ZyLAB Receives Highest Rating in Research Firm's E-Discovery and Litigation Support Vendors, 2007 MarketScope
McLean, VA - January 07, 2008 - ZyLAB, an innovative developer of Information Access Solutions, today announced that the company has received a "Strong Positive" rating in Gartner's "MarketScope for E-Discovery and Litigation Support Vendors, 2007" report (Debra Logan, December 14, 2007). According to the report, "the e-discovery market includes products and services that allow electronically stored information (ESI) of all types to be identified, preserved, collected, processes, reviewed, produced and managed over a period of time." Gartner considers companies receiving a "Strong Positive" rating to be "viewed as a provider of strategic products, services or solutions. Customers should continue with planned investments, and potential customers should consider this vendor a strong choice for strategic investments."
The ZyIMAGE e-Discovery suite offers organizations an integrated e-discovery management solution that captures, investigates, structures and discloses information in a simple, secure and efficient manner. The solution is built on a stable XML data repository and provides users with investigative tools to search, retrieve and archive vital information through a standard Internet browser. All unstructured data is stored for as long as it's needed, and integrated functionalities enable users to capture and add new data, analyze and collaborate on the data, redact specific pieces of information (if required), and retrieve and share files. Because of its modular structure, ZyIMAGE is completely scalable and therefore provides a solution to address organizational requirements at both departmental and enterprise-wide levels.
Gartner's MarketScope notes that "Spending on electronic discovery (e-discovery) software technologies and services offerings is forecast to grow at more than 35% annually through 2011. Enterprises purchasing e-discovery software can reduce the costs of litigation by improving their control over unstructured content, including e-mail. Also, they can cut costs and risks by taking control of litigation hold, litigation hold-tracking, file collection, file processing and legal review instead of outsourcing these functions."
"To be rated 'Strong Positive' by one of the world's most influential research firms for our e-discovery solution is, in my opinion, great independent validation to the over two decades of hard work building the technology and implementing it within both corporate and legal organizations around the world," said Dr. Johannes Scholtes, President, ZyLAB North America LLC. "We have an in-depth understanding of discovery and disclosure processes as well as how different software solutions should be implemented based on specific client needs, given the context of their market segment and organizational goals. We believe 2008 will be a banner year for ZyLAB with our e-discovery solution playing a key role in our success."
About the MarketScope
The MarketScope is copyrighted December 2007 by Gartner, Inc. and is reused with permission. The MarketScope is an evaluation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the MarketScope, and does not advise technology users to select only those vendors with the highest rating. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.