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Wed, May 30, 2012

Symantec Positioned as a Leader in Magic Quadrant for E-Discovery Software


Published on 2012-05-30 05:06:44 - Market Wire
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May 30, 2012 08:01 ET

Symantec Positioned as a Leader in Magic Quadrant for E-Discovery Software

MOUNTAIN VIEW, CA--(Marketwire - May 30, 2012) - Symantec Corp. (NASDAQ: [ SYMC ]) today announced that it has been positioned by Gartner, Inc. in the Leaders quadrant of the 2012 Magic Quadrant for E-Discovery Software.i The Magic Quadrant positions vendors based on their ability to execute and completeness of vision. In the closely related archiving market, Symantec is also a Leader in the Gartner Magic Quadrant for Enterprise Information Archiving.ii

According to the Magic Quadrant for E-Discovery Software, "Full-spectrum EDRM coverage is now a requirement, not an option, for a vendor to be considered a Leader." In addition, "A presence in the enterprise information archiving (EIA) market, as evidenced by inclusion in 'Magic Quadrant for Enterprise Information Archiving,' and functionality known in the market as machine-assisted review or predictive coding, were also factors that we considered."

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The report also states, "E-discovery has proved to be a huge motivation for companies to rethink their information management policies. The problem of determining what is relevant from a mass of information will not be solved quickly," but Gartner identifies a "clear business driver (e-discovery) and an undeniable return on investment (deleting data that is no longer required for legal or business purposes can save millions of dollars in storage costs)" as factors that should help organizations move down this path.

"As organizations wrestle with the rising tide of data and corresponding legal expense, they are increasingly approaching critical business needs like classification, preservation and discovery not as separate tasks but as key elements of a unified information governance strategy," said Brian Dye, vice president, Information Intelligence Group, Symantec Corp. "We believe our position as a leader in the Gartner Magic Quadrants for both archiving and eDiscovery confirms Symantec's vision, and the integration we have delivered helps our customers intelligently conquer the challenge of information governance with lower risk and cost throughout the process."

Symantec Archiving and eDiscovery
Adding an information archive is one of the simplest steps an organization can take to improve its information governance. With an archive, organizations can systematically index, classify and retain information and thus establish a proactive approach to eDiscovery. As the industry's most widely-deployed enterprise archiving solution, Symantec Enterprise Vault helps customers deduplicate information at the source to reduce costs, delete information confidently and discover information efficiently.

Symantec's Clearwell eDiscovery Platform, which was purpose-built for eDiscovery, enables enterprises, governments, and law firms to defensibly solve real-world challenges across the entire eDiscovery lifecycle from legal hold and collections through analysis, review and production. The integration of Enterprise Vault and Clearwell enables organizations to reduce their eDiscovery costs from information management through production, reduce their risk by improving the defensibility and repeatability of their processes, and streamline their processes to meet legal and regulatory deadlines.

Symantec continues to enhance its market leading archiving and eDiscovery offerings with the recent acquisition of LiveOffice, Symantec's hosted archiving OEM partner for Enterprise Vault.cloud. Through existing integrations, customers can export information from LiveOffice to the Clearwell eDiscovery Platform where it is collected along with information from Enterprise Vault and other data sources for processing, analysis, early case assessment and review.

Together, Enterprise Vault, Enterprise Vault.cloud and the Clearwell eDiscovery Platform enable Symantec to provide customers the most comprehensive and innovative archiving, compliance and eDiscovery solutions delivered on-premise, in the cloud, or as a hybrid solution.

Symantec's Intelligent Information Governance
By implementing proper controls for information retention and protection, organizations can confidently allow their employees to share information freely. This provides a critical edge in a world where corporate information is increasingly accessed from a wider variety of devices (including smartphones and tablets), shared via social media, and stored in the cloud. The organization's ability to secure this information, while allowing employees the ability to access it virtually anywhere, improves employee productivity and reduces information risk.

Symantec's intelligent information governance solutions provide organizations with the technology needed to reduce the risks related to eDiscovery and compliance, and allow them to consolidate previously discrete portions of IT operations. Symantec provides federated search and a common classification engine across critical data sources, bringing context and relevance to information so organizations can find what they need, when they need it, and appropriately enforce policies and controls. Additionally, the ability to centrally manage security, information retention and eDiscovery functions reduces operational expenses and training costs.

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i Gartner "Magic Quadrant for E-Discovery Software" by Debra Logan and Sheila Childs, May 24, 2012.
ii Gartner "Magic Quadrant for Enterprise Information Archiving" by Sheila Childs, Kenneth Chin and Debra Logan, December 6, 2011.

About the Magic Quadrant
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Symantec
Symantec is a global leader in providing security, storage and systems management solutions to help consumers and organizations secure and manage their information-driven world. Our software and services protect against more risks at more points, more completely and efficiently, enabling confidence wherever information is used or stored. More information is available at [ www.symantec.com ].

NOTE TO EDITORS: If you would like additional information on Symantec Corporation and its products, please visit the Symantec News Room at [ http://www.symantec.com/news ]. All prices noted are in U.S. dollars and are valid only in the United States.

Symantec and the Symantec Logo are trademarks or registered trademarks of Symantec Corporation or its affiliates in the U.S. and other countries. Other names may be trademarks of their respective owners.

FORWARD-LOOKING STATEMENTS: Any forward-looking indication of plans for products is preliminary and all future release dates are tentative and are subject to change. Any future release of the product or planned modifications to product capability, functionality, or feature are subject to ongoing evaluation by Symantec, and may or may not be implemented and should not be considered firm commitments by Symantec and should not be relied upon in making purchasing decisions.


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