Take Control of Your Property
Assets with Open Data
Discover the hidden potential of
open data for property management.
Discover the hidden potential of
open data for property management.
Intro
The digitalization of the real estate industry is undeniably ongoing. Data is on one and all’s mind, stretching from strategic prioritization to operational headaches. How to collect it, store it, use it, and analyze it. What strategies are the smartest, and what investments are critical. However, not all investments in data need to be difficult nor expensive. Open data is an underrated source of value and plays an important role in gaining better control over your assets as a property owner.
The Nordic countries, especially Sweden, are world leaders in generating and supplying open-source data. By accessing this type of data, property owners can gain significant competitive advantages through more homogeneous, scalable, and comparable key performance indicators (KPIs) for measuring their assets. Open property and building data from Lantmäteriet and Skatteverket, as well as energy data from Boverket, can be combined with the company’s own data sources such as area data and rental income data to provide valuable insights into the property portfolio and optimized management. The value is greatest in an overview or portfolio perspective when comparing multiple buildings or compiling data across an entire operation.
Investing in this type of data is a cost-effective way for property owners to take control of their assets, and a quick and homogeneous way to start digitizing the entire portfolio (properties and buildings). Accessed through a smart property system like Digital Buildings, the data can be used as a foundation for continuous digitalization of assets within a property (rooms, components, objects, etc.).
In summary, open data has the potential to initiate data-driven processes and insights that can facilitate decision-making for real estate companies. Open data is often available at no cost or at a very favorable price. However, they should always be compiled in a system that can extract value and present it adequately. Those who take advantage of this opportunity will have a significant advantage when it comes to making informed decisions.
Open data
Open-source data refers to data that is available to the public, often through public bodies or authorities, and can be used, reused, and mostly distributed freely at no cost or restrictions. This can include everything from statistics and economic information to climate data, geographic information, and much more. It can be structured or unstructured information and can be provided in various formats. Often, it contains many different types, structures and formats of information depending on the source and how it was collected.
Benifits
Overall, these benefits can lead to more efficient and effective decision-making, lower costs, and improved outcomes for all parties involved in the real estate industry.
Zynka recommends – which open data is most important to keep track of:
Examples of open data and the value it brings:
Property and building register (Lantmäteriet)
Energy declarations with detailed data (Boverket)
Detailed plans (Municipalities/Lantmäteriet)
The above provides an enormous amount of quality assured data that can be used for several different business optimization efforts and analyses. It can also be linked with your company data sources such as areas, energy consumption, and rentals for further insights such as:
Zynka empower optimized decision through digital precision in the construction and real estate industry. We are the digital accelerator for the foremost builders of society, enabling a value-creating digital transformation and a better society.
With our digital expertise, we make valuable information accessible and optimize our clients’ business to realize their potential, with the goal of creating greater and lasting value.
We are a strategic Tech company specializing in community construction and IT, from development and design to construction and management. As industry experts in BIM, GIS, and digital twin systems, we work towards a productive, quality-assured, and data-driven construction and real estate industry.
Visit our website at www.zynka.se to learn more.
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