Leading Cloud-Based eDiscovery Company Reports Record Growth of 1615% in 2014
DENVER, Feb. 10, 2015 /PRNewswire-iReach/ — Indexed I/O, a Cloud-Based eDiscovery company has announced today that it has recognized record revenue growth in 2014. The legal industry’s first completely cloud-based eDiscovery solution attributes its success to recent data growth trends, which IDC* projects to double in size every two years.
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“Data storage sizes are growing exponentially, users need solutions that can scale.” saysBrian McHughs, CEO of Indexed I/O. “The eDiscovery landscape is changing. Time and cost are being prioritized so having a solution that can be implemented in minutes, not days or weeks, is not only a benefit to the legal team, but a necessity.”
“Scalable and cost-effective eDiscovery solutions will continue to become a major focus for corporations and IT departments.” added Eric Fowler, CTO of Indexed I/O.
IDC reports:
By 2020, over ⅓ of all data will live in or pass through the cloud.
Data Production will be 44 times greater in 2020 than it was in 2009.
Individuals create 70 percent of all data. Enterprises store 80 percent.
*IDC, Worldwide File-Based Storage 2010-2014 Forecast: Consolidation, Efficiency, and Objects Shape Market, #223558
With continuous feature development and performance upgrades Indexed I/O has position themselves as a technology leader, providing the easiest, comprehensive, and cost-effective eDiscovery solutions on the market. “Traditional methods just aren’t a viable option any longer, they take far too long to implement and incur enormous costs. We are excited on what the next year will bring to our users.” continued McHughs
About Indexed I/O
Indexed I/O Corp is the first developer of true on-demand, high-speed, cost-effective data processing and analytic solutions. Its product is targeted to Corporate Counsel, Law Firms, and IT Departments requiring eDiscovery services for litigation. Indexed I/O’s eDiscovery solution includes data processing, data culling, document review and tagging, and exports/productions. Indexed I/O offers state of the art ‘more like this’ search capability as well as traditional search and language analytics. With an easy and intuitive interface, legal teams can quickly learn and utilize Indexed I/O in a matter of minutes. With no software or hardware to purchase, a ‘pay for what you need’ model, Indexed I/O is by far the fastest, easiest to use, and cost-effective eDiscovery solution.
Finally, the solution the eDiscovery world has been waiting for is here. For more information, please go to https://www.indexed.io
Media Contact: Brian McHughs, Indexed I/O, Corp, 888-840-0709, brian@indexed.io
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