In the modern world, just about every device connects to the internet in some way or another. This is known as IoT or Internet of Things. Thermostats, TVs, speakers, lights, even your microwave communicates with the outside world at a near constant rate. If you own a multifamily building, you are likely dealing with different systems like Security Cameras, Access Control, HVAC, or the Leasing office, but one thing remains true, all of these systems require connectivity to the internet.
In the past, all of these different systems would require the installation of individual network infrastructure and cabling for them to function correctly, so in most cases, your building will have upwards of 5 to 10 different networks. That means during the installation, you will pay for the materials and labor required to implement these 5 to 10 separate networks along with the recurring monthly cost of the connection required to give the systems access to the internet.
“But wait, the local ISP just put a network throughout my building so they can provide internet to my residents. Can’t I just piggy back off of theirs?” The answer here is unfortunately no. Not because it is not possible, but because they do not want their network to be used for any other purpose than their own (unless you pay up of course).
So, what can you do? The answer to that question is, Own Your Infrastructure. Take full control of your network and converge all these independent networks into one easy to manage system. Yes, this does require an investment on the building owner’s part, but it pays off in a number of ways. First and foremost, it is much cheaper to install one network that services all systems than it is to install an individual network for each system. Not to mention the cost savings of only having to pay for the monthly cost of a single internet connection. From there, many doors open for you to offer internet-based amenities like smart apartments or high-speed internet access, to your residents that will allow you to increase rental rates and increase resident retention and satisfaction.
So why not kill two birds with one stone? Cut operational costs, while increasing NOI by efficiently converging all your in-building systems onto a single network. SCI specializes in the design and installation of comprehensive networks that will service all your buildings needs, while providing you the opportunity to offer enhanced internet service to all of your residents.
If you’re interested, reach out to us today!