Virtual Data Room - VDR
A Virtual Data Room (VDR) is a series of proprietary extranets that provide an online repository of data. Businesses typically use a secure virtual data room to share critical information with external customers and partners in a secure, online environment. The Virtual Data Room enables parties to view documents relevant to a particular transaction for authorized users. Documents are stored in electronic format on a central server and accessed via the Internet.
Secure, Virtual Meeting Rooms
VDRs are assumed to be secure and confidential virtual meeting rooms where buyers, attorneys, accountants and other professionals can review sensitive documents. Initially, VDRs were mainly used by lawyers to meet with clients, but today VDRs are used in a wide array of businesses where a cost-effective way to eliminate the need for a physical data or consultation room is needed.
A Virtual Data Room is commonly called a Virtual Deal Room.
IT Solutions Builder TOP IT RESOURCES TO MOVE YOUR BUSINESS FORWARD
Which topic are you interested in?
What is your company size?
What is your job title?
What is your job function?
Searching our resource database to find your matches...
Stay up to date on the latest developments in Internet terminology with a free weekly newsletter from Webopedia. Join to subscribe now.
The following facts and statistics capture the changing landscape of cloud computing and how service providers and customers are keeping up with... Read More »SEO Dictionary
From keyword analysis to backlinks and Google search engine algorithm updates, our search engine optimization glossary lists 85 SEO terms you need... Read More »Texting & Chat Abbreviations
From A3 to ZZZ this guide lists 1,500 text message and online chat abbreviations to help you translate and understand today's texting lingo. Read More »
Java is a high-level programming language. This guide describes the basics of Java, providing an overview of syntax, variables, data types and... Read More »Java Basics, Part 2
This second Study Guide describes the basics of Java, providing an overview of operators, modifiers and control Structures. Read More »Network Fundamentals Study Guide
Networking fundamentals teaches the building blocks of modern network design. Learn different types of networks, concepts, architecture and... Read More »