July 16, 2025 — The June 2025 newsletter from real estate data governance nonprofit OSCRE International notes that over the next few months, you’ll be hearing a lot about OSCRE’s initiative to build a robust data infrastructure in real estate. For example, the group is in the middle of a series of four Innovations Forums on the topic. May introduced the focus. June is about the role of platforms. August takes a stakeholder perspective. October will address implementation. The terms and tools OSCRE is presenting in this digital literacy segment will help you and your team get better grounded in the basics. This month group focuses on three terms that will have increasing meaning as you and your organization plan your digital future.
Digital operating vision is a roadmap for an organization’s future digital capabilities. This vision outlines the desired state for organizational, technical and analytical capabilities. The method will be useful for organizations considering a shift towards building a robust data infrastructure in real estate. The following is an example where a global corporate real estate organization used a new digital operating vision to steer development of those new digital capabilities.
Medallion data architecture – emerging as a leading practice for improving the quality of data. It is a data design pattern used to organize data based on increasing levels of data quality and usability. It is commonly applied in a data lakehouse environment where it logically structures data into three distinct layers (Bronze, Silver, and Gold) progressively improving quality and usability as data moves through each stage. The approach streamlines the process of refining raw data into analytics-ready datasets. Data quality practices like this will be pivotal to effective implementation of a new data infrastructure.
Technical architecture is one of the first things OSCRE is working on as part of building a robust data architecture for real estate. It refers to the design and structure of technology components of the new infrastructure. It provides the framework and guidelines for an entire technology landscape, typically within an organization, while it also applies to your whole ecosystem. Technical architects will focus on the role of multiple technologies, their interactions, and how they fit together within the overall ecosystem.
Look for more on this in future OSCRE newsletters and events, and learn more about OSCRE’s vision and training programs online.
