Most Pressing Issues with Virtual Data Rooms

Posted by on Sep 5, 2015 in Technology |

In a move meant cut costs and to reduce the working time, many companies have turned to Virtual Data Rooms (VDRs) in order to allow many employees simultaneous access to confidential information and to enable centralized version control. Nevertheless, no technology is free of drawbacks. The VDR’s are no exception. The following are some of the challenges that are facing the usage of VDR’s today.

  1. Virtual Mistakes and Errors

It is impossible to review vast bulks of electronic material for long time periods. Viewing a computer for prolonged times leads to eye, neck, fatigue, back pains and other physical problems. As a result, associates make some mistakes when going through online electronic materials. It occurs mostly when reviewing bulk materials for prolonged times in front of a computer under tight deadlines. The cost that comes from making these errors greatly overweigh the designed cost-saving nature of VDRs.

The other mistake that commonly occurs is the omission of some files while uploading the files to VDRs. As a result, there are hard copies of certain information that could be present in the office and are not available to other workers online. It therefore, becomes difficult to perform certain tasks to the level best as there is missing information.

2.Security Issues

In the world today, most companies, especially large ones, are mostly interested in ensuring that their information remains private and confidential. After all, information is power. For this reason, they employ large sums of money into ensuring that their information remains confidential. The emergence of VDRs has posed a significant threat to the security of data. The reason behind this is:

*The VDR service providers have access companies’ information as they have to scan and upload the companies’ data.

*Potential buyers are given access information before the deal is completed.

The result of this is that more people have a lot of access to information technology that is considered private. Security concerns associated with sharing a company’s sensitive information with a single potential buyer becomes multiplied by the number of potential customers becomes increased. These security concerns include spying, misuse of shared information, threats and so on.


There is also no guarantee that potential buyers will not leak the information shared by competitors. The result of such an act could be damaging to the seller

3.Access to Non-digital Information.

VDRs make it impossible for buyers to obtain non digitalized information such as product samples. It becomes problematic especially where boarders are involved. The buyer is, therefore, forced to travel to the seller or the seller obliged to post the product, which leads to additional costs.

4.Costly to the buyer

In contrast to PDRs, buyers have to print and copy their work. In a VDR, most of the documents and information are outsourced to the buyer online who incurs an additional cost when copying and printing, these pose minor barriers in Mergers and acquisitions. Local customers tend to bear the highest incremental increase in terms of cost.

5.System Performance

Compared to PDRs, buyers using VDRs take more time compared to read the documents. The physical review of documents is faster compared to online viewing. People using VDRs, therefore, end up spending more time in the long run compared to people who opt for PDR.

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How technology is actually helping your well being

Posted by on Aug 23, 2015 in Medical, Technology, Well Being |

Although many shamans, gurus, faith healers or yogis strongly advise that people should return to nature ASAP, or as Enigma has it – “Return to Innocence.mp3”, this is maybe easier said than done. Speaking from personal experience, as I indeed am a passionate hiker and MTB cyclist, i.e. a true “nature lover”, I can say that benefits which come from certain devices and gadgets far more exceed any superstitious fear or prejudice, which arise from lack of knowledge, as usual.

Nature is great, we should preserve it as much as possible, of course, and leading “simple” lives truly has it’s benefits, but…Having a bit of technology in your life is certainly not such a bad thing, no matter what your Holy Book has to say. Wheels of evolution are impossible to stop, and since Homo sapiens has that inborn ability to adapt, he can certainly do so with progress of society.

So, what DO we have?

maxresdefaultWell, for starters, that thing you hold in your hands while reading this – a smart phone, presumably. They walked right into our lives, bearing gifts and doing everything we want them to, and positives which they can provide for your daily health routine and general well being are immense. In fact, it all depends on YOU – there are numbers of cool apps for exercise, fitness, nutrition, etc. and all you have to do is go visit a virtual store and start following instructions. Health is an integral part of a person’s well being so with these apps you can take care of yourself and still be trendy and in-tune with modern day activities.

Closely related to smart phones are their cousins – social networks. It will not be long before everybody has a profile on (at least) one of them, even senior citizens, and this is something that can be very useful for their health and general condition. Sharing knowledge and experiences is already in full swing and people from across the world are helping each other through advice and a kind of group counseling.
health-apps-techConnectivity is also helpful in another way: sharing of databases. Human brain is great an’ all, but…we can remember only so much…and computers?
There are no limits for them, with super-computers being developed and upgraded constantly. This gives doctors and patients a very easy access to lists of symptoms and also lists of treatments for any possible illness or problem. With a few clicks you can now achieve something that just a few years back required opening several books and reading hundreds of pages.

All of these things I mentioned are your “everyday tech-stuff“, and we didn’t even engage into the unknown and obscure depths of modern hi-tech machines and medical apparatus which is also being improved as we speak. Almost every branch of medicine is now relying heavily on technological research and experiments and all of that results in a better health care and greater number of satisfied patients. Artificial organs (3D printing) and super-adjustable prosthetics are just some of those improvements…and there are many, many more.
So, you still think healing with chanting or prayers is better? Think again.

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