Numerous enterprises are collecting information in the offices, on local computers. It is only a small part of it that we rely on the services of data centers and providers so that we can clean up our business from the expense of money. Thus, in this article, we will discuss the VDR platform as an alternative solution for your business.
VDR – a reliable solution for those who care about secure business deals
Modern business is impossible to imagine without the use of information technology. And retail is no exception. Every company working in the field of retail collects and processes a huge amount of diverse information on a daily basis. Large retail chains have long understood the benefits of collecting and analyzing data on customers, suppliers, customer routes, etc., so they are constantly working with large data sets: BigData.
But to work effectively in the current environment, small companies also need to constantly collect and analyze information, and they do not have the opportunity to allocate large financial resources for the implementation of information technology. The way out may be the use of various cloud solutions.
Virtual data rooms, also known as transaction rooms or data sites, are online stores or repositories of all kinds of information that are used to store and host documents dataroom-review.com.
If you need to regularly transmit confidential information of a large volume, the advantages of a virtual room are obvious. This is the absence of restrictions on the size of files, and encryption of information, and the ability to track versions of documents and provide timely feedback in relation to specific documents. But the most important thing is in the “magic formula” 24×7, with the ability to access the information stored in the virtual room from anywhere in the world where there is electricity and the Internet.
In almost any situation when a company needs to provide simultaneous access to confidential information to several persons:
- analysis of corporate reporting;
- creating an archive of documents;
- search and provision of information for investors;
- preparation of an initial public offering;
- mergers and acquisitions;
- bankruptcy and restructuring;
- preparation for obtaining certificates for medicines or other scientific developments.
Comparison with FTP
FTP is an old “friend” who repeatedly helped out when it was necessary to transfer a large file that could not crawl through e-mail – fell victim, on the one hand, of its own accessibility, when information is transmitted in clear text and can be received not only by your addressee, on the other hand, the complexity of creating and managing accounts, requiring significant knowledge of IT.
In general, you just have a certain “place” where “something” is stored, without the ability to track versions, to lead a discussion. In the virtual data room, these disadvantages are absent.
Cloud environments are in great demand in the field of new technologies, so they have their advantages and disadvantages. Here are the main advantages:
- availability from different devices and user-friendliness;
- reliability (cloud data centers have backup power supplies, regular data backup, high resistance to hacker attacks, in addition, they are seriously protected and maintained by professionals;
- online openness of the educational environment.