By utalley on August 3rd, 2010
New Enterprise Strategy Group Whitepaper Spotlights How StoredIQ Accelerates eDiscovery for the Enterprise
Need to streamline eDiscovery process, predict legal review cost and make strategic legal decisions much sooner?
With the rise in opinions and sanctions issued on electronic discovery, this new white paper from analyst firm Enterprise Strategy Group (ESG), is provided to help corporate counsel and legal professionals address the new eDiscovery realities which include managing multiple concurrent matters – with varying eDiscovery requirements, across multiple custodians, locating electronically stored information (ESI) that is spread across disparate data sources – all on tighter budgets and timelines.
“As the amount of electronic discovery related opinions and sanctions increases, organizations must be prepared to efficiently manage the complexities of responding to today’s legal matters that involve ESI,” said Brian Babineau, senior analyst with ESG and author of the whitepaper. “StoredIQ allows companies to standardize electronic discovery processes on a single platform, while providing the flexibility that corporate counsel needs to better prepare case budgets and make more informed legal decisions.”
In this paper, StoredIQ Accelerates Electronic Discovery While Providing Cost Predictability, Mr. Babineau discusses how StoredIQ enables companies to control costs, mitigate risk, and manage cases in the face of varying types of matters. Specifically, he explains how StoredIQ:
- Provides greater insight into ESI including unstructured documents within email, file shares, SharePoint, and other repositories;
- Facilitates more detailed early case analysis, allowing legal teams to analyze data in-place – prior to preservation and collection;
- Reduces the amount corporations spend on legal service provider review fees;
- Allows IT and Legal to work seamlessly together.
To learn more, download the whitepaper from the StoredIQ website at www.storediq.com.
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TOPICS: eDiscovery, early case assessment
By utalley on July 27th, 2010
StoredIQ Revolutionizes Enterprise eDiscovery with 6th Generation Award-winning Solution
“With this release, StoredIQ excels in packaging an eDiscovery solution that delivers real value to corporate counsel and legal users, putting them in control of what can often be an unpredictable and cumbersome endeavor. The elegant workflow and powerful analytics give legal the ability to analyze data in place, estimate review cost and make strategic ‘settle versus argue’ decision far earlier in the process.”
– Brian Babineau, senior analyst with Enterprise Strategy Group
Building on our industry-leading platform for information management and eDiscovery solutions, we’ve designed StoredIQ 6.0 to empower corporate counsel with a legal-friendly, best-of-breed application – eDiscoveryManager – that addresses the wide range of legal discovery requirements, including search, identification, collection, early case assessment (ECA) and analysis, as well as legal hold and review. By integrating an easy to use eDiscovery application with the power of our StoredIQ platform, we’re giving legal teams a single solution to make more informed strategic decisions in less time, cut the cost of litigation and reduce legal risk.
With 6.0, we are excited to introduce a new sophisticated user interface coupled with a step-by-step, straightforward legal-focused workflow that enables legal teams to dexterously drive a matter through the entire eDiscovery process. StoredIQ 6.0 also gives inside counsel the ability to perform real-time analysis on data in its native location, prior to preservation and collection, to quickly perform ECA. We have also made architectural enhancements that solidify our industry-leading speed and performance of data identification and collection, allowing our customers to meet time-sensitive compliance, governance and legal discovery requirements, even in petabyte-scale environments. Some of the new features in StoredIQ v6.0 include:
StoredIQ eDiscoveryManager™
StoredIQ 6.0 includes eDiscoveryManager, an innovative application built to run on our Intelligent Information Management Platform. eDiscoveryManager leverages a refined user interface designed to guide legal users through the eDiscovery process . In addition, user-friendly analysis tools help to make sense of unwieldy amounts of discovered data; the user interface includes both graphical analysis and matter management dashboards to facilitate early first-pass review. And throughout the eDiscovery process, the StoredIQ Scoreboard™ displays a running count of the files eliminated from consideration, automatically calculating the potential savings from the downstream review cycle.
StoredIQ AnalyzeAnywhere™
StoredIQ’s novel technology, AnalyzeAnywhere, enables early case assessment (ECA) prior to preservation and collection, without requiring the movement of data from where it natively resides. With the powerful ability to perform early case analysis on data “in the wild”, legal counsel can assess the merits of a dispute, formulate a legal strategy, and make decisions concerning a matter significantly faster than traditional ECA.
