Predictive Technology in the eDiscovery market has become the new It Technology in 2012 and will continue to hold that position throughout 2013.
Also know as (AKA) Technology Assisted Review (TAR), Predictive Coding, Predictive Intelligence and Computer Assisted eDiscovery, over 25 vendors had Predictive Technology products in the market in 2012. Some of these products were stand-alone, some were OEM products and some were embedded in other well known eDiscovery platforms.
In response to this trend, eDSG ran a poll in November 2012 asking voters to identify the Predictive Technology they were either currently using or planning to use in the next 6 months. With 1,500 votes submitted, the top three vendors were:
OrcaTec = 31%
Servient = 30%
Recommind = 28%
An overview of the top three Predictive Technology Vendors from the eDSG poll are as follows:
Atlanta-based OrcaTec is reinventing eDiscovery by combining all-in-one smarter predictive coding, ECA and multi-faceted document review either in the cloud or behind clients’ firewalls. Beyond keyword searching, the concept-based OrcaTec Document Decisioning Suite™ takes eDiscovery from data ingestion through document production, using concept search, predictive coding, visual clustering, timelines, “sonar” and other advanced analytics. The Suite is currently being used in the Global Aerospace litigation in Virginia because of OrcaPredict’s predictive coding, which is unique in not requiring seed sets or pre-culling. See how OrcaTec can cut first-pass review time from weeks or months to just days with demonstrably high levels of accuracy and transparency at www.OrcaTec.com, or by calling 888-335-2200 x 2.
Servient provides advanced electronic discovery technology solutions to leading law firms, Fortune 1000 corporations and government agencies. Servient’s Predictive Review combines advanced machine learning technology with attorney review. Servient actively learns from the document decisions made by the legal team during legal review and separates the relevant documents from the irrelevant material. Servient has offices in Houston and Austin, Texas; Washington, D.C.; Richmond, Va.; Philadelphia; Los Angeles, New York City; and Pune, India. For more information about Servient, please contact Bill Schieffelin at email@example.com or visit www.servient.com.
Recommind is a leader in unstructured information management and analysis technology, delivering search-powered business applications that transform the way organizations find, manage, analyze and act upon data inside and outside the corporate network. Recommind’s solutions are all built on the CORE platform, which automatically accesses, organizes and analyzes large volumes of information in context from myriad sources. Recommind customers include AstraZeneca, BMW, Cisco, Clifford Chance, Marathon Oil, Deutsche Bank, Morgan Lewis, US Department of Energy (DOE), White & Case and WilmerHale. Recommind is headquartered in San Francisco and has offices in Boston, London, Sydney and Bonn, Germany. For more information go to www.recommind.com
Please note that eDSG is not recommending any of these Predictive Technology vendors. We are only reporting on the results of the poll that we ran in November 2012.
Predictive Technology Buyer’s Guide
Please note that eDSG is in the process of developing a Predictive Technology Buyer’s Guide for release in early 2013. The eDSG Guide will provide a framework of the important features and functionality that buyer’s should be taking in to consideration when comparing Predictive Technology tools and making a final buying decision. The eDSG Guide will also use these criteria to rank the Predictive Technology tools from 1 to 30 (or the final number of vendor participants). Any end-user interested in discussing these criteria or any of the vendors before the report comes out may contact eDSG at firstname.lastname@example.org or call Charles Skamser at 208-949-0301. Further, any Predictive Technology Vendors that are not listed in this poll and want to be included in the eDSG Buyers Guide need to contact eDSG at email@example.com or call Charles Skamser at 208-949-0301.
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