PRTODAY / NewswireToday Free press release distribution service network

More news: Software
Written by / Agency / Source: RenewData | LDiscovery, LLC

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Q2 2014 Financial Results for RenewData® Show Continued Demand for Language-Based Analytics - RenewData announced financial results for the second quarter of 2014 that demonstrate strong growth and adoption of its Language-Based Analytics℠ services
Q2 2014 Financial Results for RenewData® Show Continued Demand for Language-Based Analytics

 

NewswireToday - /newswire/ - Austin, TX, United States, 2014/08/19 - RenewData announced financial results for the second quarter of 2014 that demonstrate strong growth and adoption of its Language-Based Analytics℠ services. NASDAQ: CG

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

RenewData, a legal consulting and technology company with solutions that address the full spectrum of the Electronic Discovery Reference Model (EDRM), today announced financial results for the second quarter of 2014 that demonstrate strong growth and adoption of its Language-Based AnalyticsSM services.

In the second quarter of 2014, revenue from Language-Based Analytics services increased by 55 percent when compared to Q1. Year-to-date Language-Based Analytics revenue grew by 22 percent over 2013 year-to-date. As reported by 451 Research, the percentage of RenewData’s clients using LBA is significant, with 13 percent of midsized-to-large engagements using Language-Based Analytics in 2012 and 2013 jumping to 28 percent in 2014.

Overall, year-to-date signings for RenewData have increased by 33 percent over 2013 year-to-date.

“The conversation for in-house counsel has evolved from ‘How do I review documents quickly?’ to ‘How do I understand the contents of the documents very early into the process in order to make valuable strategic decisions?’” said Jim Blayney, CEO of RenewData. “Language-Based Analytics enables legal professionals to accomplish this in an effective, defensible and logical manner.”

Language-Based Analytics are RenewData’s defensible services that accelerate document review and reveal greater insight and transparency into data very early in the eDiscovery process. These services leverage the actual words in the collection and humans’ unique understanding of language and its nuances rather than rely on machine algorithms. Based on Language-Based Analytics’ combination of expert consultation and patented technology, in-house counsel can quickly and cost-effectively analyze a document collection, understand what each document is about and make important strategic decisions based on this understanding.

RenewData offers a 110 percent guarantee on its Language-Based Analytics services, demonstrating the company’s confidence in the service as well as introducing a measure of certainty into the eDiscovery document review acceleration process. To learn more about the guarantee, visit renewdata.com/solutions-services/lba-guarantee.php.

The company’s focus on innovation has supported the proliferation of Language-Based Analytics. It recently announced that it has attained its fourth patent in less than a year pertaining to eDiscovery technology. In all, RenewData holds 17 patents or patent applications.

About RenewData

RenewData Corporation (renewdata.com) is a legal consulting and technology company with solutions that address the full spectrum of the Electronic Discovery Reference Model (EDRM). The company has a particular focus on review acceleration and its proprietary Language-Based Analytics (LBA) and will guarantee results. RenewData’s goal is to help corporations and law firms mine their unstructured data to significantly reduce the time, cost and risk associated with litigation and investigations.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: RenewData | LDiscovery, LLC

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
Software Warnings - IMPORTANT:
Always be aware/cautious about what you download on your computer/mobile! PURCHASE SOFTWARE related keywords / Banner Ads. Click HERE for details!
.

 
  Your Banner Ad showing on ALL
Software articles,
CATCH Visitors via Your Competitors Announcements!


Q2 2014 Financial Results for RenewData® Show Continued Demand for Language-Based Analytics

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Press Office - RenewData.com 
512-276-5500 / 888-811-3789 sales[.]renewdata.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any RenewData | LDiscovery, LLC securities in any jurisdiction including any other companies listed or named in this release.

Software via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From RenewData | LDiscovery, LLC / Company Profile


Read Software Most Recent Related Newswires:

Polish Retailer Marketing Investment Group SA Selects Oracle Planning
Draper James Gains Foundation to Grow Graciously with NetSuite
Intel Custom Foundry Certifies Mentor Physical Verification Tools for 22FFL FinFET Low Power Process
TIBCO Connected Intelligence Cloud Equips Companies for Digital Transformation
WANdisco Launches One of the First Hybrid Data Lake Architectures in Collaboration with AWS
IDology Announces Partnership with ThreatMetrix for Powerful Identity and Fraud Prevention
IBM and MTN Help Protect Endangered African Rhinos with Internet of Things Technology
Baker Hughes and KBC Partner to Provide Integrated Process and Operational Software Solutions to the Oil and Gas Industry
Oracle’s New SPARC Systems Deliver 2-7x Better Performance, Security Capabilities, and Efficiency than Intel-based Systems
PROS New Opportunity Detection Uses Machine Learning to Identify Hidden Sales Growth with Existing Customers
Shelborne CAPITAL Corp. Adopts Yardi Genesis2
Noble Systems Joins the Becker’s Hospital Review Health IT + Revenue Cycle Conference
OpenText Buys Guidance Software
DeKalb County Public Library Chooses Robust Innovative Solution to Support 22 Branches
Pegasystems Named Hot Vendor in Robotic Process Automation by Leading Independent Research Firm Aragon Research

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  NAKIVO, Inc.

Visit  BizJobs.com





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)