http://ow.ly/6kBv8
Article by Ben Kerschberg on Forbes.com
This article discusses the trend toward moving eDiscovery to cloud based computing models. The article describes cloud based computing models, and advantages that eDiscovery providers offer by relying upon such models, as follows:
The ability to scale or decrease one’s service level at almost no marginal cost beyond that of the on-demand services;
Not having to purchase upgrades;
Drastic reductions in on-premise capital expenditures. IDC predicts that cloud computing will reduce the cost of owning IT infrastructure by 54 percent. The importance of such a decrease is highlighted by the statistics presented below.
Usage-based pricing with no fixed contracts or contracts with renewable terms as short as 30 days."
- Cost of IT staff resources that must be supported – 57%
- Cost of upgrading software – 57%
- Cost of maintaining infrastructure – 55%
- The inability to take advantage of functionalities then-available on the newest version – 34%
- The lack of flexibility to support changing business needs – 32%
- Dated user interfaces – 27%
- Limited number of vendors to choose from – 22%
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