Increasing Volumes of Data Impacting eDiscovery Business Confidence (Winter 2018)

In the Winter of 2018, 30% of respondents viewed increasing volumes of data as potentially having the greatest business impact on their business in the next six months. This percentage is the highest of all concerns represented in the survey. Increasing volumes of data also appear to have the greatest potential impact now on business than at any time since the Fall of 2016.

Article by Rob Robinson

Increasing Volumes of Data Impacting eDiscovery Business Confidence

Initiated in January of 2016, the eDiscovery Business Confidence Survey is a non-scientific quarterly survey designed to provide insight into the business confidence level of individuals working in the eDiscovery ecosystem. The survey consists of nine multiple choice questions focused on factors related to the creation, delivery, and consumption of eDiscovery products and services. The survey is open to legal, business, and information technology professionals operating in the eDiscovery ecosystem and individuals are invited to participate via the ComplexDiscovery blog, via social media, and via direct email invitations. To date, the survey has been administered nine times since January 2016 with 942 individuals responses. The latest survey was administered in the Winter of 2018 and had 100 respondents in roles that included executive leadership (52%), operational management (25%), and tactical execution (23%).

One of the questions in the quarterly survey asks participants to select from a listing of six issues the issue they view as potentially having the most impact on their eDiscovery business during the next six months. The issues presented include:

  • Budgetary Constraints
  • Data Security
  • Inadequate Technology
  • Increasing Types of Data
  • Increasing Volumes of Data
  • Lack of Personnel

While not all-inclusive, the listing of issues provides a realistic overview of potential areas that appear to have a direct and ongoing impact on the business of eDiscovery.

Based on the aggregate results of past surveys, the following findings and charted overviews of responses to the question of issues impacting business may be helpful in understanding the collective mindset of many industry experts regarding these issues and their impact over time on the business of eDiscovery.

Seven Key Findings

  • In the Winter of 2018, 30% of respondents viewed increasing volumes of data as potentially having the greatest business impact on their business in the next six months. This percentage is the highest of all concerns represented in the survey.(Chart 1)
  • Budgetary constraints continue to be viewed as potentially having a strong potential impact on business in the next six months. This is a drop over last quarter’s survey results, but still represents a critical concern for survey participants.(Chart 2)
  • The percentage of respondents viewing the impact of data security as a top business issue remained the same as last quarter and still is viewed as the top concern by 13% of survey respondents. (Chart 3)
  • In the Winter of 2018, the impact of inadequate technology on eDiscovery business performance continues to be the least concerning issue amongst presented issue choices. (Chart 4)
  • The percentage of respondents viewing the impact of increasing types of data as a top business issue increased markedly over the last quarter and now is the leading concern regarding impact to eDiscovery business performance by 16% of survey respondents. (Chart 5)
  • The impact of increasing volumes of data is the top issue impacting business performance and increased as a concern over the last quarter. (Chart 6)
  • The impact of lack of personnel on eDiscovery business performance appears to be less of an issue now than it was in the previous quarter. (Chart 7)

Survey Charts

(Charts Can Be Expanded for Detailed Viewing)


Chart 1: An Aggregate Overview of Issues Impacting eDiscovery Business Performance

Chart 1 - Issues Impacting eDiscovery Business Performance

 


Chart 2: An Overview of the Percentage of Respondents Viewing Budgetary Constraints as the Top Issue Impacting eDiscovery Business

Chart 2 - Impact of Budgetary Constraints on eDiscovery Business

 


Chart 3: An Overview of the Percentage of Respondents Viewing Data Security as the Top Issue Impacting eDiscovery Business

Chart 3 - Impact of Data Security on eDiscovery Business

 


Chart 4: An Overview of the Percentage of Respondents Viewing Inadequate Technology as the Top Issue Impacting eDiscovery Business

Chart 4 - Impact of Inadequate Technology on eDiscovery Business

 


Chart 5: An Overview of the Percentage of Respondents Viewing Increasing Types of Data as the Top Issue Impacting eDiscovery Business

Chart 5 - Impact of Increasing Types of Data on eDiscovery Business

 


Chart 6: An Overview of the Percentage of Respondents Viewing Increasing Volumes of Data as the Top Issue Impacting eDiscovery Business

Chart 6 - Impact of Increasing Volumes of Data on eDiscovery Business

 


Chart 7: An Overview of the Percentage of Respondents Viewing Lack of Personnel as the Top Issue Impacting eDiscovery Business

Chart 7 - Impact of Lack of Personnel on eDiscovery Business

 


Running Listing of Survey Results

 


Chart 8: Survey Participant Overview

Chart 8 - Survey Participant Overview

Source: Original Research

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