www.datatek-intl.com/does-your-startup-need-a-digital-data-room-service/

Many people utilize cloud storage for backup purposes, or use a cloud-based file sharing service to share files with friends/family. Some of these services offer advanced features, such as selective synchronization of folders for mobile devices as well as integration with productivity tools, smart notifications, document-level commenting, and activity streams that can help anyone know what’s changed or updated to a folder or file in the past. Some systems are focused on security by using encryption, allowing access to specific IP addresses, or even providing the virtual private network.

The most important factor in modern data management is the ability to provide real-time business insights, which require the use of a system that is able to deliver high performance and scale. This is not possible using solutions developed by consultants or at-home that rely on multiple regions, services, and clouds, and whose architecture is typically designed for fault tolerance, not high uptime.

Data Sharing

A robust data-sharing solution offers a single, consistent way to exchange data, monetize and consume live market data across the business ecosystem. It offers speed and power, as well as security for various data-driven applications such as historical sales forecasts to models of propensity of customers, to real-time data feeds to predict trends and identify new opportunities. This is a complex issue to solve. However, a best-of breed vendor can offer an infrastructure that can provide low latency information, while lowering costs, and reducing the risk of data.

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