"By using Lit i View, the eDiscovery system developed by UBIC, we will be able to meet our goals using Lit i View in a cloud computing environment to promptly handle intellectual property disputes.”
- Hiroshi Nakatogawa, NEC Corporation
Tokyo, Japan (PRWEB) October 07, 2011
UBIC, Inc. (Head office: Minato Ward, Tokyo, Representative: Masahiro Morimoto, President and Representative Director) today announced offering of the UBIC Legal Cloud service that reduces legal risk exposure for corporate groups operating on a global scale. This service provides a cloud computing environment that allows clients to use the Lit i View eDiscovery software developed by UBIC on a 24-hour basis every day of the year from anywhere in the world.
In recent years, the operations of companies have become increasingly global and borderless. The result is growing exposure to legal risks in a company’s home country as well as in other countries. International litigation, investigations by U.S. and European commissions, and other activities require eDiscovery and other forms of support. To meet these needs, UBIC has provided eDiscovery support services for more than 200 cases (as of August 31, 2011).
In many instances, international litigation and government investigations do not end for a long time and eDiscovery must encompass an increasingly larger volume of data. The result is continuous rise in the cost of eDiscovery activities. Furthermore, the cost of managing data increases significantly when electronic data that can be used as evidence is located worldwide. UBIC Legal Cloud solves the problem of rising costs associated with longer litigation and investigations, large volumes and the dispersion of data.
In addition, some global companies have a plan to conduct periodic internal audits that use the eDiscovery procedure for the purpose of reducing legal risk. At these companies, there is a need for the short-term use of an eDiscovery support system due to the relatively short time span of the audits. UBIC Legal Cloud is also capable of meeting the need for on-demand use of an eDiscovery support system.
■ Features of UBIC Legal Cloud as a cloud computing service
There are many types of cloud computing services. Formats extend from IaaS (infrastructure as a service), which provides only hardware, to SaaS (software as a service), which extends to providing an environment for applications for business operations as a package. UBIC Legal Cloud is a one-stop solution that functions as a SaaS, supplying Lit i View eDiscovery system along with the software environment required to use this system to provide a legal process support system.
■ The economy and on-demand access possible only with a shared private cloud
UBIC Legal Cloud uses the shared private cloud format as the basic means of providing services. Using hardware and network resources prepared by UBIC in advance, UBIC Legal Cloud utilizes advanced virtualization technology to establish an exclusive environment for a client’s eDiscovery system. The shared private cloud cuts the cost of system operations while providing safety functions like security and redundancy. On-demand use is also possible by quickly establishing the required environment when the software is needed.
■ Scalability and optional services to meet a broad range of needs
Experience gained from participation in more than 200 cases has shown that there is substantial demand for flexibility and scalability, such as additions and extensions for eDiscovery support services. To meet this demand, UBIC Legal Cloud has a diverse array of optional services extending from the expansion of system-related services to services provided by people for legal processes. Companies that use UBIC Legal Cloud can benefit from procuring end-to-end solutions and support services for eDiscovery activities from a single source.
■ UBIC Legal Cloud prices
UBIC Legal Cloud is available in a number of price plans to meet the requirements of each client.
For companies dealing with prolonged litigation or investigations, or constant growth in the volume of data, UBIC offers the Periodic Contract Plan. This plan has an initial payment of 5 million yen (before taxes) and a monthly fee of 3 million yen (before taxes).
For companies that require short-term use for regular internal audits rather than for specific cases, UBIC offers the Audits Only Plan. A client can use this plan for two months by making a one-time payment of 4 million yen (before taxes).
◆ We expect to deploy our first UBIC Legal Cloud Service with NEC Corporation.
Mr. Hiroshi Nakatogawa, General Manager of Technologies and Intellectual Property Licensing Division of NEC Corporation says:
“We want to aggressively pursue our intellectual property strategies further, at the same time we strive to lower any intellectual property-related risks the entire NEC group around the globe may face. By using Lit i View, the eDiscovery system developed by UBIC, we will be able to meet our goals using Lit i View in a cloud computing environment to promptly handle intellectual property disputes.”
Representative: Masahiro Morimoto, President and Representative Director
Head office: Meisan Takahama Building, Seventh floor, 2-12-23, Kounan, Minato-ku, Tokyo
UBIC is a provider of a comprehensive lineup of high-technology products and services involving legal activities. The computer forensics investigation service performs investigations that target primarily electronic data. The discovery support service holds electronic data that is used as evidence for legal disputes and litigation. This service also provides support for international litigation that entails investigations and analysis. UBIC has the world’s most advanced technologies for compatibility with Asian languages and operates a laboratory with the largest processing capacity in Asia. A subsidiary was established in the United States in December 2007 enabling it to provide litigation support services involving Asian companies from both Asia and the United States. At the end of 2009, UBIC started selling “Lit i View,” an eDiscovery support system developed by UBIC that allows performing eDiscovery activities for international litigation.
Established: August 8, 2003.
Shares listed on TSE Mothers: June 26, 2007.
Capital: 496,843,750 yen (As of August 31, 2011).