HENDERON, Nev., Oct. 14, 2015 (GLOBE NEWSWIRE) -- iCONECT, developers of the visually rich and intuitively simple XERA e-discovery software, announced that, effective today, all XERA licenses will include XERA's full suite of analytic tools, including: predictive coding, workflow, iCONECT's XMPLAR, near-duplication, conceptual search, email threading and iVIEW cluster visualization. Allowing clients to use analytics on an unlimited amount of data, across all users and on all projects – without the additional per-gigabyte charges of other review products – provides much needed predictability to project budgets.
The change will further allow iCONECT's hosting partners to provide both cost savings and additional value. "The ability to include analytics, specifically predictive review with every project will mean real savings for our clients," says Gavin W. Manes, Ph.D., Chief Executive Officer of Avansic, an iCONECT hosting partner. "iCONECT continues to add value to the XERA platform, and now with near-dupe, threading and predictive review included in licensing, our clients will benefit immensely. We're excited to be able to offer it on all our projects."
Integrated analytics pricing will also provide much-needed predictability. Estimating costs can be difficult when licensing is done on a per-gigabyte basis because the quantity may be an unknown at the outset of the project. For example, if the data set is richer than expected, more data survives the early case assessment (ECA) phase, and the use of analytics is questioned because of additional unsuspected costs. Based on this new licensing model, guesswork is eliminated allowing hosting partners and law firms to more clearly estimate pricing.
All new iCONECT-XERA license pricing includes all the features and benefits of iCONECT's analytics tools:
- Easy-to-use setup wizard
- Streamlined issue identification and review
- Near Duplicate identification
- Email Threading
- Automatic Batching
- SmartSample for intuitive feedback
- Built-In Predictive Review
- XMPLAR® to create a perfect model document
- iVIEW Data Visualizer for comprehensive reporting and cluster visualization
"We all know analytics, and more specifically predictive review, can add value to any document review project," says Ian Campbell, President & CEO at iCONECT. "We are thrilled that, as of today, cost and predictability are no longer impediments to unlocking that value."
For more information about iCONECT, please visit www.iconect.com.
ABOUT iCONECT DEVELOPMENT, LLC
iCONECT Development, LLC is an industry leader in developing innovative legal review software and services that empower legal teams to complete complex review projects more cost effectively. As early innovators of eDiscovery review software since 1999, and with the release of the revolutionary web-based, iCONECT-XERA® eDiscovery Review Platform, iCONECT continues to raise the bar for advancements in developing intelligent, easy-to-use tools that help hosting providers, law firms, corporations and government agencies worldwide optimize workflows and manage big data more efficiently. iCONECT analytics is powered by CAAT technology, a world leader in analytics. ICONECT was most recently honored by CIO Review as one of the Top 20 Most Promising Legal Technology Solution Providers in 2014 and in 2015 was honored to be included by LegalTech News as a Best eDiscovery Platform.