Digital Reef Offers Data Mgt. Platform

BOXBOROUGH, Mass. -- Digital Reef, one of Pilot House Ventures and Matrix Partners’ premier portfolio companies, today announces a new approach to discovering and managing unstructured and semi-structured data. The Digital Reef solution helps large enterprises deal with key business issues that cannot be properly addressed using traditional solutions. These issues include eDiscovery, data risk mitigation, knowledge reuse, and strategic storage initiatives—all of which stem from lack of control over unstructured data, and require a degree of scalability and performance that traditional solutions cannot provide.

Unstructured and semi-structured data in documents, spreadsheets, emails, and presentations account for up to 85 percent of enterprise data. As the volume of data expands unchecked, enterprises take on more expense and more risk. This is particularly true in the current economic climate, which is driving an increase in lawsuits and related electronic discovery initiatives—one area that clearly illustrates the risk and expense associated with unmanaged stores of unstructured data.

"Digital Reef has introduced a compelling solution at a critical time when the growth of unstructured data is burdening the enterprise with cost and risk," stated Tony Asaro, founder and senior consultant, The INI Group. "Unstructured data volumes are creating a dramatic negative impact on key business processes. What is needed is rapid access to relevant data for legal discovery and compliance audits as well as the ability to leverage existing intellectual property for extending competitive advantage."

Digital Reef Inc.