StoredIQ Scoreboard: Custodian Analysis by Email Domain
Prior to any collection of data, StoredIQ AnalyzeAnywhere gives legal counsel the ability to dynamically tune searches, review analytics, and modify custodian lists to accurately narrow the preserved and collected set of data subject to the “duty to preserve,” mitigating further legal risks and providing a legally defensible audit trail. By using AnalyzeAnywhere, legal counsel can reduce the potentially matter-relevant ESI to the smallest legally defensible, yet qualitatively enriched, data set, thereby dramatically lowering the cost of downstream formal review.
Market-Leading Performance and Scalability
We’ve also extended our performance lead in indexing and processing of unstructured enterprise data with an updated platform architecture. Enhancements have been made to the entire StoredIQ IIM Platform appliance, including:
- An upgraded 64-bit software stack, including the operating system, applications, database and search/index engines;
- Server nodes have been upgraded to industry-leading Dell™ PowerEdge™ R610 with state-of-the-art Intel® Xeon® Processor E5520;
- On-board storage now leverages best-in-class NetApp® NAS.
With these and other architectural enhancements, a single StoredIQ appliance can achieve performance levels of 24TB of full-text indexing per day, and through a federated solution, performance can scale to well over 100TB of full-text indexing per day. In addition, StoredIQ 6.0 now boasts embedded disaster recovery technology as well as support for Microsoft Exchange and SharePoint 2010.
The StoredIQ Intelligent Information Management Platform v6.0 is available immediately. For pricing and purchase information contact info@storediq.com, or for more information:
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TOPICS: eDiscovery, information management
By utalley on June 29th, 2010
Meet Healthcare Compliance Mandates and Manage Risk with a Solid Information Management Strategy and Solution
The health care industry is challenged with a huge and rapidly growing volume of patient records, emails, reports, prescriptions, insurance documents and other information – all of which have to be properly managed and stored in accordance with compliance regulations such as HIPAA. Meeting these mandates requires that organizations maintain strict governance over the privacy, security and long-term archiving of patient records and other health care-related information. And now with the American Recovery and Reinvestment Act injecting billions into health information technology projects, including stimulus funds for the adoption of Electronic Health Records technology (EHR), much more health care information will be in electronic form.
The inherently litigious environment of the health care industry, exponentially-increasing amounts of data, compounded with strict compliance requirements, are forcing hospitals and health care providers to get a better handle on their electronic information. This is not without its challenges, according to a recent article in FierceEMR, “EHR implementations open ‘cans of compliance worms,’” which discusses decisions and issues that need to be addressed when adopting EHR technology.
In the article, Cheryl Rice, VP and chief corporate responsibility officer for Cincinnati-based Catholic Health care Partners notes that one of the ‘four pressing issues’ hospitals face while converting to EHRs is audits and litigation defense. This speaks to the growing amount of discoverable information held in EHR systems, which means it is important that as health care providers increase their use of EHR systems, they also implement an information management and proactive eDiscovery solution, to help ensure compliance, and reduce litigation.
StoredIQ’s Intelligent Information Management Platform has helped many companies – including a leading health care provider – address enterprise-level information management. With our auditable solution, companies can automate their records retention and disposition strategy to comply with corporate information governance guidelines (IP, HR, trade secrets, etc.), as well as regulatory compliance mandates (PII, PCI, HIPAA, etc.) – reducing overall risk and cost. StoredIQ provides health care organizations with a range of business-critical benefits, including the ability to:
- Comply with corporate policy and government regulations
- Reduce risk, preempt litigation and avoid fines
- Protect sensitive, business-critical information
- Automate management of storage and retention policies
- Optimize storage and delete unnecessary information
As the health care industry moves toward greater use of electronic medical records, hospitals, clinics, pharmacies – any organization that is managing patient information – should have a solution that helps meet escalating compliance requirements, mitigate risk and minimize cost.
For more information on StoredIQ’s Intelligent Information Management Solution email info@storediq.com.
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TOPICS: eDiscovery, health care, information management, litigation readiness
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