Businesses are expanding software budgets, with SaaS costs growing faster than market inflation. That is why tracking expenses for critical software solutions, including virtual data rooms (VDRs), is becoming increasingly important. “A typical business in 2024 is spending significantly more on software than it was a year ago — even without purchasing any new products […]
The service pricing for enterprise software solutions, like virtual data rooms (VDRs), is rising. These days, UK businesses spend over 14% on software, averaging £6,500 per employee — the highest in recent years. “More than £1 of every £8 spent on software – a record high in SaaS business expenditure.” PR Newswire. With data room […]
In mergers and acquisitions (M&A), data rooms are essential for securely managing confidential documents. Though traditionally, physical data rooms were the standard for secure document sharing, virtual data rooms (VDRs) now outpace traditional solutions. No wonder the global virtual data room market was valued at $2.37 billion in 2023 and is expected to expand to […]
The virtual data room market is expanding rapidly, driven by the demand for secure data management solutions in M&A, private equity, and financial transactions. In today’s high-stakes environment, virtual data rooms (VDRs) are essential for organizations handling sensitive data, particularly in transactions where data security and regulatory compliance are key. In 2024, the market growth […]