Voices of the pros: How IT will effect the future of commercial real estate

Dec 5, 2014, 4:34pm CST

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Galina Peshkova

Can technology change the real estate industry? Experts weigh in.

Staff Writer- Dallas Business Journal
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Ericsson, AT&T, Verizon and Beck Technology recently joined real estate professionals to discuss the future of information technology within corporate real estate at the CoreNet Technology Symposium.

Cushman & Wakefield, Jones Lang LaSalle and Gensler represented the real estate industry. Two panels discussed connectivity and buildings and real estate and the workplace.

Here are some highlights from the panels.

The future of connected commercial real estate

"The enterprise is going to be challenged to not just let the employee work outside the office, but work the same way they would work outside the office. It's about the adoption of technology and learning how to govern it, not control it." – Charlie Mantione, Cushman & Wakefield.

"In our perspective, everything will be connected (in the future). All the networks have to be connected together and we have to bring them closer together. All of us have a responsibility to figure out how we bring these networks closer." – James Smith, Verizon

"There is going to be a cooperation between WiFi and LTE. The LTE systems get congested, so we'll still need WiFi. The industry does have a challenge to determine what are the requirements for LTE." – Philip Wacker, Ericsson

"We have to focus on building our strategy versus a solution. You could build a perfectly capable LTE network, but if governance doesn't allow it you're not going to be able to ride on it." – Mantione

"We do not have sources of data we can go to in order make better decisions. We're trying to find that data. If the buildings were connected … we could spend time making decisions rather than trying to find the data to make decisions." – Stewart Carroll, Beck Technology

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Danielle covers technology, retail, restaurants and hospitality for the Dallas Business Journal. Subscribe to our new TechFlash email newsletter.

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