Virtual Data Solutions for M&A, Due Diligence, and Other Use Cases

Virtual data solutions provide a single source of truth for all data in the enterprise which is instantly accessible to analytics and applications without the cost, complexity, and time of traditional physical data warehouses or ETL. It integrates data from on-premises as well as cloud sources, transforms them into a business-friendly view and gives the data to analytics and applications when needed. With a single repository, it eliminates duplicate data replication and decreases the operational costs.

Due Diligence

During M&A transactions there is a tendency for both the buy-side and sell-side to need to review documents in order to evaluate the potential deal. VDRs offer a secure, organized environment for uploading, viewing and reviewing documents. Watermarks, screenshot security, and the option to change permissions are all built-in features which help to prevent the leakage of confidential data during negotiation.

Life Sciences

The use of VDRs has become more widespread in the pharmaceutical industry to facilitate the management of sensitive information. The demand for this technology is also expanding for other applications like regulatory compliance, clinical trials and other uses.

There are many ways to select the most appropriate virtual data solution, which includes their pricing https://virtualdatasolutions.blog/data-contingency-plan-as-a-must-have-option-for-all-companies/ structure, feature sets, and security functionality. It is important that the vendor you select will meet your needs in terms of performance in terms of scalability, support and functionality. The majority of vendors offer different plans with various storage capacities and features to cater to different use scenarios, with a predictable cost.