Data Quadrant Awards 2023
Virtual Data Room
SoftwareReviews names FirmRoom, iDeals, Firmex Virtual Data Room, and Datasite Diligence as Virtual Data Room Data Quadrant Award Winners.
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Virtual Data Room
Data Quadrant
Data Quadrants are proudly founded in 100% user review data and are free of traditional "magical" components such as market presence and analyst opinion, which are opaque in nature and may be influenced by vendor pressure, financial or otherwise.
The SoftwareReviews Data Quadrant evaluates and ranks products based on feedback from IT and business professionals. The placement of a software in the Data Quadrant indicates its relative ranking as well as its categorization.
Read The In-Depth Report
A thorough evaluation and ranking of all software in an individual category to compare software across every dimension.
- user satisfaction rankings
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- vendor capability comparisons
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- business value scores
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- individual feature evaluations
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- emotional connection to products
Note The axes ranges are dynamically adjusted based on minimum and maximum values in the dataset
Evaluate the Complete
Software Experience
When distilled down, the software experience is shaped by both the experience with the software and the relationship with the vendor. Evaluating enterprise software along these two dimensions provides a comprehensive understanding of the product and helps identify vendors that can deliver on both.
Product Features and Satisfaction
The satisfaction is captured in the overall satisfaction score, which is driven by the likelihood of users to recommend the software, combined with user satisfaction across top product features.
Vendor Experience and Capabilities
The vendor relationship is calculated in a weighted average of the satisfaction scores tied to vendor capabilities (e.g. software implementation, training, customer support, product roadmap) as well as emotional response ratings toward the vendor (e.g. trustworthy, respectful, fair).
Gold Medalists
DealRoom Inc
FirmRoom
FirmRoom features a full suite of state of the art built in tools and features. FirmRoom is a highly adaptive platform that can be integrated into the IT solutions of almost any company. Although our product is designed with the specific needs of the financial sector—especially M&A due diligence—in mind, companies in a wide variety of industries are discovering the many potential uses for VDR tech in their fields. Industries currently using virtual data rooms to protect their data include: legal services, pharmaceutical and clinical research, mining and energy production and real estate management.
8.3
Composite
Score
Composite
Score
+85
Emotional
Footprint
Emotional
Footprint
83%
Likeliness to
Recommend
Likeliness
to Recommend
iDeals Solutions Group
iDeals
The iDeals Virtual Board Room which is powered by iDeals Virtual Data Room which is a cloud-based secure platform that provides a highly secure yet easy-to-use environment to manage boardroom communications. Moving from a paper-based system to an online boardroom portal can deliver numerous benefits to an organization.
8.1
Composite
Score
Composite
Score
+78
Emotional
Footprint
Emotional
Footprint
84%
Likeliness to
Recommend
Likeliness
to Recommend
Firmex
Firmex Virtual Data Room
irmex is a global provider of virtual data rooms where more deals, diligence and compliance get done. As one of the world’s most widely used virtual data rooms, Firmex supports complex processes for organizations of all sizes, including diligence, compliance, and litigation.
7.7
Composite
Score
Composite
Score
+76
Emotional
Footprint
Emotional
Footprint
85%
Likeliness to
Recommend
Likeliness
to Recommend
Datasite
Datasite Diligence
Leading Data Room for M&A Due Diligence Dealmakers require tools with features and capabilities that anticipate any roadblock they may face. With Datasite Diligence, you can set up a virtual data room (VDR) faster than ever before while gaining access to a set of leading features and expert support designed to keep your deal moving forward no matter the situation.
7.6
Composite
Score
Composite
Score
+75
Emotional
Footprint
Emotional
Footprint
81%
Likeliness to
Recommend
Likeliness
to Recommend
Vendor Capability Awards
Availability and Quality of Training
FirmRoom
Breadth of Features
FirmRoom
Business Value Created
FirmRoom
Ease of Customization
FirmRoom
Ease of Data Integration
FirmRoom
Ease of IT Administration
FirmRoom
Ease of Implementation
iDeals
Product Strategy and Rate of Improvement
FirmRoom
Quality of Features
FirmRoom
Usability and Intuitiveness
FirmRoom
Vendor Support
FirmRoom
Vendor Capability Awards
Availability and Quality of Training
FirmRoom
Breadth of Features
FirmRoom
Business Value Created
FirmRoom
Ease of Customization
FirmRoom
Ease of Data Integration
FirmRoom
Ease of IT Administration
FirmRoom
Ease of Implementation
iDeals
Product Strategy and Rate of Improvement
FirmRoom
Quality of Features
FirmRoom
Usability and Intuitiveness
FirmRoom
Vendor Support
FirmRoom
Other Evaluated Vendors
Intralinks, Inc.
Intralinks VDRPro
VDRPro from Intralinks is an advanced virtual data room (VDR). VDRPro is an intuitive VDR with integrated redaction, buyer engagement and usage dashboards, and much more. Intralinks’ VDRPro is feature-rich and supported by real, live human beings who are well versed in the due diligence process.
7.2
Composite
Score
Composite
Score
+72
Emotional
Footprint
Emotional
Footprint
68%
Likeliness to
Recommend
Likeliness
to Recommend
Donnelley Financial Solutions Inc
DFIN Venue
A VDR platform that leverages AI technology and machine learning to accelerate deal closing. Continually optimized for security, productivity and usability, our VDRs are reinforced by our regional experts--an extension of your deal team. DFIN Venue virtual deal room lets you quickly self-launch one or multiple deals, complete bulk uploads and get clear pricing with an instant file-level page count and more.
7.2
Composite
Score
Composite
Score
+59
Emotional
Footprint
Emotional
Footprint
79%
Likeliness to
Recommend
Likeliness
to Recommend
ShareVault
ShareVault
ShareVault provides a simple, secure way to share sensitive documents with third parties during due diligence and other vital business processes. The on-demand platform is an innovative cloud computing solution that enables its customers to manage critical time-sensitive and document-centric processes faster and easier.
6.8
Composite
Score
Composite
Score
+59
Emotional
Footprint
Emotional
Footprint
68%
Likeliness to
Recommend
Likeliness
to Recommend
Ansarada
Ansarada
Ansarada data room software is designed to help you realize and raise the potential of your business - every step of the way. This event preparation tools allow you to seamlessly sync information siloed across your business into a single source of truth containing your most accurate and up-to-date information.
5.5
Composite
Score
Composite
Score
+23
Emotional
Footprint
Emotional
Footprint
63%
Likeliness to
Recommend
Likeliness
to Recommend
For the full list of vendors in this space, click here.
About Gold Medal Awards and Software Reports
SoftwareReviews Gold Medal Awards recognize outstanding vendors in the technology marketplace as evaluated by their users. Gold Medals are the capstone of an in-depth software evaluation report, and awarded using a proprietary, transparent methodology based on a composite satisfaction score that averages four different areas of evaluation: Net Emotional Footprint, Vendor Capabilities, Product Features, and Likeliness to Recommend. The Net Emotional Footprint Score measures user emotional response ratings of the vendor (e.g. trustworthy, respectful, fair).
Software Reports present comprehensive evaluations of software vendors on the above elements. Software buyers can use this data to make more informed, data-driven software purchasing and renewal decisions.
