West Palm Beach, Fla., June 17, 2013 — FTI Consulting, Inc. (NYSE: FCN), the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, today announced that its FTI Technology practice has been included in the ‘leaders’ quadrant in Gartner’s ‘Magic Quadrant for E-Discovery Software’ report (Debra Logan, Alan Dayley, Sheila Childs, June 10, 2013). Twenty-three software providers were evaluated in the report, and a complimentary copy of the report is available at the FTI Technology site.
“We’re pleased that FTI Technology again is recognized by Gartner in the ‘leaders’ quadrant of the ‘Magic Quadrant for E-Discovery Software,’” said Seth Rierson, Senior Managing Director and Global Practice Leader of FTI Technology. “From large, complex and multinational matters to day-to-day investigations and routine cases, our strategy is to help clients confidently and defensibly lower their total cost of discovery. Ringtail® software — highly scalable, easy to use with industry-leading visual analytics — is the foundation of this strategy.”
According to the report, “Consolidation in the service provider market is under way and likely will continue. This is mainly being driven by the disintermediation of law firms, pricing pressure and the need to develop economies of scale in data management. We expect that the number of firms claiming to have e-discovery products and services will shrink by 25% during the next two years, with most of the attrition among service providers and the legal solution channel, not software vendors.”
From its award-winning Ringtail® software to its Acuity™ managed review service and Predictive Discovery solution, FTI Technology helps clients streamline the entire e-discovery process and provides a single point of e-discovery accountability. Altogether, FTI Technology provides a smart and comprehensive approach to improve the e-discovery process, contain costs without cutting corners and manage critical enterprise information demands.
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 over 3,900 employees located in 24 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 $1.58 billion in revenues during fiscal year 2012. More information can be found at www.fticonsulting.com.
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