Atlanta, GA, April 14, 2011
Gartner, Inc. – a leading information technology research and advisory company – identified V-Rooms™ as a provider of SaaS-based Virtual Data Room technology in a report recently released entitled “An Introduction to Virtual Data Rooms”
Gartner, Inc. – a leading information technology research and advisory company – identified V-Rooms™ as a provider of SaaS-based Virtual Data Room technology in a report recently released entitled “An Introduction to Virtual Data Rooms.” Virtual Data Rooms (VDR) are primarily used for financial, legal and medical document collaboration – all of which require the highly controlled exchange of proprietary and regulated information outside of the enterprise firewall.
A Virtual Data Room (VDR) is a secure, trusted portal for exchanging sensitive documents and information with those outside of an organization’s firewall – primarily nonemployees that may include investors, attorneys, accountants, regulators, bankers and potential buyers. VDRs host and serve documents, which may be created in-house or elsewhere, for end users to read online, download and possibly share with others, depending upon the privileges they have been granted.
“As Gartner began to explore the VDR space, we were pleased to be one of the firms that were interviewed for their research report,” said Dan Bradbary, CEO of V-Rooms. “Secure online communication portals are increasingly being used by organizations for the exchange of sensitive information now that executives are aware of the security shortcomings of distributing documents via e-mail and CDs in this era of WikiLeaks.”
Since information can be shared so easily with the touch of a button, the dilemma now is how to keep sensitive information confidential. As organizations share large volumes of documents for various operations and transactions, it becomes increasingly challenging to facilitate the required exchange and collaboration of reams of highly sensitive documents while maintaining control over who has access to this critical information. The V-Rooms Electronic Data Room system delivers valuable data about how and from which platforms and devices users are viewing, exchanging and printing documents. Having such an audit trail provides greater accountability in complex business transactions and helps to control “data leakage”.
To purchase a copy of the Gartner report, click here, “Introduction to Virtual Data Rooms“.
Due Diligence Online, LLC (800-731-6379). V-Rooms provides a privately-branded online virtual data room solution, designed to streamline document management, collaboration, exchange and archiving for Financial, Legal and Corporate professionals. Our document repository facilitates the compliant and auditable exchange of sensitive information to accelerate complex, information-intensive processes, while reducing the time and expenses associated with data distribution, courier, printing and travel.
Karen Perkins KPerkins@V-Rooms.com Phone: 800-731-6379