A daring digital tool for a traditionally analog audience
<p>The company I work for develops a virtual data room software called Drooms which caters to a very niche audience: Lawyers. A data room is a secure virtual space used for housing confidential data for different purposes, in the case of <a href="https://drooms.com/" rel="noopener ugc nofollow" target="_blank">Drooms</a>, our main focus is due diligence processes for Real Estate.</p>
<p>In previous years these type of legal transactions used to be done in a physical data room, which was basically a “<em>physically secure continually monitored room, normally in the vendor’s offices (or those of their lawyers), which the bidders and their advisers will visit in order to inspect and report on the various documents and other data made available... Teams involved in large </em><a href="https://en.wikipedia.org/wiki/Due_diligence" rel="noopener ugc nofollow" target="_blank"><em>due diligence</em></a><em> processes will typically have to be flown in from many regions or countries and remain available throughout the process. Such teams often comprise a number of experts in different fields and so the overall cost of keeping such groups on call near to the data room is often extremely high.</em>” — <a href="https://en.wikipedia.org/wiki/Data_room" rel="noopener ugc nofollow" target="_blank">Wikipedia, data room.</a> Nowadays, this process has been digitized and due diligence transactions are being made online, through secure software such as Drooms NXG.</p>
<p><a href="https://uxdesign.cc/a-daring-digital-tool-for-a-traditionally-analog-audience-ed700875e4c8"><strong>Click Here</strong></a></p>