EthosData Dataroom Blog

Virtual Data Room Comparison: Questions That Will Help You Compare

Posted by Harsh Batra on Aug 26, 2014 11:00:00 AM

On average 140 people search for “Virtual Data Room Comparison” globally on Google each month. There are many options when setting up a dataroom and with so much choice out there, it is easy to be overwhelmed.  In the past, we have already discussed the most common mistakes that people make when choosing a data room provider and the factors to take into account when comparing providers.  Here are some of the questions that you should consider when making a decision.

Service :

Some solutions are DIY (do-it-yourself) solutions complemented with online help guides. Others options include full-fledged service to upload documents, set up permissions and do a host of other functions as part of the offering.

  1. Does the Virtual Data Room provider assign a point person that drives the transaction or is everything sent to a common helpdesk?
  2. Does the service include managing documents, permissions, conversions and user follow-ups or do you have to do it all by yourself?
  3. Can you get in contact with the data room provider via a dedicated email, chat room or telephone?  Is it really 24/7?
  4. Self-Management: Is the platform easy enough to operate on your own?
  5. Live Demos/Training: Can live demos be provided on request? You should be able to get as many demo and training sessions as required.
Read More

Topics: virtual data room

Managing a Virtual Data Room: The Importance Of Clear Communication

Posted by Maria Rubio on Aug 22, 2014 11:21:00 AM

A Virtual Data Room has many moving parts.  With the help of the internet, users are accessing confidential information around the clock from various time zones, in multiple languages from different operating systems (windows and mac). Each computer usually runs different softwares with different versions, some of which may be up to date while others might not be. Add to that the varying internet connection speeds, the multiple types of firewalls and spam filters. How does one ensure that everything works effortlessly? The answer lies in clear communication that is run through a rock-solid process. Here are 6 steps that every Virtual Data Room provider should follow to ensure that each :

Read More

Topics: Virtua Data Room,, Management

EthosData Virtual Data Rooms' Cricket Team Beats SpiceJet By 1 Run

Posted by Harsh Batra on Aug 15, 2014 11:00:00 AM

At EthosData we love competing! Our Virtual Data Room competes with the likes of Ansarada, Intralinks and Merrill all the time. Competition brings out the best in us so we wanted to take that competitive spirit into the sports arena by participating in a corporate cricket tournament. Over the last 3 months, we played against IIT Alumni, Foresight Communications, WCE, JPKU and SpiceJet in a T20 cricket tournament that also included Metlife, Vadilal, HMV and GS Corporate. In the road to victory in a thrilling final, here are the lessons we learnt:

Read More

Topics: virtual data room

Data Room Providers Perspetive On How To Give Brilliant Demonstrations

Posted by Harsh Batra on Aug 13, 2014 12:00:53 PM

We have given thousands of Data Room demos over the past 14 years. If you are providing a Software As A Service (SAAS), then to be able to convince your prospect about the benefits of paying for such a product, you will have to give demos. These demonstrations of your product can be in person, or can be provided through online tools such as JoinMe, Go-To-Meeting or Webex. Irrespective of how you choose to give your demos, there are some key ingredients which make for a brilliant data room demonstration. Here they are:

Read More

Topics: virtual data room, Dataroom Demo,

Secure File Sharing - Business Grade vs Consumer Grade Solutions

Posted by David Diez on Aug 8, 2014 11:00:00 AM

Are you looking for secure file sharing solutions? You are not alone! Being able to share files and documents securely with third parties is one of the main challenges that companies face and ensuring security is at the heart of this need. 

We recently wrote about 7 ways of sharing documents on the internet but the majority of those options did not have security as their main priority. You will notice that most of these services come under consumer grade solutions. The ones that focus solely on security are business grade solutions. Some of the main differences in the two types of file sharing solutions are:

Read More

Topics: dataroom, fileshare

世界こんにちは! Our new Japanese Web

Posted by Di Wu on Aug 6, 2014 10:27:00 AM

こんにちは !

We have been providing Data Room Services in Japan for a while now. Today, we are very happy to introduce our Japan dedicated website!

Read More

Topics: Data Room

11 Reasons Why Virtual Data Rooms Make Your Life Easier During M&A

Posted by Maria Rubio on Aug 5, 2014 11:00:00 AM

Simpler_Data_RoomWe already know that M&A is at the core of the Virtual Data Room industry. But why do  Virtual Data Rooms make life easier during M&A? We will be exploring 11 reasons why sophisticated technology is being used to connect buyers and sellers across the globe, leading to record breaking multi-billion dollar transactions.

Read More

Topics: virtual data room

5 Reasons why UAE companies conduct data room due diligence

Posted by Kamal Raj on Aug 1, 2014 11:00:00 AM

The advancement in sophisticated technology has allowed multi-million dollar transactions to be conducted on the internet through data roomsWith the middle east recording twice as many transactions in the first quarter of 2014 as opposed to the last quarter of 2013 at $2 billion, it is no surprise that data room due diligence are happening virtually. With the UAE being the 19th most attractive country for M&A activity globally, investors are probably doing due diligence predominantly in a data room setting for the following five reasons:

Read More

Ways Of Sharing Documents On The Internet

Posted by Harsh Batra on Jul 29, 2014 11:00:00 AM

Sharing documents online is second nature to most of us. We need to share documents to demonstrate the work we have done, to get comments and feedback, to enable us to collaborate with our colleagues, partners and consultants and sometimes to get our boss to sign, scan and send us back the document so that we can record another successful sale. Whatever the purpose, I am sure that you want to know what is the best way of sharing your documents online. I will go through all the 7 options available to you:

Read More

Why Do Lawyers Have A Love Hate Relationship With Virtual Data Rooms?

Posted by Harsh Batra on Jul 25, 2014 11:00:00 AM

I work in the virtual data room industry. Out of the 250+ transactions I have been involved in, I have never come across a due diligence process which is absent from lawyers. Lawyers, specifically corporate lawyers, do more work on the virtual data room at every stage, from the start of the process till the end, than probably all of the other parties combined. Even though most corporate lawyers could not live without virtual data rooms, many are detractors of the technology. Here are 6 reasons why:

Read More

Español  中文





Recommended Links

Vintage

- Copal Partners  

- HeterMedia

Millnet's smart e-discovery

 

SUBSCRIBE BY EMAIL