Welcome to:
This presentation is the property of its rightful owner.
Sponsored Links
1 / 83

Mike Simon Director of Strategic Development Navigant February 22, 2013 PowerPoint PPT Presentation


  • 49 Views
  • Uploaded on
  • Presentation posted in: General

Welcome to:. Well .. . Actually .. . No. eDiscovery meets Big Data – which will win?. Mike Simon Director of Strategic Development Navigant February 22, 2013. The eDiscovery Industry is Dying. How to get a great job in the eDiscovery industry.

Download Presentation

Mike Simon Director of Strategic Development Navigant February 22, 2013

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


Mike simon director of strategic development navigant february 22 2013

Welcome to:

Well .. . Actually .. . No

eDiscovery meets Big Data – which will win?

Mike Simon

Director of Strategic Development

Navigant

February 22, 2013


The ediscovery industry is dying

The eDiscovery Industry is Dying

How to get a great job in the eDiscovery industry


I promise to get to big data too

I promise to get to Big Data too . . . .


Why the change

Why the change?


Things are kind of difficult

Things are kind of difficult


Really difficult

Really difficult


Jobs keep getting scarcer

Jobs keep getting scarcer


Law school costs keep going up

Law school costs keep going up


Sorry

. . . . Sorry


Doesn t a job in ediscovery sound like a great place to be

Doesn’t a job in eDiscovery sound like a great place to be?

Or maybe just A place to be????


Whence ediscovery

Whence eDiscovery?


The costs of data creation and storage

The Costs of Data Creation and Storage

YEAR -- Price of a Gigabyte

1981 -- $300,0001987 -- $50,0001990 -- $10,0001994 -- $10001997 -- $1002000 -- $102004 -- $12010 -- $0.10


The costs of data creation and storage1

The Costs of Data Creation and Storage

1960 - 5 MB


The costs of data creation and storage2

The Costs of Data Creation and Storage

1990 - 80 MB


The costs of data creation and storage3

The Costs of Data Creation and Storage

2013 – 8 GB


Our ability to understand data 1960

Our ability to understand data1960


Our ability to understand data 1997

Our ability to understand data1997


Our ability to understand data 2012

Our ability to understand data2012


Everybody gets this

Everybody gets this . . .


Except for the legal industry

Except for the Legal industry


I am just saying

I am just saying . . .


Mike simon director of strategic development navigant february 22 2013

eDiscovery- $1.4 billion (Gartner 2012)


But it does not solve business problems

But it does not solve business problems


Mike simon director of strategic development navigant february 22 2013

But it does not solve business problems

And this is where most of the money goes

From here on you are working with “dead” data – it’s gone


But it does not solve business problems1

But it does not solve business problems


Who pays for it the client

Who pays for it?The Client


What do they think of it they hate it

What do they think of it?They hate it . . .


L ess than a decade since it arose the customers of ediscovery are doing their very best

Less than a decade since it arose the customers of eDiscovery are doing their very best

Less than a decade since it arose the customers of eDiscovery are doing their very best tokill it


Information management 1 1 trillion

Information Management - $1.1 trillion

Information Management - $1.1 trillion


Welcome to the era of big data

Welcome to the era of Big Data


What is big data

What is Big Data?

The 3 V’s


Welcome to the era of big data volume

Welcome to the era of Big DataVolume


Welcome to the era of big data variety

Welcome to the era of Big DataVariety


Welcome to the era of big data velocity

Welcome to the era of Big DataVelocity


Welcome to the era of big data but also a very important 4 th v

Welcome to the era of Big DataBut also a very important 4th V


Welcome to the era of big data1

Value

Welcome to the era of Big Data


Mike simon director of strategic development navigant february 22 2013

Some key Big Data facts:from 38 Things to Know About Big Data (http://barnraisersllc.com/2012/12/38-big-facts-big-data-companies/)


Mike simon director of strategic development navigant february 22 2013

Some key Big Data facts:from 38 Things to Know About Big Data (http://barnraisersllc.com/2012/12/38-big-facts-big-data-companies/)90% of the world’s total data has been created just within the past two years (source: IBM)


Mike simon director of strategic development navigant february 22 2013

Some key Big Data facts:from 38 Things to Know About Big Data (http://barnraisersllc.com/2012/12/38-big-facts-big-data-companies/)75% of companies say they will increase investments in Big Data within the next year (source: Avanade)


Mike simon director of strategic development navigant february 22 2013

Some key Big Data facts:from 38 Things to Know About Big Data (http://barnraisersllc.com/2012/12/38-big-facts-big-data-companies/)65% of companies deploy Big Data technology to boost the speed and quality of business decisions (source: CIO)


Mike simon director of strategic development navigant february 22 2013

Some key Big Data facts:from 38 Things to Know About Big Data (http://barnraisersllc.com/2012/12/38-big-facts-big-data-companies/)40%-60% annual growth increase is occurring in the volume of data available every year; in media intensive sectors and financial services, the increase is 120% (source: Fathom)


Mike simon director of strategic development navigant february 22 2013

Some key Big Data facts:from 38 Things to Know About Big Data (http://barnraisersllc.com/2012/12/38-big-facts-big-data-companies/)Only 5% of companies believe Big Data will “fizzle out after the hype dies down” (source: CIO)


The most important fact

The most important fact?


