Axcelerate analyses IM communications from Instant Bloomberg, Google Chat and Skype for investigations and eDiscovery
Recommind, a leader in advanced analytics, today announced Axcelerate 5.5, the latest version of its pioneering cloud-based eDiscovery platform. Axcelerate now enables sophisticated analysis of instant messaging (IM) data with smart processing technology that can be applied to a wide range of platforms, including Instant Bloomberg, the dominant messaging platform for the global financial industry, Skype and Google Chat. The new release, which also features dramatically faster performance levels, applies Recommind’s powerful analytics, visualizations and machine learning technology to chat communications, along with email and other critical data sets.
The rise of IM in the workplace makes fast, effective analysis of chat data essential to eDiscovery and internal investigations. Legal teams have routinely struggled to find the information that matters among large volumes of chat communications across organizations. Axcelerate’s new chat processing technology and analytics streamline the process of filtering, reviewing and producing IM data. In addition, Axcelerate’s breakthrough Hypergraph technology provides deep insight by visualizing IM data alongside email for a complete picture of communication networks, patterns and activity levels.
“Most eDiscovery platforms struggle with IM data because of its irregular formatting and metadata. But this type of data is essential for financial services clients,” said Nick Patience, Research Vice President, Software, 451 Research. “Some of the most important communication for regulators to review is contained in IM. Using advanced analytics allows us to get through this information faster and with greater accuracy.”
“Chat is the new email, and our customers need clear, rapid insight into every kind of enterprise data,” said Bob Tennant, CEO, Recommind. “With Axcelerate, they can quickly spot the conversations that matter for investigations, compliance and litigation. While their opponents are still sifting through email, Axcelerate customers are planning a winning strategy.”
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