In March, we told you about Recommind’s new predictive coding website, which provides online resources dedicated to explaining and demonstrating Recommind’s predictive coding capabilities for expedited document review. This week, Recommind received a patent for its predictive coding process, a move that gives Recommind, its customers and its partners exclusive rights to use, host and sell systems and processes for iterative, computer-expedited document review.
The Importance of a Patent
While obtaining a patent is more about time and resources than it is about innovation, Recommind’s patent is definitely symbolic, as it marks them as an industry leader in advanced e-Discovery, compliance, records management and information governance processes and capabilities for years to come. As well, predictive coding boosts the manual process of document review by providing computerized assistance, which not only saves time, money and energy, but is exceedingly accurate at categorizing, prioritizing documents no matter how much data there is.
The US Patent Office has issued the company Patent No. 7,933,859, covering systems and methods for iterative computer-assisted document analysis and review.
Patenting the Future of e-Discovery
By owning the predictive coding process with a patent, Recommind’s customers can be assured that both the process and technology will be around for a while. Recommind’s CEO Robert Tennant is not shy about boasting predictive coding as the future of e-Discovery, and by acquiring a patent, Recommind is definitely committed to securing its future within the industry.