SOURCE: Recommind

Recommind

December 29, 2009 15:30 ET

Recommind Receives "Positive" Rating in Leading Analyst Firm's Marketscope for E-Discovery

SAN FRANCISCO, CA--(Marketwire - December 29, 2009) - Recommind, the leader in search-powered Information Risk Management (IRM) software, today announced it received a "Positive" rating in Gartner's "MarketScope for E-Discovery Software Product Vendors." Recommind was one of 18 vendors evaluated in the report, which looked at criteria including offering strategy, overall viability, sales execution and pricing, market understanding and customer experience.

"We believe this rating highlights Recommind's continued success in the eDiscovery market, as leading law firms and large enterprises have realized that implementing a next-generation eDiscovery platform is absolutely vital to their long-term health and success. A third of the AmLaw 100 and an increasing number of Fortune 100 companies rely on Recommind to streamline their information management efforts and reduce costs at multiple points in the eDiscovery process," said Robert Tennant, CEO of Recommind. "We are committed to helping organizations around the world minimize information risk and return their data stores to a competitive advantage. Our significant growth over the past year demonstrates the strong worldwide demand for our cost-effective, end-to-end eDiscovery platform."

Using its unique Explore in Place™ feature, Insite Legal Hold™ allows enterprises to quickly and accurately assess ESI where it resides before it is collected and placed on hold in response to an investigation or lawsuit. With its Predictive Coding™ technology, Axcelerate eDiscovery™ is the only eDiscovery solution on the market that organizes, prioritizes and reviews terabytes of data automatically. As the industry's only end-to-end platform, the two integrated products dramatically improve the speed and accuracy of the legal hold, analysis and review processes while drastically reducing the cost of eDiscovery.

About the MarketScope

The MarketScope is copyrighted 2009 by Gartner, Inc. and is reused with permission. The MarketScope is an evaluation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the MarketScope, and does not advise technology users to select only those vendors with the highest rating. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Recommind

Recommind's search-powered Information Risk Management (IRM) software automatically organizes, accesses, collects and analyzes large volumes of information from myriad sources to address an enterprise's critical eDiscovery, compliance, records management and knowledge management needs. With faster, more accurate access to and greater control over information, organizations can lower risk, improve productivity, increase the value of information assets, and improve competitiveness and profits. Recommind customers include Bertelsmann, BMW, DLA Piper, Eversheds, Novartis, Shearman & Sterling and Verizon. Recommind is headquartered in San Francisco and has offices in New York, Atlanta, Boston, Chicago, Houston, Washington DC, London and Bonn, Germany. For more information, email info@recommind or go to http://www.recommind.com

Contact Information

  • Contact:
    Christine Huynh
    LEWIS PR for Recommind
    617 226 8840
    Email Contact