Welcome to:
Download
1 / 83

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


  • 66 Views
  • Uploaded on

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.

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about ' Mike Simon Director of Strategic Development Navigant February 22, 2013' - tehya


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

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









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











eDiscovery- $1.4 billion (Gartner 2012)



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



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



What is big data
What is Big Data?

The 3 V’s





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


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


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)


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)


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)


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)


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


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



eDiscovery will become another IM

“use-case”

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


eDiscovery will become another IM

“use-case”

Relevance will be determined from the classification of the data


eDiscovery will become another IM

“use-case”

Privilege will just be another algorithm set


eDiscovery will become another IM

“use-case”

Some call this “Information Governance”


eDiscovery will become another IM

“use-case”

I call it “the future”



OK, so maybe I lied

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

Into something that creates value



Take off those risk-colored glasses



There are trillions at stake!

This is a matter of corporate survival


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


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



Privacy in the boating industry”)

“You have no privacy, get over it”

- Scott McNeely, former CEO, Sun Microsystems


Security in the boating industry”)


Data rights? in the boating industry”)

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?


International issues in the boating industry”)

Other cultures have a different view of “rights”


International issues in the boating industry”)

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


Understanding the data in legal matters in the boating industry”)


Understanding the data in legal matters in the boating industry”)

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


Understanding the data in legal matters in the boating industry”)

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?


Understanding the data in legal matters in the boating industry”)

Most importantly – what can you use?


The good news? in the boating industry”)




Then information - 15 years ago

Exceedingly few open paths

I was exceedingly lucky to find a good one


Now information - There are many such paths


Now information - There are many such paths

Find the path that is right for you


Now information - There are many such paths

Find the path that is right for you, or


Now information - There are many such paths

Find the path that is right for you, or

Make your own path


Make informationyour own path


ad