VDR Industry is a secure online repository that allows for the sharing of documents. These systems are typically used in due diligence processes as well as mergers and acquisitions. These systems can be used in initial public offerings, in addition to other business transactions. Virtual data rooms can help reduce the amount of time and expense associated with a transaction by providing easy access all documents needed. They may also provide secure environments that eliminate the requirement to share physical files.
The VDR market is the result of several markets. Law firms and investment banks are the primary customers, along with venture capital and private equity businesses. The growth of this market is highly responsive to the overall performance of the economy. The expansion of the VDR market is driven by M&A activity and a growing demand for secure document exchange.
The growing concerns about safety have led to the enactment of laws by international and regional maritime corporations to increase security standards for passenger and cargo vessels. This has resulted in an increase of the demand for trip data recorders and will likely continue into the future.
VdR Industry Visions du Réel’s Industry section for 2024 has announced 29 projects that will be featured in VdR Pitching, VdR Work In Progress, and the VdR Rough Cut Lab, along with four projects in the VdR Development Lab. The festival’s new director, Alice Burgin, has stated her plans to offer cinema professionals «a unique opportunity to experience cinematic creativity in a stimulating and productive environment.» For more information look here.