SAN FRANCISCO--(BUSINESS WIRE)--Making good on its promise to eradicate the pervasive pay-per-gigabyte pricing that has long been a hallmark of the lucrative eDiscovery industry, Logikcull, the leader in Cloud-Based Legal Intelligence, today announced speed and efficiency enhancements to its platform that result in market-leading cost-savings for its customers.
Those technology gains -- 10x more efficient data processing and storage -- primarily arise from improvements to Logikcull.com’s cloud architecture, which is realizing broad and sustained economies of scale as the company’s user-base rapidly expands.
As a result, Logikcull’s customers experience cost-savings of more than 80% compared to competitors who primarily charge high, and unpredictable, per-gigabyte prices.
“Per-gigabyte pricing is a vestige of the dying eDiscovery model that contributes to the erratic and often incredibly high costs organizations incur as a result of litigation, investigations and other data-intensive projects,” Logikcull CEO Andy Wilson said. “Our pricing reflects the reality that the cost of data storage declines rapidly as you achieve the scale and performance the cloud enables.”
It has become commonplace for eDiscovery vendors to process and host client data at rates of upward of several hundred dollars per gigabyte. Those costs are paired with additional services fees, as well as “support” tasks that amount to no more than button-pushing. Consequently, litigation costs can fluctuate wildly based on the amount and types of data at issue.
Logikcull’s ability to automate many of these traditionally manual processes, along with the efficiencies it continually derives from its cloud-based architecture, lowers data costs that equate to under $5 per gigabyte. Its industry-leading, 24/7 customer support with a median response time of 5 minutes is included at no cost.
“Our advancements in data processing and storage will continue to get better. And as they do, we will continue to pass those savings to our customers,” Wilson added. “Data, after all, is an unpredictable commodity and it is our goal to eliminate its costs to the point they become immaterial to our customers.”
Based in San Francisco, Logikcull is the leading provider of legal intelligence software. It is the only pure cloud-based solution for collaborative searching and sharing of information in litigation, investigations, due diligence, and M&A, and has become known for its powerfully simple platform that can be used by anyone anywhere at any time. Its customers include many of the largest -- and smallest -- law firms, corporations and government agencies in the world.