Storage virtualization is a technique that allows applications to access data regardless of the physical storage locations, which in turn helps organizations avoid huge upfront financial commitments. It also reduces complexity in the datacenter, allowing applications be run on one server or a reduced number.
Startups need a secure storage platform to share and store their documentation with potential investors for due diligence. A VDR like iDeals makes this process easy and efficient, by offering a variety of features to facilitate collaboration.
Private equity and venture capitalism firms need secure and streamlined communication channels with their portfolio companies. VDRs are a VDR offers a simple and secure way to keep and share sensitive information outside the firewall.
Many pharmaceutical and biotech companies deal with sensitive documents that need to be stored, reviewed and shared in a HIPAA compliant manner. A HIPAA-certified VDR, such as iDeals is the ideal fit for these companies.
During mergers or acquisitions there are many documents that must be shared. A virtual dataroom provides an secure environment for reviewing and collaborating on these documents. This greatly speeds the process of negotiating deals and also saves time. In addition it, a VDR provides a variety of other useful tools that streamline and simplify the entire process, such as Q&A sections, file annotation, and task assignation. This means that the entire team can work together efficiently and effectively in negotiating a deal without relying on emails or other external platforms.