Continuing my provider briefings from a hectic couple of days in NY. Enjoy. IPRO Dean Brown – CEO; Beckie Schuerenberg - Content Marketing Manager Dean Brown and ParkerGale Capital have transformed IPRO’s collection of overlapping #eDiscovery point products into a broader #InfoGov solution stack on a unified cloud architecture. IPRO seems to have integrated the NetGovern and ZyLab to broaden the platform to straddle [...]
For some of the new readers, eDJ Briefings are a chance to catch up with the latest from providers kind enough to sit down with me and talk candidly. At Legal Week I no longer do formal presentations or demos. Instead I ask execs to give me the top three points they would like to convey to you and the market. We sometimes get [...]
“ALPHA10X Emerges from Stealth With $9.4 Million In Seed Funding and Expands Leadership Team to Bring Artificial Intelligence to Life Sciences Investment” caught my attention. I am always interested in new applications of #ArtificialIntelligence and mistakenly thought that this startup applied analytics to medical research or patient outcomes. We are still in a pandemic with a broken healthcare system and overloaded medical professionals. Imagine [...]
I hope that you join Dave Scott and myself for the Veritas Compliance Portfolio Winter Announcement webinar this Wednesday January 19th at 10am CST. Join us to hear about all the new capabilities of Veritas (formerly Symantec) Digital Compliance portfolio. Dave will cover all the new data sources and features from Enterprise Vault, eDiscovery Platform and more. I have been invited to discuss the [...]
It has been a while since I caught up with my friend Joe Bartolo. Knovos has evolved from their service provider roots (Capital Novus) into a broad, diverse legal technology company. Despite Relativity’s dominance of the large matter review market, mid-market players like Knovos seem to be gaining traction with usable, focused products that meet specific customer requirements. eDiscovery functionality, performance and innovation can [...]
When my old friend Michael Lappin took a role at Ligl (formerly Vertical Discovery) I knew that I needed to see what had lured him there. Ligl is providing what they call an ‘orchestration hub’ for corporate and firm eDiscovery teams. Despite MSFT’s efforts and the ongoing eDiscovery market consolidation, most of these teams are still cobbling together ‘Frankentech’ to track and manage their [...]
Microsoft and Google are busy re-inventing how knowledge workers collaborate. Many of us have stumbled onto complex sets of interdependent Excel workbooks being shared by accounting, sales and other teams. With good chain-of-custody procedures, I have reconfigured environments so that counsel or experts could manually review these ‘semi-structured’ file sets to extract potentially relevant snapshots. The breadth of sources simultaneously touched by Teams and [...]
Lost in all the hype around market consolidation and IPOs is the sad truth that the vast majority of legal technology is destined to end up in the digital dust bin. Thompson Reuters announced the retirement of eDiscovery Point by June 2022. Launched in 2016 and fueled by the CaseLogistix IP/talent TR acquired in 2010, eDiscovery Point never seemed to gain market traction against [...]
I am generally bullish on what I consider to be the undersized eDiscovery market. The $44 stock price spike after the CS Disco’s IPO equates to a $2.5B market capitalization. That is a 36X MULTIPLE of CS Disco’ s reported $68.4M 2020 revenue. Red flags pop up for me considering that CS Disco lost $29.8M in 2020 and $22.8M in 2019. According to the [...]
Yet another acquisition in the accelerating consolidation of the eDiscovery market space. In this case there is some functional overlap offset by clear differentiation in solution strengths. In my opinion, both players peaked early in the eDiscovery market and were being left behind until recently. Maybe the ParkerGale Capital money and guidance will forge a real competitor to the evolving Relativity-Reveal-Exterro battle royal. For [...]