Head of Data & Insight
- “If anyone other than Tietoevry had launched the Data Catalog and Marketplace, I might have been skeptical.”
This statement comes from Rune Zakariassen. He is responsible for business development at Visma Property Solutions and is one of the first partners in Tietoevry Data Services' new initiative, the Data Catalog.
Visma Property Solutions has access to several datasets and data analyses related to commercial real estate, including available spaces, transactions, and rental prices per square meter.
“This data is extremely valuable for banks and other financial institutions that provide loans for commercial real estate projects. It provides a fact-based foundation for decision-making, reducing the risk of financial losses,” Zakariassen explains.
He believes Tietoevry’s Data Catalog is the perfect platform to promote this data to potential customers.
Why don’t more people use data?
Visma Property Solutions already lists several of Norway's largest banks among its clients. By making its data available through Tietoevry's Data Catalog, Zakariassen hopes that smaller banks and financial actors will also discover the potential in their datasets and data products.
“Frankly, I don't understand why even more people aren't using this data now that it is available,” he states.
Many companies struggle to understand which data they can trust, and this uncertainty prevents them from utilizing data and data products, Zakariassen believes.
Using low-quality data can have seriousconsequences. With Tietoevry's Data Catalog, that risk disappears – giving many people peace of mind and a better night's sleep.
Rune Zakariassen, Business Development Director in Visma Property Solutions
What is the Data Catalog?
In the Data Catalog, all partners can share data from their systems or catalogs. You decide how much and which data to share.
The Data Catalog is built on a metadata model, providing context and understanding of what the data represents, including source, data lineage, ownership, and structure. This allows you to quickly see the potential while ensuring all legal and compliance requirements are met.
Self-Service Solutions for buying and selling data
When asked why Visma Property Solutions wants to publish its data in the Data Catalog, Zakariassen is clear:
- “It will showcase the opportunities our data and data products bring to banking and financial businesses that may not have discovered us otherwise.”
By sharing its data in the Data Catalog, Visma Property Solutions opens the door to a whole new audience of potential new customers. Being part of Tietoevry's Data Catalog also makes it easier to demonstrate the quality and security of their data to customers.
Initially, Visma Property Solutions will publish metadata about their data in the Data Catalog. In the long term, they plan for customers to be able to export datasets and analyses directly via a frontend solution on the Marketplace.
- This way, customers can extract exactly the data they need themselves, which saves us a lot of manual work in preparing and sending specific data to each customer.
Rune Zakariassen, Business Development Director at Visma Property Solutions
The Marketplace makes it easier to share, buy and develop datasets and data products
Learn more about the Marketsplace
Additional benefits and control
Publishing data in the Data Catalog offers numerous advantages. Besides being a showcase for potential customers, Visma Property Solutions will automatically gain better control and structure over its data.
“When we invite others to see what we have, we must have everything in order. It’s an excellent opportunity to overhaul outdated routines and systems,” he says.
I hope as many as possible choose to share their data in the Data Catalog so that we can create a comprehensive data ecosystem. This will lead to more people using data to make informed decisions, and we, as data owners, play a crucial role in making that happen.
Commercial real estate is a relatively new focus area for Visma, and Zakariassen is excited to see what the Data Catalog and Marketplace can do in the long term to help them grow.
- The possibilities are endless!
Want to learn more about the opportunities in the Data Catalog or Marketplace?
Contact us for an informal chat or demo.
Contact Arne Marius Jensen, Sales Manager at marius.jensen@tietoevry.com for a non-binding chat or demo.