The Issue That Currently Concerns eDiscovery Professionals The Most: Budgetary Constraints (Summer 2018)

In the Summer of 2018, 22.7% of respondents viewed budgetary constraints 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 types of data are also of great concern, with 21.2% of survey respondents noting it as their greatest business concern.


Article by Rob Robinson

Budget Constraints Continue to Concern eDiscovery Professionals

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 by ComplexDiscovery primarily via direct email invitations. The survey has been administered eleven times since January 2016 with 1,108 individuals responses. The latest survey was administered in the Summer of 2018 and had 66 respondents in roles that included executive leadership (45.4%), operational management (27.3%), and tactical execution (27.3%).

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

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 Summer of 2018

  • In the Summer of 2018, 22.7% of respondents viewed budgetary constraints 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)
  • Increasing slightly since last quarter, budgetary constraints continue to be one of the top concerns for eDiscovery professionals and this challenge has been ranked as the top concern amongst presented issue choices in six of the last eleven quarters of the survey. (Chart 2)
  • The percentage of respondents viewing the impact of increasing types of data as a top business issue increased significantly during the last quarter and is now viewed as the top concern by 21.2% of survey respondents. (Chart 3)
  • The percentage of respondents viewing the impact of data security as a top business issue slightly increased during the last quarter and is viewed as the top concern by 19.7% of survey respondents. (Chart 4)
  • Increasing volumes of data continue to be a strong concern with 16.7% of survey respondents viewing data volume challenges as potentially having a substantial 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 5)
  • The impact of lack of personnel on eDiscovery business performance appears to be viewed as slightly more of an issue now than it was in the previous quarter. (Chart 6)
  • In the Summer of 2018, the impact of inadequate technology on eDiscovery business performance continued to be one of the least concerning issues amongst presented issue choices. (Chart 7)

Considering Eleven Quarters of Results from 2016 to 2018

From a top issue perspective, the following potential issues and the number of quarterly times they have been considered the top concern by survey respondents is shared to create context as to the cyclical concerns of eDiscovery professionals. (Table Overview)

  • Budgetary Constraints: The top concern six times in eleven quarters (2x Winter*, 2x Spring, 1x Summer, 1x Fall).
  • Increasing Volumes of Data: The top concern five times in eleven quarters (2x Winter*, 1x Spring, 1x Summer, 1x Fall).
  • Data Security: Never ranked as the top concern.
  • Increasing Types of Data: The top concern one time in eleven quarters (1x Summer).
  • Lack of Personnel: Never ranked as the top concern.
  • Inadequate Technology: Never ranked as the top concern.

* Top concern tie between Budgetary Constraints and Increasing Volumes of Data in the Winter of 2017.

Survey Charts

(Charts Can Be Expanded for Detailed Viewing)


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

Issues Impacting Business Performance - Summer 2018

 


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

Budgetary Constraints - Summer 2018

 


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

Types of Data - Summer 2018

 


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

Data Security - Summer 2018

 


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

Volumes of Data - Summer 2018

 


Chart 6: An Overview of the Percentage of Respondents Viewing Lack of Personnel as the Top Issue Impacting eDiscovery Business

Lack of Personnel - Summer 2018

 


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

Inadequate Technology - Summer 2018

 


Running Listing of Survey Results

 


Chart 8: Survey Participant Overview

Survey Overview - Participants 2016-2018

Source: Original Research

 

WP-Backgrounds Lite by InoPlugs Web Design and Juwelier Schönmann 1010 Wien
Read previous post:
Controlled Optimism | eDiscovery Business Confidence Survey Results – Summer 2018

The Summer 2018 eDiscovery Business Confidence Survey is a non-scientific survey designed to provide insight into the business confidence level...

Close