.''
In order to identify digital information as part of a legal discovery request companies must review enormous amounts of enterprise data located on file systems and applications on primary data storage systems, backup tapes and tape archives. Recent amendments to the Federal Rules of Civil Procedure (FRCP) underline the increasing amount of legal requests involving digitally stored information. To comply with these new requirements, organizations will need to review their discovery processes to depend more on information technology to uncover relevant email, files and other data.
According to Enterprise Strategy Group, 56% of the enterprises responding to a recent survey have found that retrieving data from offline media such as backup tape to be a significant challenge when producing electronic records while 50 percent found that lack of effective software tools to search and retrieve information was a significant challenge. Additionally, research data reveals that organizations misunderstand the role of electronic discovery in their organization. For example, many organizations believe that electronic discovery is only a requirement of the financial services industry, when in fact, the percentage of non-financial firms that have experienced an electronic data discovery request over the past twelve months include the following:- • Telecom, 63 percent
- • Government, 62 percent
- • Energy, 50 percent
- • Health Care / Life Sciences, 42 percent
- • Manufacturing, 40 percent
- • Education, 38 percent
Founded in 2003, Index Engines is the leader in next-generation enterprise-wide indexing. The company's mission is to organize enterprise data assets and make them immediately accessible and easily manageable. Businesses rely on Index Engines' solutions for comprehensive insight into their data in order to streamline the discovery, classification and management of enterprise assets. The company was started by Tim Williams and Gordon Harris, who prior to Index Engines, were responsible for successful startups that include CrosStor and Tacit Networks. CrosStor was a storage operating system company that was sold to EMC (NYSE: EMC) in November of 2000. Tacit Networks, sold to Packeteer in 2006, is the leader in enterprise file sharing for remote office solutions. Index Engines has recruited top talent from both leading storage solution vendors and the enterprise search space.
Index Engines is privately funded and headquartered in Holmdel, New Jersey. Index Engines products are sold and serviced worldwide directly and through Index Engines channel partners.
To learn more about the white paper, Leveraging IT and Electronic Discovery Technology to Meet the Expected Challenges Posed by Recent Changes to the Federal Rules of Civil Procedure.-
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