Symantec Positioned Highest in Execution and Vision in Gartner Archiving MQ
Once again Gartner has named Symantec as a leader in the Enterprise Information Archiving magic quadrant. We’ve continued to invest significantly in this market and it is gratifying to see the recognition for the continued effort we put into archiving both in the cloud and on premises with our Enterprise Vault.cloud and Enterprise Vault products. Symantec has now been rated a leader 9 years in a row. This graphic was published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document. The Gartner document is available upon request from Symantec. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. This year marks a transition in a couple of regards. We are seeing an acceleration of customers looking for the convenience and simplicity of SaaS based archiving solution. The caveat being that they want the security and trust that only a vendor like Symantec can deliver. Similarly the market has continued to ask for integrated solutions that deliver information archiving and eDiscovery to quickly address often complex and time sensitive process of litigation and regulatory requests. The deep integration we offer between our archiving solutions – Enterprise Vault and Enterprise Vault.cloud – and the Clearwell eDiscovery Platform has led many customers to deploy these together to streamline their eDiscovery workflow. An archive is inherently deployed with the long term in mind. Over the history of Gartner’s Enterprise Information Archiving MQ, only Symantec has provided a consistent solution to customers by investing and innovating with Enterprise Vault to lead the industry in performance, functionality, and support without painful migrations or changes. We’re excited about what we have planned next for Enterprise Vault and Enterprise Vault.cloud and intend to maintain our leadership in the years to come. Our customers will continue to be able to manage their critical information assets and meet their needs for eDiscovery and Information Governance as we improve our products year after year.
Symantec Positioned as a Leader in Magic Quadrant for E-Discovery Software
Symantec is pleased to announce that it has been positioned by Gartner, Inc. in the Leaders quadrant of the 2012 Magic Quadrant for E-Discovery Software.¹ The Magic Quadrant positions vendors based on their ability to execute and completeness of vision.Gartner Publishes eDiscovery MarketScope (Pre-Cursor To eDiscovery Magic Quadrant)
Earlier today, Gartner published its eDiscovery MarketScope for 2009. Written by Debra Logan, John Bace, and Whit Andrews, it is perhaps the most comprehensive "buyers guide" available for companies interested in using electronic discovery technology to lower costs. The eDiscovery MarketScope analyzes about 20 software companies focused on electronic data discovery. Based on extensive interviews with end customers and data from the companies themselves, Gartner rates the companies using criteria similar to those used in its famous Magic Quadrant reports. It also identifies market trends, and makes predictions for 2009 and beyond. This report is required reading for anyone considering an investment in eDiscovery software, and I strongly recommend that you get a copy, either from Gartner or some other authorized source. To give you a flavor for Gartner's analysis, a few of its main conclusions are as follows: 1. Bringing eDiscovery In-House Dramatically Reduces Cost This is a claim that electronic discovery software vendors often make, and prospective customers rightly question. Gartner investigates and finds that many of its corporate clients are saving large amounts of money by using eDiscovery software to reduce the amount they spend on lawyers and legal service providers. It reports that customers typically recover their money from buying eDiscovery software within 3-6 months of implementation. 2. There's No Single, End-To-End Solution For eDiscovery Gartner addresses what is probably the most common question I get asked by corporate counsels and litigation support managers - namely, "Isn't there a single product I can buy that will do end-to-end eDiscovery, covering all aspects of the EDRM?" The answer, of course, is "no" and Gartner goes further by predicting that the answer will remain "no" until at least 2011. So, for the foreseeable future, customers will need to buy best-of-breed products from different vendors for different stages of the EDRM model, and ensure they integrate smoothly. 3. There Are 4 Leading eDiscovery Software Companies Company Product Clearwell Clearwell E-Discovery Platform FTI Attenex, RingTail Symantec Discovery Accelerator Zylab E-Discovery Management Module List of vendors achieving highest rating of "strong positive" (from Figure 2, page 10) Of all the companies it analyzed, Gartner only gives 4 its highest rating of "strong positive". Each of the four has different strengths. For processing, analysis and review, Clearwell is "fast-to-install and easy-to-use" (page 12) , while FTI's ability to offer Attenex / RingTail either hosted or on-premise "positions it well for the future" (page 13) . Symantec's leadership in email archiving makes Discovery Accelerator a good option for its customers who need to search and export data from Enterprise Vault. Finally, Zylab is well-known within law-enforcement circles and has a strong presence in Europe and Asia. 4. There Will Be Consolidation In The Next 12 Months As the market matures, Gartner predicts that as many as 25% of eDiscovery software providers will either merge, be acquired, or exit the business. Access Data's ambitious bid for Guidance has publicly put Guidance in play. Beyond that, Gartner suggests that Kazeon and several other players are all likely acquisition targets for larger companies wishing to enter the eDiscovery space. Of course, Gartner is not the only influential voice in eDiscovery. Earlier this year, George Socha and Tom Gelbmann published their Socha-Gelbmann Survey, which also provides a valuable perspective on the market. How do the two reports compare? That will be the subject of my next post.
