Virtual Data Room Providers
Using Virtual Dataroom in order to share and store data is a really common practice these days. Which lead to the rise of modern VDR providers. In this article, we are going to analyze the different service providers that are there in the market and what each of them offers.
Traditional Data Room Providers
There are basically three data providers when it comes to traditional data room providers. You have Merrill Datasite, RR Donnelley, and Intralinks. These data providers are known for their user-oriented data rooms that are rich in features and boasts heavy security features as well. This is why these VDRs are quite effective in merging and acquiring other companies.
Moreover, these data rooms are quite expensive as well, since they charge for every upload. As they are there in the market for such as a long time using them can be a little intimidating as well.
Modern Virtual Data Rooms
In this category, we have SecureDocs Virtual Data Room, V-Rooms, and Ansarada. On comparing these modern virtual data rooms with the data room you can expect easy set-up and maintenance. Along with that, these are quite inexpensive as well making them more practical in use. Additionally, these VDRs pay special attention to data security and user interface.
With their advance technology, you can expect these modern data rooms to be more advance in every aspect.
Collaboration Tools & File Sharing Services
Lastly in this list, we have Dropbox, Box, and Google Docs. All these platforms can not be considered as data rooms. What you get here are sharing platforms that you can use for sharing files and collaborate with other users on a file. All these tools are really inexpensive and easy to use but the main problem here is security. This is why you can never use these tools to share private information.
These are the three major types of virtual data rooms that are there in the market. Depending on your needs you can opt for any of these virtual data room providers.