Case Study: Fortune 500 Energy Company reduces risk, time, and costs with Text IQ

Applying AI to Internal Compliance Investigations

Fortune 500 Energy Company turned to Text IQ after allegations of potential violations of internal protocols triggered the risk of hundreds of millions of dollars in class action lawsuits. With more than 20,000 employees, over 20 data custodians, and more than 4 million emails to review, the company needed a fast way to investigate unstructured data and uncover the full story before subpoenas or litigation escalated.

Text IQ used its AI Brain and compliance-focused concept analysis tools to quickly identify relevant documents, remove near duplicates, and rank the most important materials for review. The solution helped the company complete the investigation in days instead of weeks, reduce the review set to about 10,000 documents and then the most relevant 1,000, cut turnaround time by 2 months, reduce risk by 50%, and save over $3 million.