eDiscovery Costs

Forrester Research predicts that eDiscovery technology spending will jump from $1.4 billion in 2006 to more than $4.8 billion in 2011.  As enterprises struggle to create electronic discovery systems, the need for records management will create significant market growth.  Forrester stresses the need to assemble the right team of legal, records management, and IT experts to craft eDiscovery solutions.  They also predict that a fragmented technology marketplace that may require using multiple vendors or to outsource.  For the full report see Barry Murphy's December 11, 2006 report Believe It -- eDiscovery Technology Spending To Top $4.8 Billion by 2011.

Posted by Faye Jones