Analytics

Big Data Law And Hybrid Analytics In The Second Machine Age

27th Jan `14, 06:05 AM in Analytics

In reading Erik Brynjolfsson’s and Andrew McAfee’s new book about the coming of The Second Machine Age (Work,…

BDMS
Guest Contributor
 

In reading Erik Brynjolfsson’s and Andrew McAfee’s new book about the coming of The Second Machine Age (Work, Progress, and Prosperity in a Time of Brilliant Technologies), I couldn’t help but think about how the legal industry and e-discovery are already being positively affected by the Second Machine Age. There is no question that we are in the midst of a technological hurricane, which will forever shape the litigation landscape and redefine e-discovery support and legal services in general.

The three forces identified by the authors driving the Second Machine Age are already here, notably the digitization of nearly everything, an amazing exponential growth in hardware and software power and the ability to use these new powers in a combinatorial way to create “a vast and unprecedented boost to mental power.”

These “New Age” tools, such as our hybrid analytics solutions, offer “exponential” productivity gains. In other words, each new process evolution returns measurable cost savings and significant project timeline reductions. The New Age workflows are designed to increasingly tame “big data” and are combinatorial, so they can be stitched together in a customized fabric or mosaic to solve heretofore-unsolvable problems that occur throughout the life cycle of a matter.

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