e-discovery 2.0

Earlier this month, Gartner published its third annual MarketScope For E-Discovery Product Vendors. Written by Debra Logan, Whit Andrews, and John Bace, the report is an excellent survey of this rapidly evolving market. It is also a useful buyer’s guide for anyone considering a purchase of electronic discovery software, since it analyzes and rates various e-discovery players. You can buy the report at Gartner’s site, or access a complimentary copy here.

The report covers 18 e-discovery software vendors. Missing from the report are e-discovery hosted/software-as-a-service (SaaS) providers and small e-discovery software vendors. Gartner believes the market is maturing and only larger companies are viable in the long run. So it increased the minimum annual revenue requirement for inclusion in the report to $15 million.

My guess is that next year Gartner will discontinue the MarketScope and move instead to a Magic Quadrant for e-discovery software. Doing so would be very helpful for the entire industry. Now that George Socha and Tom Gelbmann no longer publish their annual rankings, Gartner’s report is the only way for people to get a sense for how different products compare against each other. That alone makes it required reading for anyone considering an investment in e-discovery software.

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