Magazine article Information Today

RenewData: Ease of E-Discovery

Magazine article Information Today

RenewData: Ease of E-Discovery

Article excerpt

For any legal team, e-discovery is much the same as looking for a needle in a haystack. Legal professionals comb through documents in search of critical data that can make or break a case. But this deep dive into structured and unstructured data can be as costly as it is time-intensive.

Andy Kraftsow, chief scientist at RenewData, says one of the biggest trends in e-discovery is cost. In the past 10-15 years, the cost of collecting data has gone from about $6,000 per gigabyte to $150 per gigabyte, which translates to about 5 cents a document, he says. "While this is a huge drop, we're now working with data that has increased to the equivalent of 2.5 War and Peace novels of email per day."

Another big challenge is the vast amounts of structured and unstructured data that enterprises deal with on a daily basis. In today's work environment, communication options abound from documents to email to Dropbox to instant messaging and Facebook. "Organizations are finding that information is leaking out from firewalls everywhere," says Kraftsow.

Although costs for storing these massive amounts of data have dropped, the question remains what data must be kept to adhere to regulatory and compliance mandates. Any of the latest best-of-class tools offer ways to process data efficiently, and it's vital to start with how data is initially collected and stored, says Kraftsow. This ensures that the right metadata is attached from the get-go so that data can be found and retrieved faster and easier. …

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