StoredIQ Receives Network Products Guide 2010 Product Innovation Award

Network Products Guide, an industry leading information technology research and advisory guide has named the StoredIQ Intelligent Information Management Platform, a winner of the 2010 Product Innovation Awards in the eDiscovery category. This annually venerated award recognizes and honors vendors, large and small, from all over the world with innovative and ground-breaking products that are bringing essential and incremental changes and are setting the bar higher for others in all areas of information technology.

“We congratulate StoredIQ on this award,” says Rake Narang, editor in chief at Network Products Guide. “As companies continue to struggle with the risk and cost of eDiscovery, a repeatable and cost-effective process will become increasingly important. StoredIQ provides a solid foundation for managing that process, while giving companies a better understanding when formulating their legal strategy.”

This award is the third in a recent string of recognition StoredIQ has received including KMWorld’s 100 Companies That Matter in Knowledge Management, and inclusion as a finalist for the InfoSecurity Products Guide Excellence Awards in the  eDiscovery category.

StoredIQ Named to KMWorld’s 2010 List of 100 Companies that Matter in Knowledge Management

KMWorld 100 Companies Logo

The editors of KMWorld Magazine have named StoredIQ one of the 100 Companies that Matter in Knowledge Management for 2010. In its tenth year, this prestigious recognition distinguishes organizations in knowledge management that demonstrate commitment to customer-driven innovation and exceptional market agility. The list was compiled through a collaborative effort of independent judges.

“StoredIQ does more than offer sophisticated technology,” says Hugh McKellar, editor in chief of KMWorld. “We selected StoredIQ because of its excellence in the information management field and for continuing to offer their customers one of the most elegant and cost-effective solutions to manage their complex information infrastructure across the enterprise.”

KMWorld’s recognition validates StoredIQ’s achievements and further exemplifies the success we are experiencing. We recently announced Analyze Anywhere, an innovative approach enabling early case assessment (ECA) prior to preservation and collection, without requiring the movement of data from where it natively resides. This powerful ability to perform early case analysis on data “in the wild” gives legal counsel the ability to assess the merits of a dispute, formulate a legal strategy, and make decisions concerning the matter significantly faster than traditional ECA, further cementing its leadership in the eDiscovery software market.

ECA in the Wild – A New Approach to Early Case Assessment

For years traditional early case assessment (ECA) has been the victim of poor process. Due to technology gaps, legal counsel had to first collect all custodial data before the analysis and first pass review could begin.  This has proven time-consuming, expensive, incomplete and ultimately not effective.

Analyze Anywhere Moves ECA Into 'The Wild'

Today however, StoredIQ is revolutionizing early case assessment with StoredIQ Analyze Anywhere™.  This innovative, new approach enables ECA to occur prior to preservation and collection, without requiring the movement of data from where it natively resides. This powerful ability to perform early case analysis on data “in the wild” has distinct advantages over traditional ECA and gives legal counsel the ability to:

• Conduct ECA on data where it natively resides—prior to collection
• Lower the cost of formal review by outside counsel
• Develop a superior legal strategy
• Formulate “settle vs. litigate” decision sooner
• Retain all business context around data for higher quality downstream review
• Leverage legal-friendly workflow for simplified and accelerated analysis

Powered by a legal-friendly eDiscovery workflow, Analyze Anywhere gives legal counsel the ability to dynamically tune searches, review analytics, and modify custodian lists – all prior to any collection of data.  This accurately narrows the preserved and collected information subject to the “duty to preserve,” mitigating further legal risks and providing a legally defensible audit trail.

Through our field level engagements with numerous law firms and general counsels, we believe StoredIQ Analyze Anywhere has the legal-friendly features and functionality, allowing legal counsel to now analyze data without moving it. By giving Legal the power to perform ECA near the beginning of the eDiscovery workflow, early case assessment finally provides real value and achieves the goals it originally set out to accomplish for improved legal strategy and cost reduction.

Learn more.  Download the Analyze Anywhere solution brief or stop by the StoredIQ booth at LegalTech– #1405 – for a product demonstration. For pricing and purchase information contact info@storediq.com.