Difference Between a Virtual Data Room and A Traditional Data Room

Below I have tried to state some differences between Virtual Data Rooms and Traditional Data Rooms:
Virtual Data Room:

1. The concept of virtual data room is Digital
2. Location of virtual data rooms are in the internet and address is website
3. The document format of virtual data rooms are digital or in soft copy
4. The data of virtual data room is stored in a central server which is named as storage
5. The information can be accessed parallel and no queue is in virtual data room. A lot of people can view document at the same time
6. Communication is contained in VDR
7. The process of posting is digital or online based

Traditional Data Room:

1. The concept of traditional data room is physical and it has physical existence
2. It has physical office and own physical address
3. The documents are in the paper format
4. To access the data you need to wait in the queue because at a time a lot of people cannot access data
5. Communication process is email or separate process
6. Post dealing reference is paper

The Great Benefits of Virtual Data Rooms:

1. Accessibility to more bidders withing a very short time maximize deal value
2. The process is quick and very simple and easy to set up
3. The documents cannot be copied and the data is digitally secured
4. The process is efficient over paper process
5. The interest of the bidders can be easily understood
6. Always keeps track about who has done what so easy to track anything