WASHINGTON, May 26, 2015 (GLOBE NEWSWIRE) -- 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, Garth Landers, May 18, 2015). For the third consecutive year, FTI Technology is recognized as a 'Leader' in the annual report, and a complimentary copy is available at the FTI Technology site.
According to the report, "The demand for e-discovery technology and services continues to grow. Gartner estimates that the enterprise e-discovery software marketplace was $1.8 billion in total software revenue worldwide in 2014, an increase of 10.6% from 2013. The five-year compound annual growth rate (CAGR) approximates 12%. Growing regional e-discovery usage for both common-law and non-common law actions and for governmental investigations expands opportunities through 2018."
"On behalf of the global FTI Technology team, we are pleased to be recognized by Gartner as a Leader in the 'Magic Quadrant for E-Discovery Software' for the third consecutive year," said Seth Rierson, Senior Managing Director and Global Segment Leader of FTI Technology. "Our continued focus is on software innovation that drives down the cost of e-discovery for our clients. We're excited about this recognition by Gartner for Ringtail software and the Ringtail community."
The Ringtail e-discovery platform supports law firms and corporate legal teams of all sizes that are tasked with managing the complexity and scope of today's global e-discovery. A full-featured platform, Ringtail software processes and culls data, provides a broad range of tools for quick data review and coding and gives users a comprehensive set of redaction and production tools. Ringtail also features patented visual analytics, concept clustering, predictive coding and advanced workflows. Ringtail is available on-premises, on-demand or in a Software as a Service ("SaaS") deployment model. For more information on FTI Technology, Ringtail, or to schedule a Ringtail demo, please visit www.ftitechnology.com.
About the Magic Quadrant
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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 4,400 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 $1.76 billion in revenues during fiscal year 2014. For more information, visit www.fticonsulting.com and connect with us on Twitter (@FTIConsulting), Facebook and LinkedIn.
Source:FTI Consulting, Inc.