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Brainloop Secure Dataroom Increases Companies' Confidence in Cloud Computing

While the pros and cons of cloud computing are being discussed at technical conf
erences, well over half of the blue chip companies on Germany's DAX 30 stock mar
ket index have demonstrated their confidence in cloud-based services
Boston, MA, October 18, 2010 -- While the pros and cons of cloud computing are b
eing discussed at technical conferences, well over half of the blue chip compani
es on Germany's DAX 30 stock market index have demonstrated their confidence in
cloud-based services. ( www.Brainloop.com ) They use these in different ways - f
or example, the telecom giant Deutsche Telekom provides internal cloud services
to its users, while luxury carmaker BMW uses SaaS applications. "Many companies
will just copy the cloud concept's model and characteristics, then implement clo
uds internally or in loose partnerships," says Gartner analyst Robert Watson, wh
o currently believes the private cloud has the most growth potential.
However, companies are still very reticent about sharing business-critical docum
ents via the cloud. Their competitive edge often depends on working with informa
tion in an efficient and - crucially - secure manner. Yet many enterprises find
it hard to achieve these conflicting goals: securing business-critical data whil
e facilitating its distribution to people within and outside the company who nee
d to work with it. They also have concerns about the cloud in terms of fulfillin
g compliance obligations,( http://www.brainloop.com/products/security-features.h
tml ) which have arisen from increasing regulatory and market pressure and are d
esigned to make business processes more transparent. Often, companies face a per
plexing dilemma: how can they work effectively with confidential board meeting,
human resources, and M&A documents whose content must be rigorously protected wh
ile remaining easily accessible for authorized users?
A secure data room that underpins document compliance management ( http://www.b
rainloop.com/products/brainloop-secure-dataroom.html ) is the best way forward f
or firms in this situation because it gives users both security and efficiency w
hen sharing and working with sensitive documents. The data room,( http://www.bra
inloop.com ) with multiple levels of security delivered by an external service p
rovider, houses all of the documents needed for a specific project or group of p
eople and makes them accessible in a "digital safe". The service provider partne
rs with a certified data center that is specialized in secure data storage, whos
e distributed locations and high level of resilience can help sweep away any lin
gering doubts about the cloud. Access to confidential documents is provided via
a browser and password, and there is no need for any additional software install
ation. The data room is the ideal way to resolve the conundrum of how to provide
a fast, effective, secure and traceable way to share confidential documents in
the cloud.
About Brainloop:
Brainloop, with offices in Boston and Munich, is the leading supplier of softwar
e solutions for high-security document collaboration. Brainloop's secure online
workspace is a virtual document safe that enables secure filing, editing and dis
tribution of highly confidential documents within a single company, and beyond.
All contents are powerfully protected from unauthorized internal or external acc
ess, and all actions within the application are documented by a tamper-proof aud
it trail. Frequent uses include contract negotiations, collecting data and compi
ling quarterly reports, collaboration with external auditors and counsel, and an
y other communication that contains confidential information.
Brainloop is used internationally by hundreds of renowned companies including BM
W, Deutsche Telekom, Eurocopter, Galileo Industries, Premiere and ThyssenKrupp.
Leading law firms and investment banks use this solution for the complete life c
ycle of M&A transactions. Strategic partners of Brainloop are HP, IZB, Microsoft
and T-Systems Business Services. http://www.brainloop.com
Copyright © 2010, Brainloop Inc. All rights reserved. All trademarks mentioned in t
his document are the property of their respective owners.
Press Contact:
Victor Cruz, Principal
MediaPR.net Inc
Boston, MA
(401) 349-3369
vcruz@mediapr.net
http://www.brainloop.com

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