|
Index
Engines
Redefines
EDiscovery,
Cutting
Response
Time From
Weeks To
Days
New
Enterprise
Discovery
Platform
Fundamentally
Changes
Electronic
Discovery
Process
Eliminating
the Need to
Restore
Backup/Archive
Tape Based
Data in
Order to
Retrieve
Content
LegalTech,
New York, NY
— Jan. 30,
2007 —
Index
Engines, the
leader in
next-generation
enterprise
discovery
solutions,
today
unveiled a
milestone in
electronic
discovery
with the
Index
Engines
Enterprise
Discovery
Platform.
Leveraging
patented
technologies,
Index
Engines
automates
information
access and
retrieval by
streamlining
online
discovery
and
introducing
the
industry’s
only
solution
capable of
retrieving
content
directly
from
backup/archive
tapes
without the
need to
first
restore the
data back to
disk. This
approach
dramatically
compresses
the
electronic
discovery
process to
save
hundreds of
hours and
tens of
thousands of
dollars in
recovery
expenses
while
eliminating
the barriers
to
online/offline
enterprise-wide
electronic
discovery.
According
to a recent
report by
Forrester
Research,
the
eDiscovery
technology
market,
which in
2006 was
worth close
to $1.5
billion,
will grow to
almost $4.9
billion by
2011. The
largest
direct cost
is the
collection,
processing
and review
of data,
which on
average runs
about $1,800
per
gigabyte.
Index
Engines
addresses
this
enormous
drain on
corporate
resources by
making all
corporate
data
accessible,
easily
searchable,
and
available
for
litigation
purposes at
a small
fraction of
this cost.
Current
methods of
electronic
discovery
are built
around
getting the
least amount
of data
required to
satisfy
legal
requirements.
Litigators
today are
afraid to
ask for
electronically
stored
information
since doing
so could put
their
organization
at risk of
being asked
for an equal
amount of
actionable
data.
However,
amendments
to the
Federal
Rules of
Civil
Procedure (FRCP)
that went
into effect
on December
1 require
that
organizations
be prepared
to locate
and produce
information
in
electronic
format—
including
emails,
files, and
database
data—during
legal
litigation.
To address
this
challenge,
Index
Engines
delivers
fast and
easy access
to all
corporate
data
irregardless
of where it
rests,
changing the
paradigm for
eDiscovery.
"End user
demand for
efficient
electronic
discovery
continues to
drive vendor
offerings
that reduce
the amount
of time and
resources
necessary to
satisfy
litigation
requests,"
said Brian
Babineau,
senior
analyst for
Enterprise
Strategy
Group. "The
Index
Engines
eDiscovery
Platform
compresses
the
eDiscovery
process to
reduce the
expensive
and time
consuming
restore
process
associated
with backup
and archive
tape-based
information
recovery.
This will
undoubtedly
be of value
to
organizations
challenged
with
identifying
content
across the
enterprise."
As part
of this
paradigm
shift,
electronic
discovery
will no
longer be a
project-based
effort in
which
companies
respond to
legal
requests
case by
case,
creating a
searchable
repository,
performing
the
discovery,
then
deleting the
repository
only to
repeat the
operation
and expense
for the next
request.
Instead,
Index
Engines
ingests data
from all
online and
offline data
stores,
creating a
permanent
repository
that can be
searched at
a moment’s
notice. This
is done more
efficiently
than ever
before,
allowing
billions of
files to be
indexed an
order of
magnitude
faster than
previously
available
and in a
very
cost-effective
manner.
The Index
Engines
Enterprise
Discovery
Platform
Index
Engines’
Enterprise
eDiscovery
Platform is
an
appliance-based
offering
that
collects and
prepares
data in
support of
electronic
discovery
faster and
more
accurately
than any
existing
solution on
the market.
Using the
company’s
patented
inline
indexing
approach,
data is
indexed at
wire speed
through
connections
on a storage
area network
(SAN) or
local area
network
(LAN) for
availability
on demand
when needed.
With this
release,
Index
Engines has
added
offline
indexing to
extract
content from
tape without
the need to
restore it
to disk,
creating the
industry’s
first truly
comprehensive
eDiscovery
platform.
This
indexing
process is
clean and
accurate —no
metadata is
modified and
there is no
spoilage.
Powerful
information
search and
management
tools ensure
that sought
after
information
is found
without
duplication.
This release
includes:
-
Full
content
reconstruction
of
documents
without
requiring
the full
restoration
of tape
content.
-
Extraction
of
metadata
– Once a
query is
executed,
metadata
and file
contents
can be
exported
to
today’s
most
popular
document
management
systems
for
further
review
and
analysis.
-
Offline
tape
document
restoration
– After
query
execution,
full
file
content
can be
restored.
IT
administrators
receive
detailed
reports
with all
the
information
necessary
to
efficiently
restore
the
specific
file.
-
Dynamic
Deduplication
–
Duplicate
files
will not
be
displayed
when a
query is
executed.
This
ends the
need to
eliminate
duplicate
files in
order to
guarantee
that
only
unique
files
and
email
are
uncovered.
According
to National
Data
Conversion (NDC),
a leading
compliance,
backup tape
restoration,
data
conversion,
and
electronic
discovery
firm with
over 20
years
experience
in
litigation
support and
corporate
compliance,
Index
Engines is
breaking
down the
barriers for
cost-effective
and
efficient
electronic
discovery.
“We have
chosen to
work with
Index
Engines
because no
one else can
do what they
do in terms
of searching
and finding
data without
having to
restore
backup and
archived
content in
proprietary
formats.
Online or
offline,
Index
Engines
finds and
produces
targeted
data faster
than any
solution
we’ve seen
on the
market,
cutting
eDiscovery
costs by
more than 50
percent,”
said Chris
Clark, Chief
Operating
Officer at
NDC.
“We are
changing the
rules of
electronic
discovery
for law
firms,
consultancies,
in-house
counsel, and
organizations
faced with
this ongoing
business
challenge,”
said Tim
Williams,
CEO of Index
Engines.
“Organizations
armed with
our
eDiscovery
platform
will have
significant
competitive
advantages
in terms of
speed, cost
and
accuracy.”
The Index
Engines
eDiscovery
Platform is
currently
available
with prices
starting at
$50,000 for
a package
that scales
to support a
four million
file
network. For
more
information
on Index
Engines’
suite of
enterprise
indexing
products,
contact the
company at
(732)
817-1060. |