Virtual Data Rooms Market Projected to Grow at a Steady Pace During 2015-2021
Conventionally, physical data rooms were used while the diligence processes were carried between two parties. However, to minimize the cost involved in managing physical data rooms, virtual data rooms evolved. A virtual data room is an extranet which provides repository of data that is hosted online and is used to share critical and confidential information with the other party (external customers and partners) over a secure connection. The information or the documents are stored electronically on a server in a...
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