"The one word of caution I would offer would be [that] we don't know the impact of any potential amendmnents to the Federal Rules of Civil Procedure," Favro said. If there are amendments that reduce data preservation requirements, he said, then EDD industry revenue could be softer than Gartner predicts.
Conversely, EDD costs could rise as brand name IT companies enter the field. In addition to Symantec, major IT players currently include EMC, Hewlett-Packard, and IBM. Google has archiving software, Microsoft added e-discovery to its SharePoint 2013 application, and Oracle has reportedly considered but not yet completed EDD acquisitions.
This article originally appeared in Law Technology News.