Press Release
FTI Consulting Recognized as a Leader in the 2014 Gartner Magic Quadrant for E-discovery Software Report
Leading Analyst Firm Evaluation Based on Ability to Execute and Completeness of Vision
Washington, D.C., June 24, 2014 — FTI Consulting, Inc. (NYSE: FCN), the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, today announced that its Technology segment has been included in the ‘Leaders’ quadrant of Gartner’s ‘Magic Quadrant for E-discovery Software’ report (Jie Zhang, Debra Logan, Garth Landers, June 19, 2014) for the second year in a row. Twenty-two software providers were evaluated in the report.
According to the report, “The second characteristic is that Leaders' business models clearly demonstrate that their focus is software development and sales, as opposed to the provision of services. There are several vendors with mixed software and service models in the Leaders quadrant, but their commitment to software development and technology innovation, as evidenced by the size of their development teams and product roadmap, compares favorably with their professional-services personnel. Corporate buyers and even law firms are tending to bring as much of the e-discovery process as they can in-house, for reasons of risk management and cost control. A strong software offering, which can be exploited for growth and especially profitability, is what we evaluated and emphasized.”
“On behalf of the global FTI Technology team, we are pleased to be recognized for the second year in a row by Gartner as a Leader in the ‘Magic Quadrant for E-discovery Software,’” said Seth Rierson, Senior Managing Director and Global Segment Leader of FTI Technology. “We’re proud of our software development team’s demonstrated innovation in tackling our clients’ most significant e-discovery challenges. Clients continue to share their excitement for our investments in the Ringtail® user experience, as well as enhancements to our machine learning and visualization capabilities. These improvements provide clients with a faster and more complete discovery experience, whether it’s helping them find facts earlier, or driving down the total cost of review.”
From its award-winning Ringtail® software to its Acuity™ managed review service, FTI Technology helps clients streamline their entire e-discovery response and provides a single point of e-discovery accountability. FTI Technology provides a comprehensive approach to improve the e-discovery process, contain costs without cutting corners and manage critical enterprise information demands. For more information on FTI Technology, please visit www.ftitechnology.com.
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 FTI Consulting
FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. With more than 4,200 employees located in 26 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management, strategic communications and restructuring. The Company generated $1.65 billion in revenues during fiscal year 2013. More information can be found at www.fticonsulting.com. For more information, visit www.fticonsulting.com and connect with us on Twitter (@FTIConsulting), Facebook and LinkedIn.
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