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TECH BUYER Aug 2019 - IDC MarketScape - Doc # US44752919

IDC MarketScape: Worldwide eDiscovery SaaS Review Software 2019 Vendor Assessment

By: Ryan O’LearySenior Research Analyst, Legal, Risk, & Compliance

Abstract

This IDC study represents a vendor assessment of providers offering ediscovery review software delivered via SaaS/public cloud through the IDC MarketScape model. The assessment reviews both quantitative and qualitative characteristics that define current market demands and expected buyer needs for ediscovery review software. The evaluation is based on a comprehensive and rigorous framework that assesses how each vendor stacks up, and the framework highlights the key factors that are expected to be the most significant for achieving success in the ediscovery review software market over the short and long terms.

"The cloud computing revolution has finally reached the legal tech world. eDiscovery vendors must optimize their products to compete in this new cloud world. According to IDC's 2018 Archiving and eDiscovery Survey, 45.7% of ediscovery software is now deployed via SaaS. IDC expects that percentage to continue to rise for the foreseeable future." — Ryan O'Leary, senior research analyst, Legal, Risk, and Compliance


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