Often we are viewed merely as predictive coding, but that is only one small portion of what we do. Placing this highly in an ECA survey will raise awareness of OrcaTec's other text analytics tools.
Atlanta, GA (PRWEB) August 01, 2012
OrcaTec, the text analytics and eDiscovery company best known for its smarter predictive coding, announces that it has also been recognized as a leader in Early Case Assessment (ECA), this time by analyst firm DCIG.
DCIG and eDiscovery Solutions Group (eDSG) jointly on July 18 released the availability of the DCIG 2012 Early Case Assessment Buyer’s Guide, which they say weights, scores and ranks 25 software tools that help law firms, litigators and organizations reduce their overall cost of eDiscovery. OrcaTec was named in the top 5, outranking such industry notables as Clearwell, Recommind and Autonomy.
“We are gratified that DCIG and eDSG recognize the strong ECA aspect of the OrcaTec Document Decisioning Suite,” said OrcaTec’s CTO and Chief Scientist Herbert L. Roitblat, Ph.D. “Often we are viewed merely as predictive coding, but that is only one small portion of what we do. OrcaTec provides a number of tools to help businesses and firms find the information they need in the vast quantities of information they have.”
According to DCIG’s website, in 2012 alone:
- 89 billion business emails are sent and received each day
- The number of worldwide Instant Messaging (IM) accounts totals more than 2.7 billion
- There is 2.8 ZBs of electronically stored information (ESI), “with expectations that this amount will double every 2 years”
DCIG points out: “This increase in data has made ECA Software an important asset to any organization routinely involved in litigation.” That is why DCIG says it worked with eDSG to create this first “commercially available objective ranking to assist in a buying decision of these ECA tools.”
DCIG and eDSG note that they examined 25 ECA software tools with “integrated holistic platform(s),” looking specifically at the following:
- Analysis of enterprise ESI before collections
- Real-time collection of enterprise ESI
- Ability to process social media ESI
- Workflow management
- Project management
- First Pass Review
- Next generation search
- Next generation user interface
- Information dashboard
- Data mapping
- Integration with enterprise archiving systems
- Legal Hold
- SaaS delivery option
“We built our tools to work together on a single platform to help locate information that was otherwise difficult to find,” said Roitblat. “We know businesses need to be able to determine relatively quickly whether they should be headed toward trial or toward settlement. This Guide shows that analysts like DCIG understand OrcaTec should be considered a major player in that process – not as just the predictive coding guys in the Global Aerospace case,” referring to Global Aerospace v. Landow Aviation, No. CL 61040 (Va. Cir. Ct. Apr. 23, 2012).
The 2012 DCIG ECA Software Buyer’s Guide is available for license from DCIG. Please visit: http://www.dcig.com/ibg for more information.
Atlanta-based OrcaTec is reinventing eDiscovery by combining all-in-one smarter predictive coding, ECA and multi-faceted document review. Beyond keyword searching, the concept-based OrcaTec Document Decisioning Suite™ takes eDiscovery from data ingestion through document production, using concept search, predictive coding, visual clustering and other advanced analytics for no additional cost. The Suite is currently being used in the Global Aerospace litigation in Virginia because of OrcaPredict’s predictive coding, which is unique in not requiring seed sets or pre-culling. See how OrcaTec can cut first-pass review time from weeks or months to just days with demonstrably high levels of accuracy and transparency at http://www.OrcaTec.com, or by calling 888-335-2200 x 2.
OrcaTec is not a sponsor of The 2012 DCIG ECA Software Buyer’s Guide.