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Virtual Network Approach

Many corporations are using the virtual network approach. Describe this approach in your own words. What are some advantages? What are the disadvantages?

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Virtual networking or virtual approach entails the remote controlling of one or more computers/servers over the Internet. Programs and software can be run, data can be stored, retrieved and even peripherals can be operated as if the hardware was onsite by remotely controlling it from another location. With this consolidation of servers, overhead expenses associated with the common traditional networking elements is reduced. With a centralized control, all the data, services, ...

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This solution discusses the virtual network approach.