In-Building Wireless Enabling 5G, CBRS & Smart Buildings
These are exciting times for Commercial Real Estate Technology, where wireless applications have the potential to create competitive differentiation, improve the tenant/guest experience and provide operational efficiencies only imagined earlier this decade.
The planned enhancements in wireless networks – specifically the upcoming 5G evolution, CBRS spectrum availability and Private LTE networks – have created opportunities for commercial real estate owners and enterprise to capitalize on a groundbreaking technological shift through the 2020’s and beyond.
But the opportunity to take advantage and create a smart, wireless-centric commercial building can slip by without enabling the necessary wireless infrastructure and the people required to support it.
5G promises wireless broadband with fiber speeds, low latency and other benefits when a 5G device is connected to a 5G network. It's a super-fast and nimble network standard built upon the current LTE framework. It’s still very early in the evolution, though incremental changes made by the wireless carriers and others will begin to provide 5G features and benefits to end users.
For example, Airwavz recently finished a project in a marquee building, and a wireless carrier wanted to roll out some 5G type features; the network is currently delivering well over 120Mbps per device for tenants in this Class A+ property, and that speed and performance will rapidly increase as 5G evolves.
CBRS or “OnGo” (which is a block of wireless spectrum that is both licensed and "quasi-licensed") represents another huge potential technological step forward for the commercial real estate industry. There are still many unknowns as to how the licensed spectrum part of the whole CBRS universe will play out, but the quasi-licensed CBRS spectrum band is the near-term game-changer. It will help reduce cost and improve speed to market by bringing all wireless carriers' signals onto an in-building wireless system significantly faster than today.
Private LTE networks will thrive. CBRS spectrum will help commercial real estate deliver 5G benefits including customized tenant/guest amenities, security, automation and entertainment, as well as enable tenant/guest data mining and analytics to improve their overall experience.
Airwavz operates complex, private in-building wireless (IBW) networks for its commercial real estate and enterprise customers, enabling smart building features by connecting all of the devices and machines in a building (the Internet of Things), and ensuring tenants/guests enjoy near-flawless coverage, more bandwidth, faster speeds and fewer/no dropped calls today, and everything their smart building can deliver tomorrow.
An Airwavz IBW network is a series of antennas placed throughout the interior of a commercial building and are connected to the wireless carriers’ networks. It’s like building a cellular antenna INSIDE of a building and can deliver crystal clear calling with no dropped calls, greatly improved battery life, and data speeds greater than 20 gigabits per second when 5G rolls out.
Building such a network today provides a near term competitive advantage that can be leveraged prior to and during this 5G transition. Airwavz constructs and operates wireless systems that are 5G and CBRS ready, so as standards and technology are adopted, upgrades are seamlessly made to a customer's infrastructure.
Today, the vast majority of commercial buildings tend to lack this infrastructure and the reason has largely been due to cost. Owner-funded solutions are expensive capital outlays and often unreliable. Carrier-funded solutions are a rarity and do nothing to ensure multiple carriers are supported inside the building. Airwavz set out early to figure out how to reduce costs and get all carriers connected.
Airwavz embraces the “fourth utility” concept, i.e. building owners should view enhanced wireless service as a utility, much like electricity, water or gas. It is the building owners’ responsibility to hire the electrician, while the electric company brings power to the meter. Same thing with water. It's the building owner’s responsibility to hire the plumber and the water company brings the water.
Airwavz looks to the building owner to pay for some of the wireless “pipes” needed to run the services inside their building and then looks to AT&T, Verizon, T-Mobile and Sprint (who are more concerned about their service OUTSIDE of buildings) to bring the radio source or the wireless service INTO the building. By doing that, the cost is shared between multiple parties, including Airwavz.
While multiple parties make the transaction more complicated, it does help spread the cost between the building owner and the carriers and drives the cost down dramatically from what is normally a very expensive proposition for all parties.
Airwavz is an infrastructure as a service (IaaS) provider and believes this is the most practical approach because other solutions have higher initial capital outlays and ongoing operating costs. In other scenarios, asset managers and building technology leaders have to deal with equipment obsolescence and the cost of updates as equipment evolves, paying extra for maintenance and monitoring, and the hassle and headache of troubleshooting and working with difficult to reach parties when something goes wrong.
With Airwavz there is but one throat to choke.
It comes down to whether Commercial Real Estate property owners are ready to take action to resolve a long-standing problem, and 5G and CBRS represent a tipping point where the big benefits and lower cost of solutions should drive activity; when building owners make an investment in wireless infrastructure in anticipation of the CBRS and 5G network evolutions, then they are already benefiting financially and competitively, with a ton of upside as these technological changes take root.