Mike simon director of strategic development navigant february 22 2013

The most important fact?Using Big Data to create business value can be the difference between winning and losing for companies


Mike simon director of strategic development navigant february 22 2013

The most important fact?Using Big Data to create business value can be the difference between winning and losing for companiesThe same companies that hate eDiscovery


Mike simon director of strategic development navigant february 22 2013

My point?


Mike simon director of strategic development navigant february 22 2013

eDiscovery will become another IM

“use-case”

Data will be Identified, Preserved, Analyzed without ever leaving the network


Mike simon director of strategic development navigant february 22 2013

eDiscovery will become another IM

“use-case”

Relevance will be determined from the classification of the data


Mike simon director of strategic development navigant february 22 2013

eDiscovery will become another IM

“use-case”

Privilege will just be another algorithm set


Mike simon director of strategic development navigant february 22 2013

eDiscovery will become another IM

“use-case”

Some call this “Information Governance”


Mike simon director of strategic development navigant february 22 2013

eDiscovery will become another IM

“use-case”

I call it “the future”


Mike simon director of strategic development navigant february 22 2013

OK, so maybe I lied


Mike simon director of strategic development navigant february 22 2013

OK, so maybe I lied

It’s not so much “dying” as “transforming”

Into something that creates value


Mike simon director of strategic development navigant february 22 2013

You need to transform yourselves too


Mike simon director of strategic development navigant february 22 2013

Take off those risk-colored glasses


Mike simon director of strategic development navigant february 22 2013

What are you afraid of?


Mike simon director of strategic development navigant february 22 2013

There are trillions at stake!

This is a matter of corporate survival


Mike simon director of strategic development navigant february 22 2013

There are trillions at stake!

This is a matter of corporate survival

And companies do not want to hear that they shouldn’t do this because eDiscovery might cost them thousands of dollars


Mike simon director of strategic development navigant february 22 2013

So where is your future in the world of big data?


Mike simon director of strategic development navigant february 22 2013

(HINT: These people are not “beginning a promising career in the boating industry”)


Mike simon director of strategic development navigant february 22 2013

Privacy

“You have no privacy, get over it”

- Scott McNeely, former CEO, Sun Microsystems


Mike simon director of strategic development navigant february 22 2013

Security


Mike simon director of strategic development navigant february 22 2013

Data rights?

Who owns the data?

Who gets to use it?

What infringes their rights?

What should those rights be?

How long should those rights last?

What recourse do they have when (not “if”) somebody infringes?


Mike simon director of strategic development navigant february 22 2013

International issues

Other cultures have a different view of “rights”


Mike simon director of strategic development navigant february 22 2013

International issues

You don’t “get over privacy” when the secret police drag away your neighbor


Mike simon director of strategic development navigant february 22 2013

Understanding the data in legal matters


Mike simon director of strategic development navigant february 22 2013

Understanding the data in legal matters

Including (warning! blatant plug), “structured data”


Mike simon director of strategic development navigant february 22 2013

Understanding the data in legal matters

How can you use it?

What can you do with it?

What can’t you do with it?

How do you keep it from disappearing?

Or changing?

What is the “real” info?

Does “real” info even exist anymore?


Mike simon director of strategic development navigant february 22 2013

Understanding the data in legal matters

Most importantly – what can you use?


Mike simon director of strategic development navigant february 22 2013

The good news?


Mike simon director of strategic development navigant february 22 2013

You grew up in a world where there are no unanswerable questions


Mike simon director of strategic development navigant february 22 2013

Where you have effectively free access to virtually all information

Any where

Any time


Mike simon director of strategic development navigant february 22 2013

Then - 15 years ago

Exceedingly few open paths

I was exceedingly lucky to find a good one


Mike simon director of strategic development navigant february 22 2013

Now - There are many such paths


Mike simon director of strategic development navigant february 22 2013

Now - There are many such paths

Find the path that is right for you


Mike simon director of strategic development navigant february 22 2013

Now - There are many such paths

Find the path that is right for you, or


Mike simon director of strategic development navigant february 22 2013

Now - There are many such paths

Find the path that is right for you, or

Make your own path


Mike simon director of strategic development navigant february 22 2013

Make your own path


  • Login