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Jan. 7, 2013 /PRNewswire/ -- Never before has the importance of
e-Discovery been more apparent. Today's news headlines are filled with cases of companies and individuals whose old emails are being used to prove a case or expose a scandal.
That's why having an
e-Discovery plan is of utmost importance to today's businesses, according to
Marta Farensbach, e-Discovery expert and Sherpa Software product manager. Sherpa offers solutions that can effectively handle litigation and e-Discovery needs for business by providing professional services and industry leading software that is practical, reliable and affordable.
"Failure to preserve and retrieve relevant data, even when unintentional, can result in harsh penalties and adverse judgments," according to Farensbach.
From the BP oil spill crisis to a case involving document destruction at the Securities Exchange Commission (SEC), e-Discovery has taken stage, front and center in American business and government.
In fact, according to a market report published by Transparency Market Research the global e-discovery market was worth
$3.6 billion in 2010 and is expected to reach
$9.9 billion in 2017. The U.S. is expected to maintain its lead position in the world market in terms of revenue with 73% of global e-discovery market share in 2017, the report added.
Today's information technology professionals use e-Discovery not just in
litigation, but also to help manage and avoid employee relations issues, to help organizations comply with regulatory obligations and preserve intellectual property, and avoid embarrassing
data loss or leaks.
Sherpa's suite of e-Discovery solutions, meant to work with Lotus Notes or Microsoft Exchange, use proprietary search technology that quickly finds and produces critical data within mailboxes, PST's, NSF's, network files and user hard drives in response to legal discovery requests.