Proof of concept achieve 20% reduction in documents for review and an average review speed of 91.6 documents/hour, resulting in 28.6% cost savings.
NEW YORK, November 25 , 2019 – FRONTEO (NASDAQ: FTEO) (TSE: 2158), a leading eDiscovery services provider, announced today that it has worked with lawyers at BakerHostetler, one of the nation’s largest law firms representing clients around the globe, for a proof of concept (PoC) of its proprietary AI review tool, KIBIT Automator, to the shorten timelines and lower costs associated with eDiscovery review.
By using FRONTEO’s KIBIT Automator, FRONTEO reduced the number of documents for review by 20% and achieved an average review speed of 91.6 documents per hour. This ultra-efficient review resulted in a cost savings of 28.6% for the proof of concept matter. The proof of concept confirmed that intelligent deployment of artificial intelligence will result ultra-efficient reviews without sacrificing defensibility. “We substantially shortened the review timeline by integrating FRONTEO’s KIBIT Automator without sacrificing quality,” said Jack Fornaciari at BakerHostetler. “The results confirm the efficiency of using enhanced AI in document review and we look forward to utilizing it in future cases.”
“In this PoC, we have been able to transform document review into a valuable strategic asset,” said Yutaka Okura, CEO of FRONTEO USA. “This shows how a progressive law firm can use technology to elevate their unsurpassed standards to even higher levels.”
FRONTEO uses its proprietary technology, KIBIT Automator, to act as a force multiplier to enhance the efficiency of its eDiscovery review. Email firstname.lastname@example.org for a demo and see KIBIT Automator in action.
About FRONTEO, Inc.
FRONTEO was founded in Japan in 2003 as a technology-enabled eDiscovery and litigation support services provider. By expertly leveraging proprietary technology to boost operational efficiency, the company has expanded globally and into the healthcare and marketing markets. In the U.S., FRONTEO leverages the right mix of best-in-class and proprietary technologies to provide ultra-efficient litigation support services across the entire eDiscovery Reference Model (EDRM). FRONTEO’s proprietary AI technology, KIBIT, supports the analysis of big data based on big data analysis, behavior informatics and knowledge acquired through its experience in providing litigation support services.