Due diligence data room advantages overview

The benefits of virtual data rooms for companies are not yet obvious to all enterprises. However, this is the best option for due diligence and large transactions. Below you will see more information about the benefits.

Automatic backup

You choose how often to back up your data. Cloud storage has a paid backup procedure if you want to make copies more often than the service provides. Define a schedule, and all data in the cloud will be backed up automatically at set intervals.

Independence from hardware failures

For a cloud server, the problem of component failure is not relevant. In data storage and processing centers, buildings where virtual infrastructure is being deployed, multi-level redundancy of computing resources is planned. There may be failures, but they do not carry fatal physical servers. Troubleshooting is an order of magnitude faster than running a local server due to redundancy and dedicated staff.

Maintaining performance in the event of encroachment by third parties

“I’m in the cloud!” – the company employees could say when they were searched. A cloud server cannot be “taken away” or broken. Therefore, even in extreme situations of inspection, robbery, search, fire, and so on, performance will not be impaired. A couple of drops of a sedative – and you can work!

How to move to the cloud?

Migrating services and applications to public clouds require special competencies, especially when a large amount of critical data is to be transferred. Such a transfer is the most difficult stage of migration. Before migration, any large organization that has continuously functioning IT services must carry out proof of concept and load testing, develop fault tolerance schemes, and think over plans for protecting data from loss and methods for their recovery. Ignoring these steps can lead to a business stoppage, user churn, and financial and reputational losses.

So, for migrating to the cloud, we recommend following the following action plan:

  1. Analyze processes and determine which ones will be improved when moving to the cloud.
  2. Analyze which application systems and technologies are used.
  3. Determine what you can deploy to the clouds from what you have.
  4. Determine which applications can be decomposed or ported to a microservices architecture and shared resources.
  5. Think over the scheme of interaction between clients and services: if yesterday everyone connected to one of their own data centers, then tomorrow they will connect to others.
  6. Think about how the remaining services will interact with the services that are transferred to the cloud.
  7. Based on the collected information, develop migration and data transfer plans (as we remember, this is the most difficult part of the migration).
  8. Conduct proof of concept and load testing.
  9. Announce to clients the date and time when services are unavailable.

Perform the planned work, conduct testing, and put the services into operation.