Industry analyst firm IDC has named Guidance Software a leader in early case assessment (ECA) in a new report, the "IDC MarketScape: Worldwide Standalone Early Case Assessment Applications 2011 Vendor Analysis."
The report is IDC's first in-depth analysis of early case assessment applications, a fast-growing segment of the electronic discovery (e-discovery) market. IDC expects revenue for the standalone ECA applications market will total $400.8 million in 2011 and will reach $857.0 million in 2015.1
The need for early case assessment tools has grown in recent years as costs associated with e-discovery have escalated. ECA applications can help organizations achieve substantial cost and time-savings by enabling legal teams to have the metrics and insights needed to make informed decisions about case merits, risks and expected costs at the outset of a legal event.
"The value of early case assessment rests in its ability to enable better, faster case strategy decisions," said Victor Limongelli, president and chief executive officer, Guidance Software. "With EnCase, organizations can do case assessment truly early — including before and during collection and preservation. This unique capability gives our customers a clear advantage with assessment before collection, compared to other solutions that need to first have collection and processing complete, which could take weeks."
The IDC MarketScape evaluated early case assessment application vendors; reviewing their current capabilities and individual long-term strategies that impact their ability to meet evolving requirements, execute their go-to-market and product strategies, and gain market share going forward. The IDC MarketScape document scored and ranked vendors based on qualitative and quantitative criteria.
Read the news release. Download a complimentary excerpt of the report.
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