 |
| Survey Results |
| |
Back to 2007 Survey | Market
Size and Growth | Top-Ranked
Services Providers | Top-Ranked Software
Providers | Search Provider Rankings | Independence & Disclosure | Sample | Purchase | Contact
Us |
| |
The overview results of the 2007 Socha-Gelbmann Electronic Discovery Survey Report are available here in summary form. The full report - 335 pages long - is available for purchase.
The public report was in the August issue of Law Technology News and is on LTN's website at Law Technology News. You also can download a PDF version.
Survey rankings can be searched at http://www.sochaconsulting.com/topproviders.php |
| |
| Market Size and
Growth |
| |
| Our survey covered the 2006 calendar year. Based on our research, we estimate that 2006 commercial electronic discovery revenues were in the range of $1.952 billion - up 51% from 2005: |
| |
| 2006 Total Estimated Electronic Discovery Market |
| Tiers |
Estimated 2006 Revenues |
| Tier 1 |
$1.080B |
| Tiers 2 & 3 |
$592M |
| Do-It-Yourself |
$130M |
| Software |
$150M |
| Total |
$1.952B |
|
| |
| As in the past, we used consumer and provider expectations to prepare projections for market growth (or shrinkage) over the next three years - 2007, 2008 and 2009. Judging from those expectations, we anticipate that market growth will continue to be strong with increases of approximately 33% from 2006 to 2007, another 28% from 2007 to 2008, and 23% from 2008 to 2009. |
| |
| Projected Electronic Discovery Market Growth - Based On Consumer Expectations |
| Year |
Projected Market Size |
| 2007 |
$2.600B |
| 2008 |
$3.320B |
| 2009 |
$4.077B |
|
| |
| The chart below shows these estimates and projections, and compares them with estimates and projections from our earlier reports: |
 |
|
| |
| Top-Ranked
Electronic Discovery Service Providers |
| |
| Overall | By Corporate & Law Firm Rankings | By Stage of Electronic Discovery (EDRM) |
| |
As with any top-X list, it is important to keep these lists in context and use them only as appropriate. You should not choose a provider based solely on these lists, or solely on the basis of any other top-X list. The factors we examined may not apply to your circumstances, and mostly likely will not apply with the specific weightings and ratings we used. In addition, you will have needs and considerations we could not have taken into account.
It also is important to note that our evaluation model relies heavily on information provided through interviews or questionnaires (spreadsheets). We recognize that there are other vendors with the qualifications to rank within the top X, however the data on them was not available to us. Some providers, including prominent ones, did not provide any data and others, including prominent ones, provided only limited information. |
| |
| The Top 20 Electronic Discovery Service Providers - Overall |
| |
We ranked electronic discovery service providers based on a set of seven
criteria:
- Experience and reputation (10%)
- Capacity (20%)
- Types of services (20%)
- Software usage (10%)
- Law firm rankings (15%)
- Corporate rankings (10%)
- Revenue estimates (15%)
To arrive at our ranking, we gathered information
for each of the criteria, rated the information, and weighted the
results. Weighting of each of the seven criteria is based on our
judgment of relative importance of each factor, with the goal of
providing a result that rewards the “well rounded” providers.
We used a blend of criteria because we felt
it would provide a more nuanced ranking than could be had using
any single criterion, such as revenue.
In the lists below, (L) = the listing at the Socha Consulting vendor page, where you can see information about services offered, geographical coverage, and office locations.
