Are The Software Giants Dominating The eDiscovery Market?
In the wake of our article on the winners and losers in the eDiscovery software market, a client recently suggested to us that the software giants are not yet the best landing spots for eDiscovery software vendors. The impetus for this observation was news from two vendors – Symantec and HP – that software acquisitions in the eDiscovery market had underperformed. The revenue from Symantec’s Clearwell business was less than expected in calendar Q1 2012. HP’s executives admitted on their last earnings call that the Autonomy license revenue had a significant decline year-over-year.