20. July 2023
Shared Data Environment: “Away from IT islands, towards integrative digitalisation concepts.”
In an interview with the trade magazine Immobilien Aktuell, Wolfgang Schmid, Managing Director of edr software, gets to the bottom of the question of how companies benefit from a shared data environment based on the shared data environment approach, illustrated in a practical way using flat handovers.
"A shared data environment is created when there is seamless data sharing and integration between the software used and external sources. In our opinion, this is the best solution to the problem of data compartmentalisation and allowing systems to talk to each other in terms of cost and return."
Wolfgang Schmid, Managing Director of edr software
Data silos as a brake on progress
There is great dissatisfaction with data intransparency within the property sector. This is the result of a digitalisation study published in September 2022 by the ZIA (German Property Federation) & EY Real Estate (auditing and consulting organisation): according to the study, 94 percent of the 250 respondents from private and public companies criticised the high number of data silos. In an interview with the trade magazine Immobilien Aktuell, Managing Director Wolfgang Schmid points out the causes and a way out. Using the example of flat handovers, he outlines what end-to-end data management can look like for the sector and explains how integrative digitalisation based on the shared data environment (SDE) approach can be used to counter the problem of data isolation.
