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European Finance

What Is Virtual Data Storage?

Virtual data storage is a way for storing sensitive data online. It is often used for business due diligence, IPOs, and other confidential projects. VDRs, unlike free file-sharing platforms, come with additional security tools and features that protect your data from security threats. VDRs allow you to store your private files in a way that only you have access.

What is Storage Virtualization?

Storage virtualization, a method developed over the last few decades, breaks down the boundaries of physical storage devices and presents them as a central pool that has a single capacity. It removes the dependence between https://myvirtualstorage.blog/the-impact-of-the-bet-data-room-software/ the underlying storage hardware as well as the applications that use data, making it easier to manage storage.

Aside from reducing complexity, virtual storage also helps reduce costs. This is achieved by reducing the requirement for redundant hardware and eliminating the requirement to purchase new storage devices as the requirements for capacity increase. This makes the purchase of new storage much less expensive, especially if you are able to increase capacity as needed instead of being able to predict the future requirements.

A virtual SAN is more stable and offers less downtime. This is because, if one device experiences issues, only the affected device is removed while the rest of the SAN continues to function. It’s important to think about these advantages when deciding what kind of storage will work ideal for your company. Find out more about HPE GreenLake’s and HPE Alletra’s range of storage for files and blocks to understand how virtualization helps simplify storage management.

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