News, Events, & Updates
→Iridium Technology Announces Merger with DFTech to Create Law Firm Financial Analytics Powerhouse
Reno, Nev., February 18, 2020 — Iridium Technology, a leading provider of Business Intelligence (BI) for law firms, today announced its merger with Data Fusion Technologies, Inc. (DFTech). The Iridium BI product offerings have now been extended to include the Intellistat line of business analytics tools as well as the Steere family of law firm business technologies. The company continues to be named Iridium Technology.
“Law firms are under pressure to improve pricing, profitability and service delivery. This combination enables both companies to continue at the forefront of innovation for firms looking to leverage data and analytics to drive better decision making and improved performance,” says Tom Jones, Chief Executive Officer of Iridium Technology. “Adding the Intellistat and Steere product lines puts Iridium in the position of having the broadest BI and financial analytics product footprint of any business partner to the legal industry.”
Iridium and DFTech together create what is clearly the largest provider of BI technology to law firms, whether measured by clients, revenue, employees, or product footprint. “I’ve always believed that our intense concentration on BI and financial analytics has allowed us to build better products for our clients,” says Jeff Suhr, President of Data Fusion Technologies. “Iridium, which has always been laser-focused on BI and profitability products solely for law firms, clearly feels the same way. I am convinced that law firms in need of improved data access to firm performance metrics are best served by specialists who focus exclusively on BI and financial analytics. That makes Iridium the perfect partner for us and makes this merger a big win for our clients.”
The combined entity includes three legal technology trailblazers. In addition to Jones, DFTech CEO Jeff Suhr has joined Iridium as Senior Vice President - Intellistat/Steere and industry pioneer Randy Steere remains as an independent Executive Consultant. Clients of both Iridium and DFTech will benefit from their collective expertise and experience in building BI and other legal programs. The trio will also lead a team of 15 full-time developers in order to continue innovating toward the most complete product set in the marketplace.
“The merger will continue to allow us to protect and honor the investment of our clients in the Steere products and services,” says Randy Steere, now Executive Consultant to Iridium on the Steere product line. “We will continue to provide our clients with solutions that successfully address to the diverse needs of legal and professional services firms.”
Some key details about the merger:
- ● This merger of two profitable and stable companies results in the undisputed law firm BI market leader
- ● The combined entity now has more than 250 clients, 65+ employees, and its three product families—Iridium, Intellistat, and Steere —provide the broadest footprint of BI and financial analytics product offerings
- ● The merger creates a strong platform for continued growth and will result in better products, services, and value for the clients of both Iridium and DFTech
- ● The company has no plans to reduce staff and all clients will continue to work with their current contacts
- ● The company has no plans to retire any Iridium, Intellistat, or Steere products
- ● Iridium’s combined offerings now serve law firms of all sizes and integrate with all major practice management and HR platforms
“We now have the broadest BI, profitability, and financial management product footprint of any legal tech provider,” adds Jones. “Our combined product set provides law firms with all of the data and analysis they need to better serve their clients and do so more profitably.”
About Iridium Technology
Iridium Technology is a global firm specifically focused on business intelligence, profitability, and financial management for legal and professional services firms. Following its 2020 merger with DFTech, more than 250 global law firms ranging from 40 to 2000+ timekeepers have signed up for our products. Iridium’s mission is to make sure that firms making a significant investment in its applications receive maximum value for their investment. Iridium “lives and breathes” business intelligence and financial analytics for law firms every hour of every day. For more information on Iridium Technology, please visit www.Iridium-Technology.com
→PrebillManager 9.5 Released
Data Fusion Technologies, Inc. announces the release of PrebillManager 9.5. This new version continues to add exciting and innovative functionality for our users. We pride ourselves in listening to our clients and adding features that you have asked us to include!
PrebillManager 9.5 Features Include:
Limit Rules that run during Prebill Generation
Audit trail for the user who generated the Prebill
Matter Responsible Attorney and Matter Assigned Attorney as filter options
Matter Code and Name columns to filter in results
Web Page or SSRS as a Tab
Ability to have 6 additional Tabs
Progress bar when Pushing Changes to Aderant
Bill Number and 2 Custom Comment fields to Prebill List
Confirmation/Message box for Close/Complete, Close/Defer and Draft Bill
Prebill Request up to 150 Prebills at one time
Change Billing Attorney prompt for better clarity
Transfers can now automatically transfer to WIP when there is a Bill Number
Added many performance enhancing improvements
Plus many more.....
→DATA FUSION TECHNOLOGIES, INC. ANNOUNCES COMBINATION WITH RANDY STEERE LLC
ORANGE COUNTY, Calif – (June 26, 2018) – Data Fusion Technologies, Inc. (DFTech) the leading provider of business intelligence software applications and consulting services for law firms, is pleased to announce its combination with Randy Steere LLC.
