The integration of VerQu into Relativity's SaaS products will transform how organizations handle collaboration and chat data, and massively accelerate the ability to collect, analyze, monitor and review all types of unstructured data seamlessly and securely, the firm says in a press release.
"It's imperative that the legal and compliance industries stay ahead of and evolve with the changing nature of work in organizations globally," said Mike Gamson, CEO at Relativity. "Enterprise communications will continue to shift rapidly and scale from traditional channels like email toward chat and collaboration platforms. That's why Relativity is committed to investing in technology that connects directly to native cloud data sources for surveillance and e-discovery workflows, evolving the data paradigm from documents to include conversations."
Relativity will welcome VerQu's team, which includes top-level engineers and project managers. Founded in 2013, VerQu has served domestic and global organizations ranging from small and medium sized businesses to Fortune 500 companies.
"Since 2013, VerQu has worked to create a data management and migration service to provide a best-in-class customer experience that anticipates our clients' future needs. Joining Relativity is a natural next step to evolve how our products ingest data and combine that with a platform that enables users to analyze and act on that data natively," said Frank Perrone, Managing Director at VerQu. "I'm looking forward to seeing what we can all do in e-discovery and surveillance when we integrate the power of our teams and technologies."
In 2020 alone, there were 115M daily average users worldwide using Microsoft Teams and 12M+ users on Slack – where the daily average messages per user per day increased by 20% in 2020. With the nature of work becoming more collaborative across enterprise technology platforms, this data cannot continue to be analyzed like email as teams can lose valuable context and metadata unique to those platforms.