Proceed with Caution? Eighteen Observations on eDiscovery Business Confidence in the Summer of 2019

In the summer of 2019, only 39.9% of eDiscovery Business Confidence Survey respondents feel that business climate conditions will be better in six months. This is approximately the same percentage (40.0%) of respondents who in the spring of 2019 felt the business conditions would be better in six months. However, it is the lowest rating in this area since the inception of the survey and may indicate a continued cautiousness about future business conditions.

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ayfie Raises $10 Million in Funding

“We are very proud of ayfie’s excellent development since the initial round of funding. ayfie is solving problems that other less sophisticated systems cannot,” says Erik Baklid, CEO of ayfie. He adds: “The funding supports with power the achievement of our next business milestones taking full advantage of the momentum we’ve created.”

Four Eras of eDiscovery? One Approach to Framing Market Growth

With the understanding that there are many ways to construct a framework for considering and conversing about market growth over time, provided in a talking point format is one era-based approach that may be helpful for deconstructing time frames, market size, growth rates, and investment pulse rates for the eDiscovery market from 2002 through 2023. This era-based approach also attempts to put a memorable “face” on each defined growth period by associating each era with one prominent eDiscovery platform from that era.

Head in the Clouds? The New IDC eDiscovery SaaS Review Software Report

Published on August 12, 2019, by the research and analyst firm IDC, the new IDC MarketScape: Worldwide eDiscovery SaaS Review Software Assessment report (Doc #US44752919) shares information and insight on the eDiscovery software market through the lens of software delivered via SaaS public cloud implementations. This information may be useful for legal, business, and IT professionals seeking to better understand market demands and buyer needs for eDiscovery review software.

eDiscovery Business Kinetics: DSO, MRR, and Customer Revenue Distribution (Summer 2019)

In the summer of 2019, 156 eDiscovery Business Confidence Survey participants chose to answer at least one of the optional business operational metric survey questions in the quarterly survey. Almost 33% (32.7%) of survey respondents reported Monthly Recurring Revenue (MRR) as increasing in the summer of 2019. This is a solid increase from approximately 29% (28.5%) reporting MRR as increasing in the spring of 2019.

Chambers Litigation Support 2019: An Independent Assessment of Litigation Support Services Providers

Compiled by researchers and supported by more than 500 in-depth interviews with senior market leaders around the world, “Chambers Litigation Support” is an objective guide that presents an independent assessment of leading litigation support services providers in areas ranging from litigation funding and eDiscovery to public relations and business intelligence investigations.

A Warship on the Network? A New Cybersecurity Challenge

Similar to wardriving, when you cruise a neighborhood scouting for Wi-Fi networks, warshipping allows a hacker to remotely infiltrate corporate networks by simply hiding inside a package a remote-controlled scanning device designed to penetrate the wireless network–of a company or the CEO’s home–and report back to the sender.

iCONECT Secures Strategic Capital Funding

“This financing helps us work toward some exciting new developments and expansion of sales and marketing resources,” said CEO Ian Campbell. “We have been profitable since day one as a company, so we have never really seen the need for external resources. NewField brings both capital and strategic vision toward growth. With a constant focus on innovation, we are well-positioned to take on the unique technical challenges in our industry.”

Struggling to Recover Costs? The 2019 eDiscovery Billing and Cost Recovery Survey (Logikcull)

With information harvested from more than 100 law firms through the lens of questions on topics ranging from cost recovery models to how much information on eDiscovery costs are provided to clients, the 2019 eDiscovery Billing and Cost Recovery Survey from Logikcull may be beneficial for legal, business, and IT professionals seeking to better understand the business of eDiscovery.

From De-Identification to Re-Identification: Considering Personal Data Protection

The recently published research paper “Estimating the Success of Re-identifications in Incomplete Datasets Using Generative Models” shows how the likelihood of a specific individual to have been correctly re-identified can be estimated with high accuracy even when an anonymized dataset is heavily incomplete. The presented results reject the claims that, first, re-identification is not a practical risk and, second, sampling or releasing partial datasets provide plausible deniability. Moving forward, the results also question whether current de-identification practices satisfy the anonymization standards of modern data protection laws such as GDPR and CCPA and emphasize the need to move, from a legal and regulatory perspective, beyond the de-identification release-and-forget model.