Today, consumers demand everything from TVs, to phones, to automobiles to be “smart”, or have the ability to connect to other devices or networks. The very structures we reside and work within are no exception. Added pressures from tenants and prospects are driving owners, developers and architects to integrate smart technology within their buildings in order to differentiate their properties and increase Return on Investment (ROI). According to IDC Energy Insights, companies worldwide spent $5.5B on intelligent buildings in 2012, and the figure is expected to rise to $18.1B by 2017 – a 27.1% compound annual growth rate. So, what exactly is a smart building and why is having the right building connectivity solution so important?
Smart buildings, also referred to as intelligent buildings or connected buildings, are properties whose core systems such as lighting, energy management, HVAC, and security are centrally linked and managed over one network. A smart building can be a residential or commercial property such as an office complex, mall, or other mixed-use development. Often, these buildings utilize Building Automation Systems(BAS) that enable a variety of subsystems to connect and pass data freely back and forth through Machine-to-Machine (M2M) communication and other network-enabled equipment and devices. As a result, occupants have a more productive, secure, comfortable and energy-efficient environment, while the building’s facility management team has more visibility and control over system operations.
The proliferation of the Internet of Things (IoT) - which Cisco estimates will reach 50 billion connected devices by 2020 - promises even more opportunities for Smart Buildings, delivering not only an improved tenant experience, but also providing property owners with significant cost savings through operational efficiencies, predictive maintenance, remote monitoring and control, and energy optimization. However, none of this integration, automation and optimization is possible without a network capable of handling large amounts of data and bandwidth across a multitude of connection points, whether at the data center, inside the central office, building itself, or in the cloud. According to Memoori Research, the overall market for systems in buildings will grow from $110.9B in 2014 to $181.1B in 2020. Effective network deployment to keep up with the rising bandwidth demands of the Building Internet of Things (BIoT) will be crucial to the effective delivery of services and the management of data flows.
Why Choose Global Capacity for your Smart Connections?
Global Capacity’s One Marketplace™ helps property owners, developers and architects streamline and simplify the steps to design, price, buy and manage connectivity solutions for their smart buildings. A marketplace of networks enables the purchase of the right connectivity for the right application at the right location and the right price, helping connect tenants to a shared pool of resources with real-time access to visibility into service options and competitive pricing. One Marketplace offers an interconnected network aggregation platform with a suite of innovative user applications combined to streamline and simplify the process of designing, pricing, procuring and delivering data connectivity solutions.
Benefits of One Marketplace for Smart Building Connectivity:
- Access to 500+ wholesale customers already connected to the Global Capacity network
- Direct connections to Cloud service providers such as Amazon Web Services (AWS), Google Cloud Platform and Equinix
- Simplified procurement process enabled by the One Marketplace platform
- Access to a marketplace of networks and carrier-neutral, network-agnostic, customized solutions
- Scalability and flexibility of dark fiber and Ethernet capabilities
- Superior network performance, through better infrastructure, redundancy and scalability
Global Capacity is attending RealComm 2015 in San Antonio, TX June 9-10 to raise awareness about its unique capabilities to provide aggregated, simple solutions to the complex network connectivity requirements of smart buildings and the commercial real estate market.
To learn more about connecting your building to a marketplace of networks, meet with Global Capacity at RealComm 2015.