NEW YORK -- Index Engines, the leader in next-generation enterprise discovery solutions, today unveiled a milestone in electronic discovery with the Index Engines Enterprise Discovery Platform. Leveraging patented technologies, Index Engines automates information access and retrieval by streamlining online discovery and introducing the industrys only solution capable of retrieving content directly from backup/archive tapes without the need to first restore the data back to disk. This approach dramatically compresses the electronic discovery process to save hundreds of hours and tens of thousands of dollars in recovery expenses while eliminating the barriers to online/offline enterprise-wide electronic discovery.
According to a recent report by Forrester Research, the eDiscovery technology market, which in 2006 was worth close to $1.5 billion, will grow to almost $4.9 billion by 2011. The largest direct cost is the collection, processing and review of data, which on average runs about $1,800 per gigabyte. Index Engines addresses this enormous drain on corporate resources by making all corporate data accessible, easily searchable, and available for litigation purposes at a small fraction of this cost.
Index Engines Inc.