As it readies the 50th release of its software suite, Salesforce says it is on course to be the fastest technology company to reach $10bn in revenue. It is slated to reach just north of $8bn in the current fiscal year, which runs through January 31, 2017. Its European business is thriving, according to the… Continue reading Salesforce reaches 50th software release & touts machine-learning
Of all the places to try out machine learning, the legal market would probably not be the logical choice, given its reputation as a laggard in technology adoption. But about five years ago, machine learning was given a go – in the form of something called predictive coding in a certain area of legal software… Continue reading What’s driving machine learning, and where is it taking us?
Raising large private investment rounds is something of an anomaly in the world of e-discovery software, due to the relative maturity of many of the players and the somewhat modest total addressable market – at least compared to some other enterprise software segments. When kCura, maker of the SaaS-based Relativity e-discovery suite, announced in February… Continue reading Newly minted kCura looks to dominate corporate e-discovery before expanding further
With the whole of IBM now marching to its cognitive computing message, the company's Insight conference in Las Vegas was always going to be heavily influenced by analytics, Watson Analytics in particular. After all, it is the combination of advanced analytics – including text analytics and machine learning – in that product that is likely… Continue reading IBM’s forecast calls for more cloud-based analytics and cognitive computing
One of the announcements that came out of Salesforce's recent Dreamforce conference is that the Internet of Things (IoT) is its latest area of focus. As the poster child for the SaaS model, Salesforce has already changed the application software business. It has racked up a market capitalization nudging ever closer to $50bn, and revenue… Continue reading Dreamforce: a bit Uber the top, but Salesforce drives into new neighborhoods
IBM recently provided an update on its progress with Watson Analytics - a combination of guided analytic discovery and visualization plus predictive analytics all wrapped up in a freemium pricing model. Customers of 451 Research can read my report here, but here's a couple of snippets: IBM is operating in a very crowded analytics market with a… Continue reading IBM Watson adds more visual clues to analyze as it grows its user base
I'm very excited to be returning to the industry analyst business full time with 451 Research, the company I co-founded 15 years ago. I've spent just over three years away, running product marketing in the eDiscovery software business and more recently, running my own consulting business. I've rejoined as research VP for software. That somewhat bland… Continue reading Why now is a great time to rejoin the analyst business
EDiscovery and cybersecurity share a few things in common. Both are concerned with data ending up in other people's hands (intentionally or not); both potentially impact an organisation's reputation; both involve lawyers at some stage; and both use a lot of the same underlying technology to identify important data. So why is it so difficult for… Continue reading eDiscovery & Cybersecurity: can you be good at both?
So the long-rumoured acquisition of Equivio by Microsoft has finally been confirmed. It the comparatively small world of eDiscovery it caused quite a lot of navel-gazing when news first emerged in October 2014. The price is apparently somewhere in the $150m-$200m, which is chump change to Microsoft but a nice return for Equivio's investors and management - a… Continue reading Equivio deal is classic Microsoft – good enough eDiscovery & info governance
Once enterprises had caught their breath following the big bang of the 2006 US federal rules changes that ostensibly created the eDiscovery market, they've been looking at ways of bringing the eDiscovery process in-house and thus hopefully reducing their costs and gaining more control. When I was an analyst at 451 Research our 2010 annual eDiscovery report… Continue reading What does bringing eDiscovery in-house look like today?