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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.

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Presentation Transcript
slide1

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

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

slide26

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

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

slide39

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

slide40

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)

slide41

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)

slide42

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)

slide43

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)

slide44

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)

slide46
The most important fact?Using Big Data to create business value can be the difference between winning and losing for companies
slide47

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

slide52

eDiscovery will become another IM

“use-case”

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

slide53

eDiscovery will become another IM

“use-case”

Relevance will be determined from the classification of the data

slide54

eDiscovery will become another IM

“use-case”

Privilege will just be another algorithm set

slide55

eDiscovery will become another IM

“use-case”

Some call this “Information Governance”

slide56

eDiscovery will become another IM

“use-case”

I call it “the future”

slide58

OK, so maybe I lied

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

Into something that creates value

slide62

There are trillions at stake!

This is a matter of corporate survival

slide63

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

slide66

Privacy

“You have no privacy, get over it”

- Scott McNeely, former CEO, Sun Microsystems

slide68

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?

slide69

International issues

Other cultures have a different view of “rights”

slide70

International issues

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

slide72

Understanding the data in legal matters

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

slide73

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?

slide74

Understanding the data in legal matters

Most importantly – what can you use?

slide78

Then - 15 years ago

Exceedingly few open paths

I was exceedingly lucky to find a good one

slide80

Now - There are many such paths

Find the path that is right for you

slide81

Now - There are many such paths

Find the path that is right for you, or

slide82

Now - There are many such paths

Find the path that is right for you, or

Make your own path