Advantages of using a Virtual Data Room vs Traditional Data Room

Advantages of using a Virtual Data Room vs Traditional Data Room

A data room is a space created for housing data, usually of a secure or privileged nature. They can either be physical data rooms, virtual data rooms or data centers. They are used for many purposes including data storage, document exchange, file sharing, legal transactions and financial transactions.

Virtual data rooms

It is a secured online meeting place for all parties involved the virtual data room has become a tool to facilitate a deal course. Virtual data rooms are used for restoring and distribution of documents. The best ones offer military level security, multi-language support and wide ranging selection. A virtual data room is designed to have the same strength as a conventional data room. It is accessible over the allowed period hence a growing number of businesses and industries have moved to using virtual data rooms instead of physical data rooms.

Physical data rooms

Physical data accesses are more complex than they are for the virtual models. It requires specific hours to set for parties and visitors as they may need an individual time to access to avoid being in a room together.

Traditional data rooms

Traditional data rooms were once used to store data but are now losing market due to their slow level of storing data. The require many items such as photocopy machines, papers and files for storing data.

In comparison of traditional data rooms to virtual data rooms below are findings that were brought up

A traditional room is not always at the company’s office instead it is located at a nearby lawyer’s office for security purposes which increases the cost. While a virtual room is located on a secured sever at a third party Center. Its location is not important as long as there is an internet access to every user.

vdr-virtual-data-room-safe

Creating a traditional data room involves photocopying of many papers, one cannot risk putting the only original copy of an important document in a data room only to have it damaged or disappeared, with a virtual data room, you only select a service provider or a software and the solution is solved

With a traditional centers only the person in the center is eligible of taking care of the documents but still it can disappear while if checked keenly a virtual data room can restrict on whom to see the document and who to copy it.

A traditional data room is costly after adding up labor to copy and index with legal office space to manage a multi data, while a virtual data room requires less effort to make the cost will be less after combining all the labor. A virtual data room is allows easy access all the time from anywhere around the world while traditional data room will require some potentials to bid as they may be busy to go through the data room

A virtual room has an online data room that can let anyone see detailed responses to a question requested for without sharing the information while a traditional data is restricted to only that person who is taking care of the information.

Traditional data rooms are mostly last minute and it is impossible to have last minute bidders therefore people prefer the virtual data room.

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Astrology And The Oscars

Astrology And The Oscars

 

Friend and I have long had a theory that the winners of Academy Awards for Best Actor & Best Actress are those who play a role closely connected to their Sun Sign. Exploring all the winners over the years is a massive job, so for the sake of this article, I will look at some men and women who have won an Oscar over the years in relation to their Sun Sign. For the full list, wait on some other occasion.

The first ever winner of an Academy Award for Best Actress was Libran Janet Gaynor. She was given the award for three movies (something that is no longer done).  So, were all of these movies related to her Libran Sun Sign? Amazingly, yes! The first movie was a romantic drama called Seventh Heaven. The second was called Sunrise. It was a movie about the relationship between a man and his wife. The third, Street Angel, was a movie about a relationship between a young woman & an artist. The sign of Libra is all about relationships & romance. It also rules art. All three of these movies contained strong Libran themes.

The first ever winner of an Academy Award for Best Actor, Emil Jannings, who had the Sun in the sign of Leo. He was given the award for two movies (again, something that is no longer practiced). The first movie was called The Way of all Flesh and was about a man who loses his sense of self when he is robbed of his identity. The sign Leo is very strongly tied up with the ego & sense of self. Leo is also the sign of drama & acting. In the second movie, The Last Command, Jannings plays the part of an actor whose past comes back to haunt him. Towards the end of the film, the man he has wronged sees his true essence and says ‘He was more than a great actor – he was a great man.’

Move forward to 1939 and Scorpio Vivien Leigh wins Best Actress for Gone With the Wind. Would you call the role of Scarlett O’Hara a Scorpio one? Scorpio energy is all about transformation, change, secrets, sex, birth, death & control. Scarlett secretly lusted after Ashley Wilkes, who married another woman. She scandalised society with her refusal to stay in mourning after the death of her first husband. She was an incredibly strong & determined woman throughout the civil war who certainly dealt with her share of death. The relationship between Scarlett & Rhett Butler was a continual battle for control. There was a fair share of Scorpio energy in this role.

Perhaps the role that suited her Scorpio Sun the most was the one of Blanche DuBois in A Streetcar Named Desire, which won her a second Academy Award in 1951. In this role Leigh plays a woman who leaves her home after engaging in several affairs (one with a teenage boy) & after the suicide of her husband. She lives with her sister and husband, who she finds cruel & domineering. Blanche is eventually raped by her sister’s husband. This movie embraces the shadow side of Scorpio & Leigh played it to perfection.

When you look at the first – it is only a coincidence. But is it ? I think I will leave that question to you – otherwise there is no point in explaining the facts.

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