Ipro Tech, LLC, the leader in eDiscovery, case management, and trial technology, is excited to announce the acquisition of NetGovern, a leader in Information governance, risk, and compliance software.
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Joining these two global companies and their technologies will provide the most innovative workflow in the legal industry, extending across the entire Electronic Discovery Reference Model (EDRM) from information governance, to in-place early data assessment, through eDiscovery and beyond. The companies complement each other perfectly by combining Ipro’s 30-year legacy of focus on law firms, government, and legal service providers with NetGovern’s deep expertise in corporate verticals, including healthcare, public sector, financial services, manufacturing, and transportation.
Evolving market dynamics and customer needs around continued enterprise data growth were the main drivers for this combined effort. As concerns grow regarding compliance, security, and risk management, the significance of economic consequences presents the business impact of properly managed data through the eDiscovery process, and the customer benefit of an integrated solution spanning the entire EDRM becomes even more compelling.
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IDC estimates more than 59 zettabytes (ZB) of data will be created, captured, copied, and consumed in the world in 2020, a figure it expects to continue growing at a compound annual growth rate (CAGR) of 26% through 2024. This growth drives unprecedented challenges across enterprises with concerns ranging from compliance to security to risk management, and ultimately eDiscovery. The economic impact of managing these issues, breaches, and judgements is also spiraling. As Ipro studied these factors with our customers, it became clear that an integrated solution spanning from information governance to discovery would be necessary.
“We are thrilled to combine the strengths of these two companies,” shared Dean Brown, CEO at Ipro Tech. “We are positioned to take a competitive advantage as the leader in information governance and eDiscovery by incorporating NetGovern’s solutions, people, and knowledge into the Ipro family. By integrating these technologies, we will empower corporations to gain control over their data and lower the costs related to data security, compliance, investigations and litigation through the use of in-place indexing and analysis, data connectors, smart collections, and advanced analytics.”
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