1. Mike Simon Director of Strategic Development Navigant February 22, 2013 Welcome to: eDiscovery meets Big Data – which will win? Well... Actually... No

2. The eDiscovery Industry is Dying How to get a great job in the eDiscovery industry

3. I promise to get to Big Data too....

4. Why the change?

5. Things are kind of difficult

6. Really difficult

7. Jobs keep getting scarcer

8. Law school costs keep going up

11. .... Sorry

12. Doesn’t a job in eDiscovery sound like a great place to be? Or maybe just A place to be????

13. Whence eDiscovery?

14. The Costs of Data Creation and Storage YEAR -- Price of a Gigabyte 1981 -- $300,000 1987 -- $50,000 1990 -- $10,000 1994 -- $1000 1997 -- $100 2000 -- $10 2004 -- $1 2010 -- $0.10

15. The Costs of Data Creation and Storage 1960 - 5 MB

16. The Costs of Data Creation and Storage 1990 - 80 MB

17. The Costs of Data Creation and Storage 2013 – 8 GB

18. Our ability to understand data 1960

19. Our ability to understand data 1997

20. Our ability to understand data 2012

21. Everybody gets this...

22. Except for the Legal industry

23. I am just saying...

24. eDiscovery- $1.4 billion (Gartner 2012)

25. But it does not solve business problems

26. From here on you are working with “dead” data – it’s gone And this is where most of the money goes

27. But it does not solve business problems

28. Who pays for it? The Client

29. What do they think of it? They hate it...

30. Less than a decade since it arose the customers of eDiscovery are doing their very best Less than a decade since it arose the customers of eDiscovery are doing their very best to kill it

31. Information Management - $1.1 trillion

32. Welcome to the era of Big Data

33. What is Big Data? The 3 V’s

34. Welcome to the era of Big Data Volume

35. Welcome to the era of Big Data Variety

36. Welcome to the era of Big Data Velocity

37. Welcome to the era of Big Data But also a very important 4 th V

38. Welcome to the era of Big Data Value

39. Some key Big Data facts: from 38 Things to Know About Big Data (http://barnraisersllc.com/2012/12/38-big-facts-big-data-companies/)http://barnraisersllc.com/2012/12/38-big-facts-big-data-companies/

40. Some key Big Data facts: from 38 Things to Know About Big Data (http://barnraisersllc.com/2012/12/38-big-facts-big-data-companies/) 90% of the world’s total data has been created just within the past two years (source: IBM)http://barnraisersllc.com/2012/12/38-big-facts-big-data-companies/

41. Some key Big Data facts: from 38 Things to Know About Big Data (http://barnraisersllc.com/2012/12/38-big-facts-big-data-companies/) 75% of companies say they will increase investments in Big Data within the next year (source: Avanade)http://barnraisersllc.com/2012/12/38-big-facts-big-data-companies/

42. Some key Big Data facts: from 38 Things to Know About Big Data (http://barnraisersllc.com/2012/12/38-big-facts-big-data-companies/) 65% of companies deploy Big Data technology to boost the speed and quality of business decisions (source: CIO)http://barnraisersllc.com/2012/12/38-big-facts-big-data-companies/

43. Some key Big Data facts: from 38 Things to Know About Big Data (http://barnraisersllc.com/2012/12/38-big-facts-big-data-companies/) 40%-60% annual growth increase is occurring in the volume of data available every year; in media intensive sectors and financial services, the increase is 120% (source: Fathom)http://barnraisersllc.com/2012/12/38-big-facts-big-data-companies/

44. Some key Big Data facts: from 38 Things to Know About Big Data (http://barnraisersllc.com/2012/12/38-big-facts-big-data-companies/) Only 5% of companies believe Big Data will “fizzle out after the hype dies down” (source: CIO)http://barnraisersllc.com/2012/12/38-big-facts-big-data-companies/

45. The most important fact?

46. The most important fact? Using Big Data to create business value can be the difference between winning and losing for companies

47. The most important fact? Using Big Data to create business value can be the difference between winning and losing for companies The same companies that hate eDiscovery

51. My point?

52. eDiscovery will become another IM “use-case” Data will be Identified, Preserved, Analyzed without ever leaving the network

53. eDiscovery will become another IM “use-case” Relevance will be determined from the classification of the data

54. eDiscovery will become another IM “use-case” Privilege will just be another algorithm set

55. eDiscovery will become another IM “use-case” Some call this “Information Governance”

56. eDiscovery will become another IM “use-case” I call it “the future”

57. OK, so maybe I lied

58. It’s not so much “dying” as “transforming” Into something that creates value

59. You need to transform yourselves too

60. Take off those risk-colored glasses

61. What are you afraid of?

62. There are trillions at stake! This is a matter of corporate survival

63. There are trillions at stake! This is a matter of corporate survival And companies do not want to hear that they shouldn’t do this because eDiscovery might cost them thousands of dollars

64. So where is your future in the world of big data?

65. (HINT: These people are not “beginning a promising career in the boating industry”)

66. Privacy “You have no privacy, get over it” - Scott McNeely, former CEO, Sun Microsystems

67. Security

68. Data rights? Who owns the data? Who gets to use it? What infringes their rights? What should those rights be? How long should those rights last? What recourse do they have when (not “if”) somebody infringes?

69. International issues Other cultures have a different view of “rights”

70. International issues You don’t “get over privacy” when the secret police drag away your neighbor

71. Understanding the data in legal matters

72. Including (warning! blatant plug), “structured data”

73. Understanding the data in legal matters How can you use it? What can you do with it? What can’t you do with it? How do you keep it from disappearing? Or changing? What is the “real” info? Does “real” info even exist anymore?

74. Understanding the data in legal matters Most importantly – what can you use?

75. The good news?

76. You grew up in a world where there are no unanswerable questions

77. Where you have effectively free access to virtually all information Any where Any time

78. Then - 15 years ago Exceedingly few open paths I was exceedingly lucky to find a good one

79. Now - There are many such paths

80. Find the path that is right for you

81. Now - There are many such paths Find the path that is right for you, or

82. Now - There are many such paths Find the path that is right for you, or Make your own path