The use of virtual data rooms increases every year, and while North America remains the biggest user of the technology, Europe and Asia are rapidly catching up. The growth is driven mainly by a few key factors, which all fit comfortably under the heading of due diligence. Data room technology offers the ability to reach across borders. It speeds up processes by reducing time frames and frustrations of document access during high-level deals, and gives peace of mind to all parties involved.
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:
In past posts, we have covered our perspective as a data room provider about the risks of social engineering. The term has become more familiar to all of us thanks to the increased recurrence of high profile breaches that are occurring in the corporate world as well as in government organizations. While a number of the breaches happen due to poor technology, many more happen because of the manipulation of people to give up confidential information. Here are some of the recent tricks and strategies used by social engineers and some ideas to protect yourself and your company against such attacks.
There are a number of Virtual Data Room providers in the world. Some are global with operations in multiple countries and clients in many more. Some are local; they only serve the country in which they have an office. The question is - can a global Virtual Data Room provider meet your local market needs just as well as a local Virtual Data Room provider who predominantly operates only in your region? Here are four factors to consider:
A Virtual Data Room provider is only as good as the team that runs the company behind the scenes. A leading company would not just provide a do-it-yourself product but also a service team to support every transaction. It is key to train the service team in all aspects related to virtual data room security. Here are some key aspects that are considered:
You need a fast virtual data room to run your M&A transaction efficiently. There is nothing more frustrating than having a virtual data room that becomes a bottle neck in your process. These are the 5 factors that we continuously work on to make us the fastest.
Due diligence is a term widely used in the business world. It’s requirement as a normal activity in business has spurred the need for due diligence data rooms. In this article we are going to talk about what due diligence is, when does it happen, it’s history and how technology has influenced the process.
Despite being in a competitive industry, EthosData Virtual Data Rooms stood out from the rest by winning as many as five M&A awards over the course of just two years (2014 Virtual Data Room Provider Of The Year Asia Pacific Region, 2014 Virtual Data Room Provider Of The Year Spain, 2014 Sustained Excellence In Data Room Services UK, 2013 Virtual Data Room Provider Of The Year India, 2013 VDR Rising Star UK). What was so different about EthosData in an industry that is becoming more and more commoditised? Why is it being so recognized by businesses of its virtual data room services? Here are 5 factors to consider:
One of the first questions that you usually look for when
you are considering hiring the services of a professional virtual data room provider is the cost. This article is about the factors you should be considering before making a decision on how much you should pay for your virtual data room. Here are 5 points that you should consider: