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ZyLAB, a leading provider of eDiscovery and Information Risk Management solutions, today announced that the most recent Gartner Hype Cycle Reports include the company as sample vendor within the sections focused on File Analysis and eDiscovery software.
Five Gartner Hype Cycles include ZyLAB under the section “File Analysis (FA)”. FA refers to tools to reduce risk by identifying which files reside where and who has access to them. FA allows activities as redacting personally identifiable information, corralling and controlling intellectual property, and finding and eliminating redundant and outdated data that may lead to business complications.
The “Hype Cycle for Legal and Regulatory Information Governance, 2014” mentions ZyLAB as sample vendor of eDiscovery software that facilitates the identification, collection, preservation, processing, review, analysis and production of electronically stored information (ESI) to meet the mandates imposed by common-law requirements for discovery.
The Gartner Hype Cycles provide a graphic representation of the maturity and adoption of technologies and applications, and how they are potentially relevant to solving real business problems and exploiting new opportunities. Gartner Hype Cycle methodology gives readers a view of how a technology or application will evolve over time, providing a sound source of insight to manage its deployment within the context of your specific business goals.
In its Hype Cycle Gartner states that "Organizations should use File Analysis to gain a true understanding of their unstructured data, where it resides and who has access to it.” […] “FA shrinks costs by reducing the amount of data stored. It also classifies valuable business data so that it can be more easily found and leveraged, and it supports e-discovery efforts for legal and regulatory investigations.”
In the “Hype Cycle for Legal and Regulatory Information Governance, 2014” Gartner concludes that business benefits of eDiscovery software remain are high. “Major enterprises undergo dozens, perhaps even hundreds, of investigations each year, which can result in high costs to specialized legal solution providers and outside law firms. Software that supports the ability to conduct and manage discovery activities in-house not only saves money, but also enables enterprises to have higher levels of control over investigations.”
The analyst states further that savings result from paying less to outside eDiscovery service providers and ultimately outside counsel. “Information management software, such as file analysis and enterprise content archiving, can improve a company's litigation readiness and save money in storage and labor costs for IT.”
Johannes Scholtes, Chief Strategy Officer of ZyLAB: “ZyLAB always has been a strong advocate for legal and IT professionals to work together to develop best-practice-based processes to not only be prepared for a possible eDiscovery project but also to share the responsibility for information governance, data privacy and - security issues. Our comprehensive eDiscovery and Information Risk Management solutions cover the entire EDRM and include activities beyond pure eDiscovery, like separating redundant, outdated and trivial data from data that is still relevant and needs to be stored or protected. Providing a wide-ranging solution and staying ahead of the market is why we continue to be included in prestigious reports such as this one.”
To learn more about ZyLAB’s eDiscovery and Information Risk Management technology and services, please visit www.zylab.com or contact Annelore van der Lint ( This email address is being protected from spambots. You need JavaScript enabled to view it. or +1 917 297 7720)
ZyLAB’s industry-leading, modular eDiscovery and information risk management solutions enable organizations to manage enterprise data in any format and language, to mitigate risk, reduce costs, investigate matters and improve business productivity.
ZyLAB’s products and services are used on an enterprise level by corporations, government agencies, courts, and law firms, as well as on specific projects for legal services, auditing, and accounting providers.
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