LONDON, June 24, 2014 /PRNewswire/ --
Customized, Single Tenancy Platform Resonates with the Modern Organization
Provides Data-Sovereign Collaboration, Storage, Social for Compliance-Intensive Industries
HighQ, a leading provider of secure enterprise cloud collaboration, has announced ongoing momentum in the United States, driven by record growth in the legal sector. The company already boasts many enterprise clients in the United States, including Duane Morris LLP; Littler Mendelson P.C.; Sheppard, Mullin, Richter & Hampton LLP; and Taft Stettinius & Hollister LLP and is positioned to be the American legal industry's cloud collaboration platform of choice.
Launched for the enterprise in 2001, HighQ now has 300,000 paid users in legal, financial and corporate markets around the world. HighQ has acheived over 50% year-over-year revenue growth over the last four years with an impressive global client list including all of the UK Magic Circle law firms, 37 of the top 100 global law firms and several leading global investment banks and financial institutions.
"Companies are looking for simplicity in today's increasingly complex global business and regulatory environment," said HighQ CEO Ajay Patel. "HighQ addresses the need for intuitive, secure cloud collaboration while providing the safeguards that industries like legal, finance and government need in order to assure data privacy and compliance. As traditionally risk-averse industries find themselves needing to embrace the cloud, HighQ is becoming the solution of choice."
Secure File Sharing, Project Management and Social Collaboration on a Single Platform
HighQ is poised to sweep an American market in which the only other viable choices threaten companies with high implementation costs, compliance risks and privacy issues related to data sovereignty. Unlike many other cloud productivity and collaboration solutions, such as Box (file sharing), Jive (social collaboration), Asana (task management) and Smartsheet (online spreadsheets), HighQ combines multiple feature sets into one single-tenant solution. Enterprise CIOs get the security and privacy they need for their organisation's most sensitive work-as well as assured data sovereignty-and end users enjoy an intuitive, consumer-grade experience for file sharing, social collaboration, project management and cloud storage features.
"HighQ's philosophy is to create innovations that meet its clients' industry needs," said Linklaters Head of Online Marketing Stéphanie Bonnet. "They're very in tune with issues and developments in the legal services industry."
The Data-Sovereign, Private and Secure Cloud
With increasing international tension around where data is stored, from the now infamous Snowden revelations, ever-changing US-EU Safe Harbor agreements, Germany's Federal Data Protection Act and the commonly cited PATRIOT Act, global enterprises find themselves stuck between two poles. On the one hand, cloud collaboration and file sharing is essential for doing business in the modern, mobile era. However, because most cloud data centers are located in the United States, companies risk making their sensitive data and transactions vulnerable to surveillance or seizure, as well as alienating clients who are not willing to potentially expose their data to US authorities.
HighQ bridges this divide by providing a unified cloud solution that can be hosted in data centers in the UK, US, Channel Islands, Dubai and, later this year, Australia and Canada. Because HighQ's international operations are maintained as separate entities and they offer clients a choice of where to store their data, non-US clients can be assured that their data is protected and does not fall foul of the US legal system, as recently experienced by Microsoft (even though their data was hosted in Dublin).
HighQ's offering goes well beyond cloud file storage solutions, offered by the likes of Box and Dropbox, and encapsulates the most important enterprise file sharing, collaboration and productivity needs into one secure, private platform. Users can access all of the following from HighQ:
- Advanced document management
- Secure file sharing with digital rights management
- Enterprise social collaboration and knowledge sharing
- Personal productivity and social task management
- Project collaboration with internal and external users
- Structured data collection and reporting
- Document automation and report generation
- Transaction management and matter collaboration
Learn more about HighQ's complete product set here.
HighQ recently opened Chicago and San Francisco offices to expand their existing presence in New York and Philadelphia. The company also has offices in London, Amsterdam, Frankfurt, Sydney and Ahmedabad, India. Headcount increased 30% last year, with notable new hires including Prateek Kathpal (Chief Strategy Officer), former CEO and founder of Adeptol (sold to Accusoft Pegasus in 2011) and Sunay Shah (VP of Business Development, US), a former Goldman Sachs banker and CEO and founder of CDO Software.
To explore HighQ, visit highq.com.
HighQ equips the world's leading law firms, investment banks and corporations with secure file sharing, enterprise collaboration and social networking. In one unified space, HighQ combines secure, enterprise-grade technology with user experience innovations from consumer tools, enabling users to securely exchange business-critical information and collaborate with colleagues, customers and partners. Founded in 2001, HighQ is headquartered in London, with offices in New York, Chicago, Amsterdam, Frankfurt, Melbourne and India. Clients include Linklaters, Barclays, UBS and Allen & Overy. Visit us at HighQ.com, read our blog or learn what others say about us.
SOURCE High Q