Gartner reports that 85 percent of information in a company is unstructured – IBM estimates 80 percent – and that an organization’s information doubles every 18 months.…
Compliance is becoming more complicated and time consuming. More than 100,000 international laws and regulations are potentially relevant to Forbes Global 1000 companies. It’s no wonder that more and more organizations are facing non-compliance issues and more litigation.…
McLean, VA, US and Stevenage, UK – September 9, 2015
Concept Searching, the global leader in semantic metadata generation, auto-classification, and taxonomy management software, and developer of the Smart Content Framework™, is pleased to announce the availability of webinars focused on the customer, and includes guest speakers from diverse organizations and industries, who have deployed Concept Searching technologies to automatically generate business critical metadata to solve a variety of business challenges.…
According to Robert Hilson, Director at Logikull, a discovery automation platform company, in his recent blog, ‘How much does eDiscovery cost the US every year? He calculated the costs of eDiscovery, and the result is mind boggling.…
At last count, over 15 million lawsuits are filed annually in the U.S., giving us the dubious distinction of generating more lawsuits than any other country in the world. eDiscovery, is naturally a big deal, to say the least.…
Because of all the recent hype provided by Microsoft on Office 365, I happened to be doing some research on competitive products and ran across a legal article that posed some questions for me.…
I had to at least peek at an article authored by Lucas Mearian, simply because of the title, ‘Lawyers smell blood in electronic medical records‘, published in ComputerWorld.…
Concept Searching is pleased to have sponsored the AIIM industry watch white paper ‘Connecting and Optimizing SharePoint – Important Strategy Choices’. The report, authored by Doug Miles, Director of Market Intelligence Division at AIIM, represents survey feedback from 422 individual members of the AIIM community.…
The average Fortune 500 companies have 125 lawsuits at any given point. The average cost of eDiscovery per lawsuit is now creeping upwards of $3 million.
According to a recent AIIM presentation, Are You Prepared for Digital Disruption 2015 Predictions:
- 47% of organizations feel universal search and compliant eDiscovery is becoming near impossible
- 53% of organizations admit their legal discovery procedures are “ad hoc, manual, disruptive, and expensive”
- 24% of organizations have had a compliance issue around litigation and discovery within the last two years
Not really good news if you happen to be in the midst of a lawsuit.…
Is the problem the end user, or the organization? Manual metadata tagging, even if using drop-down boxes for assistance will fail. Because we are human, the metadata will be inconsistent (you say potato, I say potahto), subjective, and costly.…
