![]() North America was the largest region in the ediscovery market in 2022.Asia-Pacific is expected to be the fastest-growing region in the forecast period. Electronic discovery also referred to as electronic discovery process of obtaining and exchanging evidence in a legal case or investigation. They are used when involved parties are required to provide relevant records and evidence related to a case. Only goods and services traded between entities or sold to end consumers are included.ĮDiscovery refers to services used for obtaining and exchanging electronic data that is sought, located, secured and searched by organizations in the initial phases of litigation. The eDiscovery market includes revenues earned by entities by providing services such as emails, documents CAD/CAM files, databases, image files, instant messaging chats from Slack.The market value includes the value of related goods sold by the service provider or included within the service offering. The ediscovery market is expected to grow to $19.51 billion in 2027 at a CAGR of 8.2%. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The global ediscovery market grew from $13.15 billion in 2022 to $14.23 billion in 2023 at a compound annual growth rate (CAGR) of 8.3%. , Catalyst Repository Systems, Consilio LLC, Everlaw Inc., Guidance Software Inc and ONE Discovery Inc., EDRM XML: To develop an XML schema to facilitate movement of electronic information from one stage of the electronic discovery process to the next, one software program to the next, and one organization to the next.New York, Ma(GLOBE NEWSWIRE) - announces the release of the report "eDiscovery Global Market Report 2023".EDRM Metrics: To provide a standard approach and a generally accepted language for measuring the full range of electronic discovery activities.Daticon EED participates in the following EDRM projects: Launched in May 2005, the Electronic Discovery Reference Model (EDRM) project was created to deal with the lack of standards and guidelines in the electronic discovery market. Industry Involvement ĭaticon EED is the founding sponsor of both the Electronic Document Retention and Production workgroup and the International Electronic Information Management Discovery and Disclosure workgroup of the Sedona Conference. In June 2008, EED acquired Daticon LLC, a Connecticut-based provider of early case assessment, electronic discovery, consulting and archive services and changed its brand name to Daticon EED. ![]() Daticon EED has also developed an eDiscovery process manager for IBM's Electronic Content Management (ECM) platform on top of IBM's Filenet P8 platform. In February 2008, Daticon EED formed a partnership with IBM to provide process design consulting and corporate litigation readiness services to IBM customers and reactive services for individual outsourced litigations. Since its founding, the company has been responsible for many industry firsts in the field of electronic discovery, including forensic collection software in 1987 and an online review application in 1994. Jessen founded Daticon EED in 1987 to address the need for electronic evidence discovery after a lawyer hired him to examine a home computer. It is headquartered in Kirkland, WA with regional operations in Chicago, New York, Connecticut, Washington, D.C., California and the United Kingdom. Jessen, the company has contributed to many innovations in the industry and significantly expanded its service offerings and altogether worldwide presence. Electronic discovery services and software, Process consultingĭaticon EED, Inc., formerly known as Electronic Evidence Discovery, Inc., is a pioneer in the electronic discovery industry.
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