Guidance Software, Inc. (NASDAQ: GUID), the World Leader in Digital Investigations™, has been named a “leader” in Gartner Inc.’s Magic Quadrant for e-discovery software, in its third annual industry report. Guidance Software’s EnCase® eDiscovery has been placed in the leaders’ quadrant every year since the report’s inception.
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According to the report, "The growth of digital information has resulted in changes to the way judicial and regulatory matters are investigated. In the U.S. and the U.K., the procedural rules have been changed to account for this change. This, in turn, has caused massive disruption in the legal solution provider market. Once characterized by many small providers and some large ones, which were mostly employed by law firms on behalf of corporate clients, the emphasis has shifted to software and managed services." 1
“We believe being named a leader in the Gartner Magic Quadrant for E-Discovery Software for the third consecutive year is testament to the value that EnCase eDiscovery delivers to our customers and the marketplace,” said Victor Limongelli, president and chief executive officer of Guidance Software. “More corporations are actively managing the risks associated with their litigation and regulatory environments in-house. EnCase eDiscovery meets the needs of in-house counsel with a complete solution that identifies, collects, processes, and makes available for review only potentially relevant data, preserving documents and associated metadata.”In a related report, The State of E-Discovery in 2013 and Beyond, Gartner states, “the e-discovery market is in the middle of a massive transformation, moving away from a service-based delivery model to a software-dominated one.” In addition, “the buying centers for e-discovery continue to move from law firms to corporate legal departments, supported by IT.” 2 E-discovery has become an important part of a company’s greater corporate governance initiative, including oversight of electronic discovery and the litigation process by both the in-house legal and IT teams. It revolves around managing and reducing the company’s exposure to risk with tools that are under corporate control. EnCase eDiscovery automates and manages these critical business processes, enabling in-house legal and IT teams to manage every phase of the e-discovery process, while reducing both costs and risk. 1 Gartner, Inc., "Magic Quadrant for E-Discovery Software," by Debra Logan, Alan Dayley and Sheila Childs, June 10, 2013, page 32