A virtual data room is a cloud-based storage system. It provides a huge storage space with high security. Are you considering buying a virtual data room but you are confused? This is very natural since the virtual data room market is very wide, it is very easy to get lost. The purpose of this blog is to lay down all the options available in the market and make a comparison, which will help you make the best choice.
Choosing the virtual data room that fits you best is extremely important. The following is a brief checklist. For the complete checklist, click here: https://dcirrus.com/what-to-look-for-when-you-buy-virtual-data-room/.
Look for a virtual data room that is:
This is a very brief checklist. These are the basic features of a good virtual data room. Make sure, the data room has all of these features. Never compromise on these features, especially the data room being highly secure.
Now let us take a look at some of the popular virtual data room providers in the market
If you have read about virtual data rooms, you probably would have come across iDeals.[i] Some of their prominent features are their document management tolls that includes drag and drop file upload, full text search, bulk upload, files can be uploaded in any format. Document security features including watermarks, remote shred. Access security features including granular user permission, two factor authentication.[ii]
Price: Basic plan at 175 USD per month[iii]
Intralinks is one of the most popular virtual data rooms available in the market[iv]. Some of their prominent features include, expedited VDR setup, detailed reporting, streamlined user invitations, watermarking, permissions, auto indexing. They focus on the flow of your merger and acquisition deals with uncompromised security.
EthosData virtual data rooms can be installed in under 5 minutes.[v] Navigating within the virtual data room is made simple. They provide data rooms with security features. They provide a 24/7 customer support service.
Price: Basic plan at 180 USD per month.[vi]
DCirrus is the best virtual data room provider in the market. At Dcirrus, your security and privacy are our priority. The following are some of the features that distinguish DCirrus from every other data room provider in the market:
Dcirrus, hands down, provides the most secure virtual data room in the market. A data breach entails several legal consequences that puts the business in bad light. The co-founder of DCirrus is a lawyer by profession and understands these consequences very well. Hence, our data rooms are designed in such a way as to combat such data breaches. We ensure thew complete security of your data. The common feature among all te leading data room providers is that they provide security features. We provide those features and also additional security features. Some of our security features are
While the leading data room providers like iDeals provide two-factor authentication, we provide multi-factor authentication. This ensures stronger security. It is always better to choose the data room provider with the highest-level security feature. DCirrus provides the highest-level security features in the market.
If the documents are watermarked, they cannot be misused. We provide this feature. This an additional security feature is the very basic security feature of our data rooms. Protect your data completely with Dcirrus.
Most data room providers provide very basic level encryption. But DCirrus, provides multi-level encryption. This means your data is protected at multiple levels. This reduces the risk of a data breach to a great extent. Choose Dcirrus and forget the worry of a data breach.
To ensure to complete security, we provide multi-level verification. You can verify the entry of personnel and documents. You can monitor every transaction of every document. Choose DCirrus and decide what happens with your data.
Further, unlike the other platforms, Dcirrus absolutely has no access to your data. We are here only to assist you and nothing more. You will never have to worry about your data being compromised, if you choose DCirrus!
DCirrus provides a wide range of management tools to monitor your data. A lot of times, data breaches are a result of an internal slip. Monitor every data transaction and avoid internal slips to a great extent. You can restrict access to just viewing, this will disallow the receiver from downloading or copying the document to another device. The admins can control what the employees the see and do with the documents. Further, granting these permissions can only be done by the admins. They can selectively grant access. Manage and supervise your data with DCirrus !
DCirrus is the most efficient data room provider. Our features help accelerate your efficiency and productivity. With our smart search feature, all your documents are one click away. With our drag and drop feature, you can upload huge data easily. Save time and energy with DCirrus!
Most data rooms have most of the above-mentioned features. But how cost efficient are they? Not very cost efficient. As seen above, the starting plans of these providers is at 175 USD per month. Yes, a secure virtual data room is a good investment. But when you can get a more secure data room at a cheaper price, why shell those extra dollars.
At DCirrus, the data rooms are priced according to your necessities. We only charge you for what you actually need and use. The most basic plan would come up to approximately 10,000 INR per month. It is to be noted that our data rooms are the most affordable in the market and at the same time, our data rooms are also the most secure ones.
Choose DCirrus today and save time, energy and money!