NEW YORK, Jan. 28, 2019 /PRNewswire/ -- Relativity today announced reduced data fees of up to 50 percent for its cloud-based e-discovery platform RelativityOne. Relativity is also creating a new, flexible billing model for all SaaS customers and a new licensing option exclusively for service providers.
First introduced to the market in early 2017, RelativityOne is now the fastest growing product in Relativity history and has grown 420% in the last 12 months with over 2PB of data under management. The new pricing rollout positions RelativityOne for another dynamic year of growth in 2019 and comes at a time when three quarters of organizations say that nearly all of their enterprise applications will be SaaS by 2020. The new adjustments strengthen Relativity's commitment to bringing SaaS to the e-discovery market so all customers benefit from the added security, flexibility, and extensibility that RelativityOne offers.
"Having RelativityOne as the backbone of our technology operations allows us to rapidly innovate and adapt to the growing data needs of today's e-discovery market," said Chris Haley, Director of Legal Technology at Troutman Sanders eMerge. "We demand best-in-class technology solutions to help us solve complex e-discovery challenges for our clients across the globe and RelativityOne is an important part of our continued success in this constantly changing legal technology industry."
Reduced Data Fees
To eliminate cost barriers for organizations ready to move to SaaS, Relativity will lower the overall data fees for RelativityOne up to 50 percent. To help organizations stay on top of the types of data that are becoming critical in today's evidence, video and rich media data will also be billed at a reduced rate of 50 percent of normal data fees. Lastly, Relativity will roll out flexible data storage models that provide prices that are more commensurate with the value users get from that data. Data used for early case assessment, or repositories where data is reused across multiple matters, will be charged at 33 percent the cost of active data, while archived case data in cold storage will be charged at 25 percent.
A New "RelativityOne User"
With customers starting to go "all in" with RelativityOne, Relativity has created a lower rate for users that work only in the SaaS product. These RelativityOne Users will have unlimited access to all RelativityOne features at a cost up to 60 percent lower than current user rates.
Unlimited Analytics Bundled with RelativityOne
RelativityOne Users will have access to unlimited analytics including email threading and active learning at no added cost. As Relativity invests in analytics innovation, RelativityOne provides more opportunities to enhance this feature set by tapping into cloud-based AI services and more—and all RelativityOne users will be able to benefit.
More Flexible Subscriptions
Relativity is rolling out a new consumption-based subscription in addition to their traditional pre-commit approach. Users and data will be evaluated each month and customers can sign on for this subscription as either a one- or three-year contract.
Added Benefits for Partners
The partner community remains the backbone of Relativity. To ensure partners can fully realize the potential of SaaS for both their businesses and end users, Relativity will introduce a partner-specific license on top of their professional license currently offered. Available to both solution providers and law firms focused on developing unique services as an important revenue driver for their business, the new partner license comes at a discounted price, while giving providers the ability to offer RelativityOne tenants for managed services arrangements and to join the Relativity partner program for co-marketing opportunities and certifications.
"We're starting to see e-discovery follow the cloud trend that has occurred in so many other industries," said Andrew Sieja, founder and CEO of Relativity. "Our customers are having a lot of success in RelativityOne—not just bringing efficiencies and better security to their operation, but in transforming their products and services. We're excited about making changes that will allow more of our customers to experience these benefits."
At Relativity, we make software to help users organize data, discover the truth, and act on it. Our e-discovery platform is used by thousands of organizations around the world to manage large volumes of data and quickly identify key issues during litigation, internal investigations, and compliance projects. Relativity has over 180,000 users in 40+ countries from organizations including the U.S. Department of Justice, more than 70 Fortune 100 companies, and 198 of the Am Law 200. RelativityOne offers all the functionality of Relativity in a secure and comprehensive SaaS product. Relativity has been named one of Chicago's Top Workplaces by the Chicago Tribune for eight consecutive years. Please contact Relativity at email@example.com or visit http://www.relativity.com for more information.