5G, the next generation of wireless connectivity, has created a lot of buzz around the commercial real estate industry. However, there are more questions than answers. Ed Knapp, Chief Technology Officer at American Tower, recently spoke with Rich Berliner, Connected Real Estate Magazine Chief Executive Officer and Publisher, to answer some of these questions.
Knapp and Berliner discuss the fifth generation of wireless and its impact on the industry, who is poised to benefit most, how easy it will be for commercial real estate owners to upgrade, the technology that will make a 5G investment worthwhile for landlords, and more.
Connected Real Estate (CRE): How do you see the computer engineer vs computer science and whom do you think benefits first from the initial round of discussions and rollout?
5G is an exciting opportunity for the industry. All wireless service providers will see benefits of improved network resiliency and software flexibility, with higher speeds and lower latency. The industry is trying to drive key performance parameters, including those needed to move beyond smartphones, for connecting people to new devices.
5G is really about connecting machines to the cloud in the future, as much as it is about connecting people today. Eventually we’ll see greater demand from machine-to-machine communications. People will continue to consume bandwidth, especially while streaming video. Wireless providers will see these trends and react to support new opportunities, as they continue to roll out nationwide networks.
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