ZyLAB named a “Leader” in Analyst Firm’s 2015 Magic Quadrant for eDiscovery Software
Tuesday, August 18, 2015
Posted by: ACEDS
Independent Analysis of Offerings Based on Completeness of Vision and Ability to Execute
McLean, VA –ZyLAB, a leading provider of eDiscovery and information risk management technology, today announced that it is proud to be positioned by Gartner, Inc. in the “Leaders” quadrant of the Magic Quadrant for eDiscovery Software report. The report that was published on May 18, 2015 provides an independent evaluation of 20 eligible eDiscovery software vendors and an analysis of their respective abilities to execute and the completeness of their visions.
The report only includes vendors that satisfy Gartner’s quantitative requirements for market penetration and customer base. According to the report, “As the e-discovery software market continues to evolve, the Leaders are characterized by several different capabilities:
- Solid functionality that meets one or more requirements of both the left-hand and the right-hand side of the EDRM.
- Technology offering that distinguishes themselves for strategic adoption with an ambitious roadmap.
- Business models that clearly demonstrate that their focus is software development and sales. (Note: Mixed software and service models do not prevent a vendor from being a Leader as long as the vendor’s commitment to software development and technology innovation is evidenced by product roadmaps and the size of its development teams, which should compare favorably with its professional services personnel.)
- A good mix of corporate, law firm, service provider and global jurisdiction buying centers.
- Good performance financially in terms of market share gains and positive growth.”
The annual report evaluates the eDiscovery software vendors on their respective abilities to execute and the completeness of their vision.
The market covered by the Magic Quadrant contains vendors of eDiscovery software for the identification, preservation, collection, processing, review, analysis and production ESI in support of the common law discovery process in litigation or other investigative proceedings, regardless of delivery method. Gartner concludes that controlling risk and cost remains the primary business goal for seeking better and more effective e-discovery solutions.
“We believe being positioned as leader confirms our visionary ability to answer to the markets demand for newer and innovative technologies that support lower cost and faster performance” said Johannes Scholtes, Chief Strategy Officer for ZyLAB. “Many organizations realize that the traditional project-based approach to eDiscovery is no longer sustainable. We address the need for agile, transparent and less expensive approaches to eDiscovery, and in the meantime respond to the emerging requirement to expand the consideration of eDiscovery scope and technology usage to include new types of content from new sources, like the cloud.”
To learn more about ZyLAB’s eDiscovery and information governance technology and services, please visit www.zylab.com or contact Annelore van der Lint (Annelore.firstname.lastname@example.org or +1 917 297 7720
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
ZyLAB’s industry-leading, modular eDiscovery and Intelligent Information Governance technology puts organizations in command of boundless enterprise data in order to increase productivity, mitigate risk, reduce costs, investigate matters and elicit business knowledge and intelligence.
The company’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. ZyLAB systems are also available in a Software-as-a-Services (SaaS) model.
ZyLAB has received numerous other industry accolades over the last 3 decades.
Headquartered in Amsterdam, the Netherlands and McLean, Virginia, ZyLAB also serves local markets from regional offices in New York, Barcelona, Frankfurt, London, Paris, and Singapore. To learn more about ZyLAB visit www.zylab.com