The State of Communications Services building location is one of the most important decisions that a business can make
Published in: Comcast Press Releases, September 26, 2011
September 26, 2011 - The location of its building is one of the most important decisions that a business can make – affecting employees, customers and others who work with the company. However, no two tenants are alike, with each one having a unique set of office space needs based on their industry. For example, the type of building, location and amenities required by a large financial services firm are vastly different from an e-commerce warehouse or graphic design agency.
To better understand the priorities of this decision process, nearly 500 U.S. building owners and property managers were surveyed for their opinions on the importance of advanced communications services. While location is still a fundamental filter in the selection process, the criteria used to compare buildings are increasingly shifting in importance as a result of broader business trends and regulatory compliance issues.
Fundamental drivers to these changes are high-performance networks. While these networks initially improved business efficiency through interconnection with suppliers and partners or provided a means to meet government regulations for off-site back-ups, their role is now expanding.
Faster networks now enable businesses of all sizes to outsource their IT infrastructure, applications and services to managed hosting, cloud services and Software-as-a-Service (SaaS) providers. This helps lower their IT costs and improve efficiency, but also turns a secure, reliable, high-performance network connection into a mission-critical business asset.
This new reality—or the rise of the “hyper-connected business”—is reflected in the key findings about the importance of advanced communications services in this State of Communications Services in Commercial Real Estate report.