Storage virtualization combines physical storage devices into what appears to be one data pool. This is achieved by taking the storage capacity of different devices and present them to the server as one entity, thus eliminating redundant hardware and boosting the efficiency of storage.

A VDR (virtual room) can be used to streamline due diligence processes and fundraising from investors. It allows many parties to work in a secure space. VDRs can also provide a array of tools that can simplify project management and facilitate the collaboration process. They can be expensive, and they do not have many of the virtual data room more advanced features available in cloud storage.

Cloud storage services permit users to save and retrieve data remotely via a browser, which reduces the need for expensive hardware redundancies. It does, however, require a trust that your company’s data is kept safe by a third-party.

Block storage virtualization is a software program that creates a barrier between the physical disk drives and the operating system, which allows them to be read faster than if they were being read directly from the drive. It also eliminates the need for a separate hardware platform, like RAID which manages storage devices.

File virtualization focuses primarily on NAS storage architecture. This enables companies to optimize storage usage and consolidate servers. It also allows them to conduct non-disruptive transfers of files. This is done by removing the dependence on physical directories and file systems and providing advanced functions such as caching and tiering on the storage virtualization levels.