Merger Technology is the upcoming internet marvel. It helps in the creation of Virtual Data Rooms which provide access to prospective buyers, document handling processes, storage of documents and other similar processes. There are a lot of websites like which provide access to such Virtual Data Rooms.

Cloud computing is the form of internet based service provided to consumers. They allow users to use a network of servers, computers, software and different peripheral devices for:

  • Processing of Data

Using the services of websites like are used for a variety of reasons. Processing of data is a major part of such services. Using SaaS ( Software as a Service) clients can use the processing power of a computer network through a server. They can use these software without installing them or downloading them into the client’s computer system.

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  • Storage of data and other confidential matter

Storage and handling of confidential data is another specialty of such services. IaaS which is Infrastructure as a Service provides the users with access to cloud based storage mediums. Such mediums include:

  • Storage clouds
  • Remote computers
  • Data Banks
  • Central Servers

Such mediums are cheaper and can be accessed easily from anywhere by only the authorized personnel. They guarantee the privacy and safety of all data stored with them.

  • Central Servers

One of the biggest characteristics of Cloud computing is the presence of Central Servers. They are the main computer in the network which connects all the computer systems with one another. They also connect the network with peripheral devices and printers. They provide the clients access to their intended services with the help of the internet. The also help in data processing, storage and output.

Cloud computing is a internet based system which is cheaper than the traditional methods of data management.