LexisNexis® Legal & Professional announced an agreement with Content Analyst Company, developers of the award-winning Content Analyst Analytics Technology (CAAT) suite of text analytics technologies that reduce the time and expense of document review in electronic discovery. LexisNexis will license the CAAT advanced analytics engine to enable predictive coding, which will be built into the next release of Concordance® Evolution, the flagship enterprise discovery management software from LexisNexis.
CAAT is a widely used technology in the e-discovery industry for enabling predictive coding. Predictive coding provides the ability to automatically replicate human decisions to a large data set. As coding decisions are made, the technology combines its “knowledge” of the data with the input from the person, and applies those decisions to the entire data set in a fraction of the time and at a significantly higher rate of accuracy than a traditional linear review.
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