All start-ups emerge from an idea. This idea is then transformed into a business model. Being a start-up is both opportunistic and scary. Since a start-up is based on an idea, it is very important to secure this idea.
Pitching the ideas as a business plan to various investors is how the start-ups grow. In the process of pitching the idea, there is a high probability that the idea will be lost in transit, that is the idea can be illegally copied. It should be kept in mind that most start-ups do not patent their ideas immediately. And even if they do get their ideas patented, they most probably will not have the required finances to fight patent litigation.
As a start-up, this is our primary concern as well. Earlier, we used other cloud-based storage systems. In all honesty, we used those systems for cost efficiency. But over the past of a couple of years, we have been reading about various data breach cases. In the beginning, we didn’t worry too much because those systems did promise basic privacy.
But the headlines on data theft was alarmingly increasing. This worried us a little. We did not have the finances to fight in Court and needed a safe medium to transfer files. We have very sensitive information relating to the financial records of our clients. Our clients were also beginning to worry as to where we store their data. We were part of a tech summit that took place.
We keep the folders of financial advisors and auditors separately; this has helped us work more efficiently. We are able to restrict the viewing rights of the investors we share our files with and restrict the usage of data of our employees. When we share our files with a prospective investor, we can delete it after they view it once. This is definitely helping us secure our ideas. Each file has a password and therefore, making it very confidential. Since DCirrus is a start-up too, they relate to our concerns and are giving us better solutions to our problems. And for the services they provide, it is very cost-efficient. The price we pay to them is for the privacy they provide us with and is completely worth it. Overall, DCirrus is helping us organize, manage and keep our data confidential, making us more efficient and productive.