According to our survey results, the top five market leaders in 2006 were, in alphabetical order: |
| |
Top 5 Electronic Discovery Service Providers
Based on 7 Criteria
Sets
Alphabetical Order |
| Autonomy ZANTAZ |
|
| FTI Consulting |
|
| Guidance Software, Inc. |
|
| Kroll Ontrack |
|
| LexisNexis |
|
|
| |
| The next five after that were, in alphabetical
order: |
| |
Top 6-10 Electronic Discovery Service Providers
Based on 7 Criteria
Sets
Alphabetical Order
Includes Ties |
| Electronic Evidence Discovery, Inc. |
|
| Encore Discovery Solutions |
|
| Ernst & Young |
|
| Fios, Inc. |
|
| KPMG LLP |
|
| Renew Data Corp. |
|
|
| |
| Ranking 11-20 were, in alphabetical order: |
| |
|
| |
|
| |
| The Top Electronic Discovery Service Providers - By Experience, Capacity, Corprate & Law Firm Ranking |
| |
| Follwing are service provider rankings by top-level category for four of the sets of criteria we used - experience, capacity, corporate and law firm rankings: |
| |
| 1-5 = |
 |
|
6-10 = |
 |
|
11-20 = |
 |
|
(L) = Listing at Socha Consulting vendor page |
|
| |
| Provider |
Experience |
Capacity* |
Corporate Rankings |
Law Firm Rankings |
|
| American Document Management |
|
|
|
|
|
| Autonomy ZANTAZ |
|
|
|
|
|
| Capitol LLC |
|
|
|
|
|
| CaseCentral, Inc. |
|
|
|
|
|
| Cricket Technologies |
|
|
|
|
|
| D4 LLC |
|
|
|
|
|
| Daticon |
|
|
|
|
|
| Discovery Mining Inc. |
|
|
|
|
|
| DocuLegal |
|
|
|
|
|
| DTI Global (Document Technologies, Inc.) |
|
|
|
|
|
| Electronic Evidence Discovery, Inc. |
|
|
|
|
|
| eMag Solutions |
|
|
|
|
|
| Encore Discovery Solutions |
|
|
|
|
|
| Epiq Systems, Inc. |
|
|
|
|
|
| Ernst & Young |
|
|
|
|
|
| Fios, Inc. |
|
|
|
|
|
| First Advantage Litigation Consulting |
|
|
|
|
|
| FTI Consulting |
|
|
|
|
|
| Guidance Software, Inc. |
|
|
|
|
|
| Integreon Managed Solutions, Inc. |
|
|
|
|
|
| JurInnov Ltd. |
|
|
|
|
|
| Kiersted/Systems, Inc. |
|
|
|
|
|
| KPMG LLP |
|
|
|
|
|
| Kroll Ontrack |
|
|
|
|
|
| LexisNexis |
|
|
|
|
|
| LIT Group, Inc. |
|
|
|
|
|
| Merrill Corporation |
|
|
|
|
|
| Océ Business Services |
|
|
|
|
|
| ONSITE3 |
|
|
|
|
|
| Renew Data Corp. |
|
|
|
|
|
| SPi |
|
|
|
|
|
| Stratify, Inc. |
|
|
|
|
|
| SysInformation |
|
|
|
|
|
| TrialGraphix |
|
|
|
|
|
| TRILANTIC |
|
|
|
|
|
|
| |
| |
|
| |
| The Top Electronic Discovery Service Providers - By Stage of Electronic Discovery (EDRM) |
| |
| Once again, we have ranked service providers based on the Electronic Discovery Reference Model stages: |
| |
| 1-5 = |
|
|
6-10 = |
|
|
(L) = Listing at Socha Consulting vendor page |
|
| |
|
|
| |
| Top-Ranked Electronic Discovery
Software Providers |
| |
| Overall | By Corporate & Law Firm Rankings | By Stage of Electronic Discovery (EDRM) |
| |
As with any top-X list, it is important to keep these lists in context and use them only as appropriate. You should not choose a provider based solely on these lists, or solely on the basis of any other top-X list. The factors we examined may not apply to your circumstances, and mostly likely will not apply with the specific weightings and ratings we used. In addition, you will have needs and considerations we could not have taken into account.
