Innovative E-Discovery Company Adds Intelligent Coding Technology Services With Predictable Pricing
Flat Rate Predictive Coding & Technology Assisted Review
Online PR News – 15-August-2013 –Global EDD Group, a leading provider of innovative electronic discovery services across the globe, today announced the expansion of its Flat Rate Pricing program along with the introduction of Predictive Coding & Technology Assisted Review to its suite of legal technology solutions. The recent emergence of "predictive" coding tools, particularly in the field of e-discovery, represents a sea change in the market, offering another opportunity to use technology to improve the quality of document review with significantly greater accuracy and speed, and lower costs. Global EDD Group has done so with pricing, bundling industry leading technologies together to provide clients with an innovative flat rate ediscovery option that provides a compelling alternative to typical industry solutions.
Intelligent Coding Technology
Global EDD Group utilizes Rational Intelligence Intelligent Coding Technology from Rational Retention. Rational Intelligence ("RI") enables customers to model characteristics unique to a small sample of documents and to automatically apply that model to code any number of documents. Since the quality of the output depends heavily on the input, subject-matter experts are needed to create a training set of documents for each issue by reviewing documents in a straightforward and natural manner. Typical training sets comprise of only a fraction of the total document population, allowing clients to leverage the knowledge of the best reviewers across the entire dataset.
RI is not limited to coding for responsiveness and privilege – subject-matter experts can train the system for any and every relevant issue. Once a model is run against the entire corpus of available documents, the population is winnowed down to a manageable size for more senior lawyers to review. The result is a more accurate, more consistent, faster document review, conducted at a fraction of the expense of manual review.
Global EDD Group's Flat Rate Pricing Options for Predictive Coding:
“We used [Rational Intelligence] auto coding technology to 'learn' how to identify particularly relevant documents and to create a mathematical model for identifying over 600,000 additional likely relevant documents. The auto-coding technology trained using documents reviewed by the most experienced reviewers and then coded lower priority custodian documents. About 40% of the documents that had to be reviewed did not have to be looked at by human reviewers. - Adam R. Shaw, Boies Schiller & Flexner LLP”
One Predictive Coding Application: $1200 / Gigabyte
Three Predictive Coding Applications: $1800 / Gigabyte
Each Flat Rate Includes:
- Remote Data Collection through Document Production Services
- One Year of Secure Web Hosting
- 100 GBs minimum of ESI required
- Data to be collected must be identified by client
- Client is responsible for coding test sets
The Intelligence Behind Rational Intelligence Technology
To ensure that the document classification technology was built on the most cutting-edge methodology, Rational Retention ("RR") partnered with a team of leading bioinformatics researchers from the New York University Center for Health Informatics and Bioinformatics, led by Dr. Constantin Aliferis. Working with Rational Retention's leadership team, including Chief Architect, Dr. Konstantin Mertsalov, the Aliferis team used its experience in biomedical applications of classification technology to develop Rational Intelligence. The NYU Health Informatics and Bioinformatics Center, under the leadership of Dr. Aliferis, has made major breakthroughs over the span of the last decade in the development of software, algorithms, and theory in the interpretation of super-high-dimensional data, toward unraveling mechanisms of disease for robust predictive modeling of complex biological systems. Several of the algorithms, protocols, and software developed by the NYU group enjoy thousands of research- and industrial-registered users, including major universities, pharmaceutical companies, and IT companies. Much of their research and innovation involves the classification of unstructured text. They have created and patented Causal Graph and Markov Blanket discovery algorithms to increase accuracy, decrease runtime, reduce the size of training sets, and increase defensibility.
Law Firms, Corporations and Service Providers interested in learning more about these services should call +220.127.116.1148, +1.888.690.DATA (3282), email email@example.com, or visit www.globaleddgroup.com for additional information.
About Rational Retention
In business since 2006, Rational Retention aims transform the way organizations think about information management, retention compliance, and eDiscovery. RR provides its customers with a suite of software solutions; in additional to its predictive coding platform, Rational Intelligence, RR offers: Rational eDiscovery, a full-featured hosted litigation review platform and services; and Rational Enterprise, which enables information governance and compliance by tracking user content on desktops and in file shares, email, and content management systems, resulting in fully visible and controllable documents. http://www.rationalretention.com/
About Global EDD Group Ltd
Global EDD Group was founded with the vision of bridging the wide gap between domestic organizations and their growing national and international legal technology needs. Based in Cleveland, Ohio, USA with regional centers in New York City and Singapore, Global EDD Group provides legal technology services for matters with a national or international scope, specializing in remote and onsite services ranging from data identification to trial presentation. Additional information is available by visiting http://www.GlobalEDDGroup.com or calling +1.888.690.DATA (3282).