What is cloud hosted eDiscovery?
Cloud hosted eDiscovery software is becoming the go-to solution for the review of electronically stored information (ESI) as part of litigation or investigation matters. By hosting the eDiscovery in the cloud, you can provide document reviewers with flexible ‘anywhere anytime’ access to efficient, secure, easy-to-use platforms. All that is needed to conduct the document review process is a web browser and an internet connection.
Much like other Software-as-a-Service (SaaS) solutions, data is securely uploaded to ‘cloud’ servers owned and operated by the software vendors, i.e Nuix, Relativity or Magnet, or a selected litigation support vendor. Mandatory two factor authentication and cloud security best practices ensure the privacy of your clients’ data.
Pricing for hosted eDiscovery is based on your level of usage on a monthly basis, meaning that you only pay for the data you store and only for the duration that you store it. This allows for transparent costing information that can be regularly disbursed onto your client.
Why should I choose cloud hosted eDiscovery?
Cloud hosted eDiscovery can increase the security and privacy of the data collected by shifting the responsibility to a trusted 3rd party. Cloud hosted eDiscovery vendors such as Nuix and Relativity are required to comply with stringent information security standards.
By moving your eDiscovery review to the cloud, you can significantly reduce your capital expenditure requirements as compared to deploying an on-premise solution. In addition, the usage fees allows the costs of eDiscovery to become an operational expenditure allowing for simplified billing to your clients.
Another advantage of cloud hosting is the availability of scalable computing resources and technology assisted review (TAR) capabilities. As forensic experts, we understand the time and cost complexities involved in linear document review and the challenges associated with it. Cloud hosted eDiscovery provides you with access to the latest TAR techniques (i.e. Continuous Active Learning or CAL) which both reduce the effort required and increase the quality of the document review process.