AUSTIN — August 19, 2019 — Legal software-as-a-service leader DISCO today announced it was named as a Leader in the IDC MarketScape Worldwide E-Discovery SaaS Review Software 2019 Vendor Assessment (doc #US44752919, August 2019).
The IDC MarketScape covers major vendors participating in the worldwide ediscovery software market, whose revenue exceeded $25 million for FY18. IDC’s vendor evaluation is based on a comprehensive criterion expected to be most conducive to success in providing ediscovery review software via SaaS in both the short term and the long term. The evaluation criteria emphasize capabilities and strategies such as predictable pricing, cybersecurity, and ability to scale.
Continuing the momentum following the most successful year in DISCO’s history – including a recent $83 million investment making DISCO the best-funded enterprise legal technology company in North America – this recognition from the IDC MarketScape further validates the market’s consolidation behind DISCO as a leader for next generation cloud ediscovery platform.
“In the cloud era of ediscovery review software, buyers are looking for enterprise-grade applications with transparent, predictable pricing and intuitive user interfaces. DISCO checks all the boxes and is poised to compete in this new cloud-agile world based on their strategies and capabilities,” said Ryan O’Leary, IDC senior research analyst.
DISCO’s features clearly set the product apart from other SaaS ediscovery vendors. IDC references how the platform’s self-service ingestion makes it easy for users to quickly and easily ingest and process massive amounts of data – all without vendor support. Even at peak capacity, DISCO’s document load times are the fastest in the industry, and the platform can easily support thousands of users and workspaces simultaneously with no latency. Finally, its all-inclusive pricing model makes it easy for customers to predict costs.
“Great technology has the potential to transform how legal teams address their legal challenges. At DISCO, we work tirelessly to deliver on this potential and we are honored to be recognized by the IDC MarketScape as an ediscovery SaaS leader,” said DISCO Founder and CEO Kiwi Camara. “As we continue to expand our product and service offerings beyond discovery, we remain focused on this vision and collaborating with our customers to deliver better legal outcomes.”
DISCO is exhibiting at Booth 908 at ILTACON, Aug. 18-22, 2019, in Orlando. Company representatives will be providing demonstrations, and DISCO will be sponsoring a charity golf tournament and VIP cocktail social.
DISCO is a legal technology company that applies artificial intelligence and cloud computing to legal problems to help great lawyers and legal teams improve legal outcomes for their clients. Corporate legal departments, law firms, and government agencies around the world use DISCO as their ediscovery solution for compliance, disputes, and investigations. For more information, visit www.csdisco.com.
DISCO Public Relations
DISCO is positioned in the Leaders category in the 2019 IDC MarketScape for worldwide ediscovery SaaS review software vendor assessment.
DISCO is an agile SaaS-only ediscovery software company founded in Houston, Texas, in 2012. In the few years that DISCO has been around, the company has seen strong growth. DISCO supplements its software with a managed services arm that leverages its review solution.
Consider DISCO when you want an enterprise-caliber application but that start-up feel. You are likely looking for an easy-to-use and seemingly lightweight application but with deep functionality. DISCO is a great choice for a growing company that is looking for a still-growing ediscovery software to grow with but without sacrificing functionality.
In a market teeming with ediscovery vendors, IDC chose to focus on companies with revenue of $25M or higher, judging that companies below this threshold are not truly players in the $10 billion dollar ediscovery market. What was interesting to me, beyond the solid ranking of my firm, was the number of players that did not make the cut.