"I am extremely pleased to welcome Randy and his entire talented team into the DFTech family. This combination brings together two companies with similar core values, a ‘client first’ approach, and group of talented, experienced and dedicated professionals. We are excited to expand DFTech’s product and services portfolio with the world class solutions offered by Randy Steere and his team. I also want to extend a warm welcome to all the clients of Randy Steere LLC to the DFTech family. We are looking forward to working with you to continue providing the best solutions, service and support available in the market today.” said Jeffrey Suhr, President of DFTech.
“I, along with my entire team, am excited to combine with DFTech,” said Randy Steere, owner of Randy Steere LLC and now Executive Consultant at DFTech. “I felt this move was in the best interest of not only our staff, but also our clients. We now have more depth available to better serve our clients’ needs, with a complimentary set of products and services we can now offer. This is truly a combination of very similar, like-minded companies that complement each other in just about every possible way.”
As a result of incorporating the entire team of Randy Steere LLC’s experienced resources into DFTech, there will be no transition period or drop-off in service as is typical when combining companies. This will allow DFTech to continue to deliver quality system implementations while offering more value-added services such as Customizations, Financial System Selection and Implementation Consulting, all of which are in high demand at this time.
The combined firm will continue to implement, support and enhance a product portfolio of nine software modules (four in the DFTech Intellistat suite of products, and five from the Steere product line), to a combined client base of over 200 of the largest law firms in the United States, Canada and abroad.
About DFTech – Data Fusion Technologies, Inc. (DFTech), headquartered in Orange County, California is a leading provider of business intelligence technology and consulting services to large law firms. Building on more than 20 years of experience, DFTech offers products and customized services across all major financial systems in the legal industry to ensure long-term success in a rapidly changing market. DFTech’s experienced team of consultants, developers and administration coupled with its attention to service sets the business intelligence standard within the industry. For more information about DFTech, please visit the company website at www.dftech.com.
About Randy Steere LLC – Randy Steere LLC, headquartered in Massachusetts, has been providing quality consulting and innovative products for 20 years. Started exactly 20 years ago by Randy Steere, the company has steadily grown to a current base of over 130 clients and 5 innovative products. Each product was the first of its kind when released, and each continues to be the market leader to this day. Every associate has 15+ years of both legal and technical experience, allowing the company to provide the highest quality consulting and support expertise with one of the best reputations in the industry.
→DFTech is proud to now be part of the Aderant Expert Users Community
The Aderant Expert User Community (AEUC) is the principal forum for communication amongst the expert user’s community, sharing knowledge and experience about the core product and integrated applications and services. DFTech is proud to partner and support the growing community of Aderant, users many of who look to integrate world class Business Intelligence solutions onto this evolving platform.
→DFTech contributes to latest research on law firm profitability
Click here for more on this research.
“The right way to measure profitability is one that is accepted in your firm. The art is to measure it in a way that keeps everybody happy". - Jeff Suhr, SVP Products, Data Fusion Technologies.”
Click here for more insights from Jeff regarding DFTech's approach for law firm profitability analysis.
→Crowe Horwath goes live on Intellistat version 7.5
Longtime Data Fusion customer Crowe Horwath LLP has recently completed an upgrade to Intellistat version 7.5, the latest version of DFTech's Analytics solution. Crowe has been a loyal client since 2003 and has a long history of leveraging the Analytics data warehouse for critical financial and productivity reporting throughout the firm. The implementation was successful due in large part to the well managed coordination between Crowe’s finance and IT groups and DFTech's implementation team.
Jim Himschoot, Crowe’s Assistant Director and Senior SQL DBA comments,
“Like most complex software upgrades, this project required participation from many groups, both internal and external to the firm. What made this upgrade run smoothly was the quick response to issues by all participants and a focus from DFTech’s implementation team to deliver what they promised and work within our tight window to complete this upgrade before the end of our fiscal year. That effort, also, paid off as demonstrated by a very smooth and seamless "go-live" resulting in uninterrupted delivery of analytical financial information throughout the firm.”
→DFTech Introduces Matter Planning & Pricing Solution
DFTech is proud to welcome McCarter & English LLP as our newest Matter Planning &Pricing client. McCarter also uses DFTech’s Intellistat Analytics as well as Budgeting & Forecasting.
McCarter & English LLP selects DFTech’s Matter Planning & Pricing application to improve matter profitability. McCarter & English LLP, one of the nation’s leading firms, will be implementing DFTech’s latest offering to support the firm’s efforts to plan, price, and track critical client matters.
“We evaluated all the latest matter planning solutions developed for the legal market. We selected DFTech based on their ability to provide the best mix of comprehensive matter planning and pricing functionality, combined with ease of use to allow us to introduce the tool not only for the use of financial analysts but attorneys as well”Mike Leonardi, CFOMcCarter & English LLPRead More»