6. The Building of Things with Bill Douglas
Opticwise CEO, Bill Douglas, joins Dan and Wayne to discuss how technology is enabling commercial real estate to increase tenant occupancy and retention as well as drive higher revenues. The resulting impact is improved Net Operating Income and asset value. By combining traditional networks like Wi-Fi with advanced controllers and SaaS systems, commercial real estate can eliminate the numerous disparate external telecom services that provide no direct value and provide tenants a holistic data/telecom experience the building owner controls and monetizes without dependency on external service providers. We talk through the technical as well as business dynamics of this new approach to leveraging wireless as the 4th Utility. LINKS: Connect with Us: Website: https://5gguys.com Submit Your Ideas or Feedback: https://5gguys.com/contact-2 Facebook: https://www.facebook.com/5Gguys LinkedIn: https://www.linkedin.com/groups/12515882 Twitter: https://twitter.com/5gGuys EPISODE MINUTE BY MINUTE 1:20 Get to know Bill 2:25 Introduction to Opticwise 2:54 What’s “Prop-tech”? 5:08 Bringing fiber broadband into the building is the gateway to Prop-tech 7:38 What’s the specific technology being used? 10:25 How do property owners who adopt this technology think differently now? 12:37 How are apartments positioned differently? 15:50 How are cellular and Prop-tech converging? 19:13 What’s the profile of building owners who are adopting Prop-tech? 23:09 Consumers’ demand to take control of their technology experience 25:42 Building of Things overview 29:04 It’s all about ownership of data 32:57 The business case behind the technology