Thursday, April 26, 2012
Vendors – A Dying Breed? Thoughts from IPRO Innovations
http://ow.ly/ax9my
An article by Greg Buckles posted on the eDiscovery Journal website.
This article discusses changes in the eDiscovery service provider landscape. The article points out that a recent conference on the topic of vendors found that IPRO vendor numbers have shrunk, while at the same time revenue has grown.
The article states, "One interesting statistic from Jim King’s (IPRO CEO) keynote was a 17% decline in the number of IPRO service providers while the actual revenue they generated was up 12%. That’s right, the IPRO channel is shrinking (just like the eDiscovery market) but the volume is still growing. This resonated with the panelist perspectives on the increasing need to find alternatives to volume pricing ($/GB). Providers need to differentiate their offerings with standardized processes, project expertise, transparent invoicing and metric-rich reporting to survive the transformation from commodity vendor to managed service provider."
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The data here is particularly true especially that a lot of companies have shifted their services sector to outsourced providers, i.e. personal injury lawyer toronto for instance.
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