Relativity, a global legal and compliance technology company, last week announced that it has acquired Text IQ, a Top 100 AI company applying artificial intelligence (AI) to identify sensitive data.
We’re merely scratching the surface of what the application of AI to our industry can mean. Our customers recognize that while AI offers immense possibility, it must be thoughtfully designed and applied to address use cases that yield specific business outcomes.
Mike Gamson, Chief Executive Officer at Relativity
Text IQ leverages the latest in unsupervised machine learning (ML), graphical modeling, social network analysis (SNA), natural language processing (NLP) and deep learning to create AI solutions for the world’s largest enterprises to manage and mitigate risks in enterprise data. Text IQ’s AI helps to lower the cost and risk of legal privilege review, speed up and increase the accuracy of data breach response workflows, and quickly identify and manage personally identifiable information (PII) which are often associated with Global Data Protection Regulation (GDPR) and Data Subject Access Requests.
“We’re merely scratching the surface of what the application of AI to our industry can mean. Our customers recognize that while AI offers immense possibility, it must be thoughtfully designed and applied to address use cases that yield specific business outcomes,” said Mike Gamson, Chief Executive Officer at Relativity. “We know that Text IQ’s proven technology, coupled with its incredible team of talented professionals, will be a wonderful addition to Relativity and help us deliver even more value to our customers.”
TextIQ recently recorded a podcast on our EDRM Global Webinar Channel showcasing their privilege review process, with EDRM’s Chair of the Project Trustees, Dave Cohen, Reed Smith partner and Records & E-Discovery Group chair. Attend the webinar at your leisure here.
Read the official press release here.
