Wednesday, June 13, 2012

Gartner: E-Discovery Magic Quadrant Shows Firms' Growth, Maturity, Consolidation



http://ow.ly/by5ev

An article by David Roe posted on the CMS Wire website.

This article discusses trends in the eDiscovery market, and looks at factors used by Gartners when they rank eDiscovery companies in their "Magic Quadrant" diagram. The article also discusses the EDRM (Electronic Discovery Reference Model), and provides information about the EDRM diagram.

The article states, "E-Discovery is growing. If you had any doubt about it, a quick look at this year’s Magic Quadrant for e-Discovery, would indicate just how tight competition is getting in the market with six companies in the Leaders quadrant and another four jostling to bust in from the Challengers Quadrant. But like all IT areas that have a high content element, the market is shifting."

The article further mentions, "

Keeping that in mind, let’s take a look at the criteria needed for inclusion in the Quadrant. To be included, a vendor must:
  • Sell enterprise software licenses, a software appliance or SaaS conforming to Gartner's definition of SaaS
  • Address at least two of three broad functional areas, relating to the EDRM
  • Generate at least US$ 20 million in revenue per year from the sale of e-discovery software
  • Own the intellectual property and copyright to the software
  • Have at least 50 customers in production"

No comments:

Post a Comment