It also is important to note that our evaluation model relies heavily on information provided through interviews or questionnaires (spreadsheets). We recognize that there are other vendors with the qualifications to rank within the top X, however the data on them was not available to us. Some providers, including prominent ones, did not provide any data and others, including prominent ones, provided only limited information. |
| |
| The Top 20 Electronic Discovery Software Providers - Overall |
| |
We ranked electronic discovery software providers based on a set of seven criteria similar to the ones we used for service providers:
- Experience and reputation (10%)
- Nature & scope of software offered (5%)
- Capacity (10%)
- How extensively consumers used the software offered (35%)
- Law firm rankings (15%)
- Corporate rankings (10%)
- Revenue estimates (15%)
To arrive at our ranking, we gathered information for each of the criteria, rated the information, and weighted the results. Weighting of each of the seven criteria is based on our judgment of relative importance of each factor, with the goal of providing a result that rewards the “well rounded” providers.
We used a blend of criteria because we felt it would provide a more nuanced ranking than could be had using any single criterion, such as revenue.
In the lists below, (L) = the listing at the Socha Consulting vendor page, where you can see information about services offered, geographical coverage, and office locations.
According to our survey results, the top five market leaders in 2006 were, in alphabetical order: |
| |
Top 5 Electronic Discovery Software Providers
Based on 7 Criteria
Sets
Alphabetical Order |
| Attenex Corporation |
|
| CT Summation, Inc. |
|
| FTI Consulting |
|
| Guidance Software, Inc. |
|
| LexisNexis |
|
|
| |
| The next five after that were, in alphabetical order: |
| |
|
| |
|
| |
| The Top Electronic Discovery Software Providers - By Corporate & Law Firm Ranking |
| |
| For the first time, we are disclosing software provider rankings by top-level category for two of the sets of criteria we used - corporate and law firm rankings: |
| |
| 1-5 = |
|
|
6-10 = |
|
|
(L) = Listing at Socha Consulting vendor page |
|
| |
| r
| |
| |
|
| |
| The Top Electronic Discovery Software Providers - By Stage of Electronic Discovery (EDRM) |
| |
| In another first, we have ranked software providers based on the Electronic Discovery Reference Model stages: |
| |
| 1-5 = |
|
|
6-10 = |
|
|
(L) = Listing at Socha Consulting vendor page |
|
| |
|
| |
|
| |
| Independence & Disclosure |
| |
| The 2007 Socha-Gelbmann Electronic Discovery Survey is an independent survey conducted by two independent consultants, George Socha and Tom Gelbmann. |
| |
| We are not affiliated with any provider or consumer of electronic discovery services or software. Although we always are open to suggestions about how to improve our survey, we do not allow any provider or consumer to participate in the construction of the model we use to gather and evaluate information about the electronic discovery market. We do not allow any provider or consumer to assist in gathering data, other than as interviewees or by completing spreadsheet files sent to them at their request. We also do not allow any provider or consumer to assist in evaluating the data we obtain or in preparing any of our reports. |
| |
| Since 2003, Socha Consulting has
provided paid consulting services to, has received software at no charge from, or has been reimbursed for
travel expenses) by 14 of the 43 electronic discovery services and software providers named in this report. Additionally,
Socha Consulting has provided consulting services to a number of
services and software providers not ranked in this report, including
potential electronic discovery providers, electronic discovery consumers,
venture capital groups, private equity firms, and others. |
| |
|
| |
| Sample |
| |
| To go to a PDF file containing the 2007
Survey report table of contents, table of tables and table of figures,
click here. |
| |
|
| |
| Purchase |
| |
| The purchase price is $3,000, discounted from $5,000. The Survey report is available as a PDF file. |
| |
| To purchase the a copy of the survey report, contact us by email (2007survey@sochaconsulting.com) or phone (George at 651.690.1739 or Tom at 651.483.0022) |
|
| |
| The Survey is for internal usage only and not for redistribution. |
| |
| The public report was in the August issue of Law Technology News and is on LTN's website at Law Technology News. You also can download a PDF version. |
| |
Thank you,
George and Tom |
|
|
