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We are announcing that the RealEstateCore Consortium, Microsoft, and Idun Real Estate Solutions AB are aligning RealEstateCore to Microsoft’s open-source Smart Buildings Digital Twins Description Language (DTDL).

Let us tell you about the ProptechOS Partner Program, it was created by and for the real estate industry using the open standard RealEstateCore. The program unlocks business value from the generated data with the help of new applications in combination with the ProptechOS platform from Idun.

Non-profit trade association Object Management Group® (OMG®) with founders Ansys, Dell, Lendlease and Microsoft, today announced the formation of Digital Twin Consortium™. Digital twins, virtual models of a process, product or service that allow for data analysis and system monitoring via simulations, can be challenging to implement due to a lack of open-source software, interoperability issues, legacy systems, and high costs. 

Companies today have access to more data than ever before, but, unless they understand what it means, its value is limited. Sweden’s largest real estate company, Vasakronan, is using Idun ProptechOS built on top of Microsoft Azure to process and analyze the massive amounts of data generated by its commercial properties.