Stratify Legal Discovery OnPoint Simplifies eDiscovery and Radically
Reduces Costs
BOSTON, May 19, 2010 (BUSINESS WIRE) --Iron
Mountain Incorporated (NYSE: IRM), the information management
company, today announced the release of Stratify
Legal Discovery(R) OnPoint, a new hosted eDiscovery offering that
simplifies eDiscovery while reducing costs by delivering freeprocessing
and loading ofunlimited data for early stage filtering to drive
high-productivity review. Hands-on control of data from the start of a
matter coupled with advanced analytics and filtering technologies will
enable attorneys to leapfrog linear review methodologies while
establishing a defensible process for selecting responsive data. A
one-time fee starting at $500 per gigabyte pertains only to reviewable
data.
"With this offering, Iron Mountain is disrupting cloud-based eDiscovery
by removing the price barrier to early stage filtering regardless of
data volumes, extending its flexible, easy to use review capabilities,
and providing clients with one-stop-shop accountability," said Vivian
Tero, program manager, Governance, Risk, & Compliance Infrastructure,
IDC. "Iron Mountain is making a compelling case for simple, cloud-based
eDiscovery that enables corporate counsel and their outside counsel to
aggressively reduce costs without sacrificing any of the advanced
capabilities or service levels that are required for successful
eDiscovery."
Free and unlimited early stage filtering of ever-increasing data volumes
and low-cost review provide attorneys the flexibility and control they
need to manage their matters efficiently, increase review productivity
and accuracy, and satisfy increasing regulatory and judicial
expectations within tight timeframes. Stratify Legal Discovery OnPoint's
analytical techniques, including enterprise-grade search, metadata-based
faceted search, automatic concept organization, and random sampling
technologies contribute to a defensible process for selecting responsive
data. Throughout the duration of each matter, attorneys can return to
the full volume of restored, unfiltered data to identify additional
documents to be included in the review interface.
"As the eDiscovery market has rapidly evolved, we've been asking our
clients how the next generation of Stratify Legal Discovery could best
meet their needs," said Ramana Venkata, president, Iron Mountain
Digital. "By leveraging Iron Mountain's investment in advanced
eDiscovery technologies, a global client services organization, and
highly scalable cloud datacenters, the new paradigm we are introducing
with Stratify Legal Discovery OnPoint achieves our clients' key
objectives: simple eDiscovery with intelligent technologies to
aggressively reduce costs."
The intuitive interface of Iron Mountain's Stratify Legal Discovery
OnPoint provides clients with an advanced set of eDiscovery analytics to
increase review productivity. Clients can also choose to supplement
their review with advanced capabilities to support complex languages
and/or multi-party/review team and automated workflows based on the
requirements of the matter.
In conjunction with the new offering, Iron Mountain is adding
functionality to Stratify Legal Discovery to accelerate early stage
filtering, enhance reviewer efficiencies and facilitate quality control.
These enhancements include:
- Random Sampling - Attorneys can randomly sample the document
universe to identify key custodians and keywords for filtering,
configure Smart Issue folders and develop automated workflows to guide
the review. Random sampling techniques also enable attorneys to
effectively and efficiently validate and check tagging, review
accuracy, reviewer quality, and document productions, especially in
large or complex legal matters.
- Advanced IBM Lotus Notes(R) Support - Stratify Legal Discovery
will now renderLotus Notes emails and complex form types
containing semantically rich presentation with Notes native "look and
feel" to ensure accurate review. While preserving compound documents
and custom forms and layouts characterized by rich text data including
fonts and formatting, Notes security credentials are managed
automatically, and potential different representations of email sender
and/or recipient information are also retained 'as is.'
About Iron Mountain Digital
Iron Mountain Digital is the world's leading provider of information
management services for data protection and recovery, archiving,
eDiscovery and intellectual property management. The technology arm of
Iron Mountain Incorporated offers a comprehensive suite of solutions to
thousands of companies around the world, directly and through a
worldwide network of channel partners. Iron Mountain Digital is based in
Southborough, Mass.
About Iron Mountain Incorporated
Iron Mountain Incorporated (NYSE: IRM) provides information management
services that help organizations lower the costs, risks and
inefficiencies of managing their physical and digital data. The
company's solutions enable customers to protect and better use their
information--regardless of its format, location or lifecycle stage--so
they can optimize their business and ensure proper recovery, compliance
and discovery. Founded in 1951, Iron Mountain manages billions of
information assets, including business records, electronic files,
medical data, emails and more for organizations around the world. Visit www.ironmountain.com
or follow the company on Twitter www.twitter.com/IronMountainInc
for more information.
SOURCE: Iron Mountain Incorporated
Iron Mountain Incorporated
Laura Sudnik, 508-808-7528
Laura.Sudnik@ironmountain.com
or
Kaitlin Barry, 617-520-7018
Kaitlin.Barry@webershandwick.com