RenewData revamps its prices based on the number of e-mail custodians
Storage Alert Newsletter, Network World
August 19, 2008
By Deni Connor
RenewData claims new pricing structure is more economical than searches based on terabytes of data processed
RenewData recently revamped the prices for its e-discovery services. The company, which provides e-discovery and electronically stored information (ESI) risk management services, is now pricing its services based on the number of custodians processed. In this model, which is also available from other vendors, a custodian is an individual whose e-mails or documents are subject to review. The company claims that pricing its services based on the number of custodians it searches for is many times more economical than searches based on the number of terabytes of data processed.
The company says many organizations do not know how many gigabytes or terabytes of tapes and disk they will need to process in any e-discovery project, but they do know the individuals who are subject to an e-discovery request.
With RenewData’s new pricing, companies will be able to more accurately estimate and predict the cost of projects early on and avoid surprising costs at the end of the project.
RenewData combines this simplified cost structure with a cost per tape discovery cost.
The company also recently announced a partnership with Symantec to migrate and consolidate legacy e-mail into Symantec Enterprise Vault as an enhancement to RenewData’s standard Data Migration Service. The resulting Data Migration Service for Symantec Enterprise Vault consists of the conversion, loading and indexing of e-mail data from backup tape directly into Enterprise Vault.
RenewData is funded by ABC Capital Partners and CIBC Capital Partners and is headed by Steven Horan, previously of Arsensal Digital Solutions. RenewData has approximately 130 employees and has processed over 50 petabytes of information.