HP Autonomy Extends Market-Leading eDiscovery Platform to the Cloud

HP eDiscovery OnDemand Accelerates Analysis, Review and Production for Law Firms, Partners and SMBs

PALO ALTO, CA--(Marketwired - Feb 4, 2014) - HP Autonomy (NYSE: HPQ) today announced a new cloud-based eDiscovery offering that provides law firms, partners and small and midsize businesses (SMBs) with a fast, easy and cost-effective path to leverage HP Autonomy's market-leading eDiscovery platform.

HP eDiscovery OnDemand delivers the entire HP Autonomy eDiscovery platform -- including processing, early case assessment, review and production -- as a secure cloud offering. Legal teams can quickly and easily upload case files and manage the complete eDiscovery process with a single platform and vendor. The new offering combines the best elements of a full-service outsourced offering and an on-premises solution, for an optimal mix of control, speed, simplicity and cost savings.

A contemporary approach to eDiscovery Despite many advances in the eDiscovery market over the past several years, very little has changed in terms of how this software is delivered. Historically, two primary options were available -- a fully hosted, third-party model that inherently delivered less control over the data and process, or a licensed on-premises model that places an IT burden on the organization to install, manage and maintain the software. 

However, what has changed is the increasing strategic importance and complexity associated with eDiscovery. Legal teams today face increasingly short deadlines, multiparty collaboration on cases -- both inside and outside the organization, constant pressure to rein in costs, and ongoing growth in data volumes and information complexity.

Traditional eDiscovery tools have not kept pace with these dynamics, and organizations have been forced to compromise on control or cost and hassle. Additionally, many technologies only solve part of the problem and thus require multiple handoffs to other systems that increase time and cost. These systems also fail to recognize concepts and patterns in increasingly essential unstructured, human information, and are often vulnerable to security risks when sharing information amongst legal teams.

HP eDiscovery OnDemand addresses these challenges with a solution that is purpose-built for eDiscovery in the modern era. With HP eDiscovery OnDemand delivered via HP Autonomy's private cloud, organizations will benefit from its inherent simplicity, economies of scale and security.

HP Autonomy's private cloud undergoes regular third-party audits testing operational process, personnel and security -- something other eDiscovery "hosting" vendors avoid.

HP eDiscovery OnDemand also provides access to HP's industry-leading eDiscovery software and analytics, which have been battle tested with some of the world's largest and most demanding organizations across a wide variety of industry verticals.

"Software-as-a-Service offerings like this one empower legal professionals to focus on managing the eDiscovery process and analyzing and reviewing information," said Alan Winchester, partner at Harris Beach, a New York-based law firm ranked one of the top law firms in the United States by the National Law Journal. "For firms without robust IT departments, it grants them the experts to manage the technology operations and security."

Key elements of HP eDiscovery OnDemand include:

  • Pre-established templates and workflows for a quick start
  • Rapid, on-demand document upload and processing
  • Access to leading-edge technology and analytics based on HP IDOL technology
  • End-to-end functionality, including processing, analysis/ECA, review and production, as well as workflow, collaboration and reporting tools
  • Data hosting in a secure, SOC2 audited, environment that conducts regular penetration testing and vulnerability analyses
  • Production into commonly accepted formats

"Organizations are rethinking how they perform eDiscovery and are increasingly looking to cloud-based technologies to take advantage of the simplicity, economies of scale, efficiency and security that these solutions offer," said Mike Sullivan, general manager, eDiscovery and Information Archiving, HP Autonomy. "As an industry leader in both cloud-based offerings and eDiscovery technology, HP Autonomy is well positioned to capitalize on this trend by delivering a unique offering for organizations of all sizes."

This announcement coincides with the launch of HP eDiscovery 8.1, which includes technology specifically designed to enable the HP eDiscovery OnDemand delivery model. The release also includes enhancements that supplement the historical versions of the HP eDiscovery product plus the new on-demand model, such as enhanced data ingestion capabilities, deeper quality control tools, and further-advanced analytics and visualization. 

Additional information about HP eDiscovery OnDemand is available at www.autonomy.com/products/ediscovery.

About HP Autonomy HP Autonomy is a global leader in software that processes unstructured human information, including social media, email, video, audio, text and web pages. Using HP Autonomy's information management and analytics technologies, organizations can extract meaning in real time from data in virtually any format or language, including structured data. A range of purpose-built market offerings help organizations drive greater value through information analytics, unified information access, archiving, eDiscovery, enterprise content management, data protection and marketing optimization. Additional information is available at autonomy.com.

About HP HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. With the broadest technology portfolio spanning printing, personal systems, software, services and IT infrastructure, HP delivers solutions for customers' most complex challenges in every region of the world. More information about HP is available at http://www.hp.com.

This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance, market share or competitive performance relating to products and services; any statements regarding anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the need to address the many challenges facing HP's businesses; the competitive pressures faced by HP's businesses; risks associated with executing HP's strategy and plans for future operations; the impact of macroeconomic and geopolitical trends and events; the need to manage third-party suppliers and the distribution of HP's products and services effectively; the protection of HP's intellectual property assets, including intellectual property licensed from third parties; risks associated with HP's international operations; the development and transition of new products and services and the enhancement of existing products and services to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its suppliers, customers, clients and partners; the hiring and retention of key employees; integration and other risks associated with business combination and investment transactions; the execution, timing and results of restructuring plans, including estimates and assumptions related to the cost and the anticipated benefits of implementing those plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP's Annual Report on Form 10-K for the fiscal year ended October 31, 2013, and that are otherwise described or updated from time to time in HP's Securities and Exchange Commission reports. HP assumes no obligation and does not intend to update these forward-looking statements.

© 2014 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.

HP (NYSE:HPQ)
Historical Stock Chart
Von Jun 2024 bis Jul 2024 Click Here for more HP Charts.
HP (NYSE:HPQ)
Historical Stock Chart
Von Jul 2023 bis Jul 2024 Click Here for more HP Charts.