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How Data Room Technology Can Transform Your Business

Data room technology can help companies securely save and share important documents during corporate transactions such as M&A deals, fundraising rounds and other business activities. Using virtual data rooms means companies are able to avoid security risks of using generic file-sharing software or sending confidential documents via email, which is typically not encrypted and doesn’t leave an audit trail.

The right VDR allows you to share data with an intuitive interface and features that allow due diligence to be faster and more efficient. It’s also extremely secure and ensures that information is only accessible to only those who require it. Premium providers provide 24/7 support to assist with technical issues, and provide advice on how to optimise the data room.

A well-organized and captivating data room can help you provide the most relevant information to your audience, whether you’re trying to convince investors to back your company or simply presenting your pitch deck. A clear structure and concise presentation can be a real advantage when presenting a virtual event because it allows investors to focus on the most important points you are making, rather than fumbling with detailed information and complicated analysis.

Remember to only share the data of a subset of users when sharing engagement or retention metrics. For instance users who have spent more than 20 minutes per day on your app, or have added five or more friends. Oversharing can only make your audience confused and overwhelmed.

www.la-technologie.fr/2021/12/29/5-future-technologies-that-will-be-available-to-the-public-in-2018/

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