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Recommind Achieves Top Ranking In 2008 Socha-Gelbmann Electronic Discovery Survey
Flagship Axcelerate™ eDiscovery Application Listed Among Industry Leaders in Customer Satisfaction, Frequency of Use
SAN FRANCISCO, JULY 22, 2008 - Recommind, a leading provider of enterprise search, email management and eDiscovery systems for enterprises and law firms, announced today that its unique Axcelerate™ eDiscovery software has quickly achieved a top ranking in the 2008 Socha-Gelbmann 6th annual Electronic Discovery Survey. The survey recognizes Recommind as one of the top software vendors in the eDiscovery space.
“We surveyed 155 organizations — 107 services and software providers, 29 law firms and 19 corporations – for the most detailed profile we’ve ever conducted of the eDiscovery industry,“ said George Socha, founder of Socha Consulting LLC. “Recommind’s ranking reflects survey participants’ satisfaction with Axcelerate eDiscovery and the frequency with which they use the software.”
Announced in August 2007, Axcelerate™ eDiscovery offers revolutionary early case assessment (ECA), automatic coding, review and analysis technology that dramatically improves the way litigation review and analysis is conducted. Using its award-winning conceptual search and unique First-Pass Review™ and One-Click Coding™ functionality, Axcelerate eDiscovery is able to automatically assess document responsiveness, privilege and issue relation before the review process begins. This process drastically reduces the amount of time required to organize and conduct document review and analysis while simultaneously increasing review accuracy and consistency.
“Recommind’s strong pedigree as the leading conceptual search and auto-categorization vendor to large enterprises and law firms made us the ideal choice for creating a game-changing ECA and document review solution,” said Craig Carpenter, VP of Marketing and General Counsel, Recommind. “Working with our customers, we created Axcelerate eDiscovery to support far quicker and more accurate and efficient ECA and document review. Our high ranking in the Socha-Gelbmann survey, achieved less than a year after announcing Axcelerate eDiscovery, testifies not just to the power and effectiveness of our product, but the strong relationships we build with our clients.”
The Socha-Gelbmann Electronic Discovery survey, published annually since 2003, has become a standard reference for the size, scope and growth of the electronic discovery market. It gathers data through confidential interviews and self-reported information from eDiscovery customers, service providers and software providers, as well as an array of secondary sources. The 2008 participants included a wide variety of law firms and some of the largest companies in America.
About Recommind
Recommind’s enterprise search and categorization platform automatically organizes, manages, and distributes large volumes of information from multiple sources. With faster access to the right information, organizations can save time, enhance the quality of work product, increase the value of information assets, and improve competitiveness and profits. Recommind customers include Bertelsmann, BMW, Cleary Gottlieb, Davies Arnold Cooper, Novartis, Lewis Silkin, Shearman & Sterling and the Australian Government. Recommind is headquartered in San Francisco and has offices in New York, Boston, Chicago, Atlanta, London, and Bonn, Germany.
For more information, email info@recommind.com, or go to www.recommind.com.
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