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Tuesday, January 31, 2012
Guest post from Emily Wojcik, Product Marketing Manager
It's that time of year again...time for LegalTech New York. For those of who you follow CommVault but are not familiar with LegalTech, it is the largest and most important legal technology event in the U.S. Each January, we look forward to battling the weather and sharing with the legal community all that CommVault has to offer for creating efficiencies throughout the eDiscovery process.
This week, we're thrilled to introduce some really exciting innovations that specifically support the needs of legal, compliance and records teams. These center on self-service, accelerating cloud deployments, enabling users to simplify otherwise complex tasks, and reducing overall cost and risk. Before I go into detail, let's take a moment to discuss what's driving these innovations.
Businesses are faced with massive amounts of complex data that is growing up to 80 percent year over year.i CommVault talks a lot about what that means from a storage efficiency standpoint, but what does this explosion of data mean for eDiscovery practices and the professionals involved in eDiscovery litigation? Well, for one thing, it means a whole new universe of emerging information sources to consider when preserving, collecting and discovering data. Think about desktops/laptops, audio/visual files, images, databases, social media and a slew of other data types that are often rampant throughout an organization, living at the edge, and frequently managed in "silos." Today, we walk a fine line between over-collection, which brings companies higher review costs, as well as under-collection, which presents them the risk of missing key evidence, perhaps located in one of these emerging data sources. That's why making sure all data sources, even those at the "edge," are accounted for by using a repeatable and defensible eDiscovery strategy which is a top-of-mind concern for business and IT teams alike. In fact, easing eDiscovery burdens is the #1 pressure point cited in the Forrester Research, Inc. Global Message Archiving Online Survey,ii above lowering storage costs and boosting application performance.
We're mindful of these pressures and focused on addressing these challenges head on. The innovations we're providing customers today will go a long way to helping solve some of these challenges which include:
At LegalTech, we're collaborating with industry experts in a Town Hall session "How to Help Corporate Legal Departments Demonstrate Value Back to the Organization," a topic that has never been more timely as legal teams wrestle with controlling eDiscovery costs in a climate of tightening budgets. During the session, we'll talk about which area of the EDRM process warrants further cost improvements and what technology exists to address it. The innovations I listed above are just a sampling of the value that we are delivering to businesses using Simpana software. While we're on the subject, what does organizational value look like for you? In-house cost containment? Ease of access? Realistic and proactive eDiscovery budget planning? Please share with us.
Perhaps you are attending LegalTech yourself. If so, we'll see you in booth 1401. If not, I urge you to find out if there are others from your organization attending and send them our way. As you can see, we have much to share.
iGartner Inc., "Predicts 2012: Doing More With Less in Storage Has Never Been More Imperative," John Monroe, Dave Russell, Sheila Childs, Joseph Unsworth, December 2011
iiForrester Research, Inc., Q1 2011 Global Message Archiving Online Survey
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The content of this blog reflects the thoughts and opinions of the author, and does not represent the thoughts, opinions, plans or strategies of CommVault Systems, Inc. ("CommVault") and CommVault undertakes no obligation to update, correct or modify any statements made by the author of this blog. Any and all third party links provided by this blog are not affiliated with, nor endorsed by, CommVault.