Airwavz Solutions will be participating in an upcoming Realcomm webinar on May 23 (Future-Proofing BUILDING COMMUNICATIONS – 5G, WIFI, CBRS, Bluetooth, In-Building Wireless and More), and if visiting Nashville this June for Realcomm/IBcon, please stop by the Airwavz booth and say ‘hello’.
This Week’s Sponsor
Airwavz Solutions provides innovative, fiber-based 5G-ready in-building wireless systems and service inside commercial buildings, ensuring building tenants and guests receive exceptional cellular phone service and reliable data connections. This helps commercial real estate owners provide an essential tech amenity that will attract and retain tenants/guests, grow revenue and improve property value.
Nominations are now open! We are looking for outstanding companies, real estate projects, technologies, as well as the people who have gone “above and beyond” to positively impact our industry through the intelligent application of technology, automation and innovation.
For more information and/or to nominate someone, visit: Realcomm | IBcon.
UPCOMING REALCOMM WEBINARS
COMMERCIAL REAL ESTATE & Technology – The Importance of Developing a STRATEGY - 9/19/2019
It wasn’t long ago that a Commercial Real Estate CIO was responsible only for functions such as networking, file and print servers, computer hardware, desktop applications and e-mail. Over the last 5+ years other responsibilities have entered the sphere of the CIO including marketing, operations (smart buildings), occupant experience and cybersecurity, to name a few. Additionally, emerging technologies such as AI, Machine Learning, Blockchain, AR/VR, autonomous, robotics and others are impacting their world as well as their clients. Never before has it been so important for a Real Estate CIO to develop a comprehensive digital strategy, encompassing all aspects of the organization. This webinar will focus on the importance of developing a comprehensive digital strategy.
Founder of Realcomm Conference Group, an education organization that produces Realcomm, IBcon and CoRE Tech, the world's leading conferences on technology, automated business solutions, intelligent buildings and energy efficiency for the commercial and corporate real estate industry. As CEO, Jim interacts with some of the largest companies globally pertaining to some of the most advanced and progressive next generation real estate projects under development.
Ilan Zachar is currently Chief Technology Officer at Carr Properties, a privately held REIT known for its portfolio of trophy-quality properties in the Washington D.C. In this role, Ilan leverages vision and foresight to cross-pollinate best practices, processes, systems and resources across corporate operations/affiliates. Under his leadership, this has resulted in improvements in bottom-line costs, top-line business growth/scalability, operational sustainability and high performance and overall, strengthening his company’s role as a market leader. For over 20 years, Ilan has been executive business leader and innovative technology strategist for multinational real-estate and property development companies worldwide.
Sineesh Keshav is the Chief Technology Officer at Prologis. In this role, he oversees all aspects of the technology strategy and is responsible for leading the company’s global data and digital transformation. Since joining Prologis in 2018, Sineesh and his team have been focused on a capability driven, customer-centric approach to innovation and digitalization.
With over 24 years of experience in real estate, Kevin's expertise encompasses enterprise IT design, integration and ecological adaptation, helping his clients deriving ongoing value by improving their manageability, effectiveness and ongoing efficiencies. Prior to joining RealFoundations, Kevin served as a CIO for a large-NY owner operator and as a SVP of IT for an Ohio based REIT overseeing the strategic planning, enterprise architecture and information architectures.
Mike Salazar has extensive experience in consulting and sales with Enterprise companies, regarding strategic cross function technology, mainly focused on IoT and AI platforms. Named Star on the Rise by Security Industry Association in 2016, he is currently the Practice Director for Smart Buildings at HID Global. Through innovative solutions he helps organizations unlock value and realize business intelligence. Honored to call many of the most notable companies of our time happy customers.
Dharmendra is the Industry Principal at Yardi Systems. Dhar’s well-rounded and practical background in the industry includes experience as a software vendor, consultant and customer. Prior to Yardi Systems, he was the Vice President of Revenue Management and Analytics for Denver-based Apartment Investment and Management Co. (AIMCO), one of the largest multifamily REITs in the U.S., where he led the development and implementation of revenue management and business intelligence systems.
Malcolm Hobbs is VP of Marketing and Market Development at Join. Malcolm has extensive startup and enterprise marketing and business development experience in markets including SaaS, Industrial IoT, Analytics and Sustainability. At Join, he is helping to redefine how owners secure their buildings from digital threats and deliver advanced digital workplace services in today's tech-forward buildings.