In the not-so-distant future, multifamily properties will transcend the limits of traditional property management, transforming into intelligent ecosystems powered by advanced AI. In fact, business use of AI has grown 270% over the past four years, according to recent reports. Imagine buildings that respond to their residents’ needs before they even realize them, adjusting lighting and temperature with precision, predicting maintenance before a system failure, and optimizing energy consumption down to the watt. With the integration of AI, door locks will evolve into smart security systems capable of learning user habits, recognizing familiar faces, and providing real-time alerts, enhancing both convenience and safety for residents.
Property managers will be aided by predictive analytics that reveal hidden inefficiencies and predict future trends. Maintenance emergencies will become a thing of the past, as AI-powered systems monitor equipment health, preventing breakdowns before they happen. These properties won’t just be smart; they’ll be intuitive, learning from the habits and routines of their residents and staff to provide a living experience that seamlessly adapts to individual lifestyles, while significantly adding to the property’s value through improved efficiency and resident satisfaction.
But here’s the twist: none of this future exists without the most critical infrastructure of all: Managed Wi-Fi. It’s the backbone that connects and empowers every piece of advanced technology. Without a reliable, high-speed, managed Wi-Fi network, AI systems can’t communicate; smart devices can’t sync. Managed Wi-Fi: It’s the digital foundation that transforms smart buildings into intelligent, adaptive communities. Welcome to the new era of operational excellence for multifamily housing, and it all begins with Wi-Fi.
The time to plan for the future is now, and start by visiting Nomadix this week at OPTECH 2024 in National Harbor, MD. The theme of this year’s show is “Unlocking Innovation for Operational Excellence,” and we’d love to discuss how Nomadix can support what’s next for your property. It’s not just about the technology but what it can do for your residents, staff, efficiencies, revenue streams and more.
Connect with us at the show in booth #527 or book a meeting time that works for you.
Sandy Jack is Director of Strategic Relations, Multifamily, at Nomadix, an ASSA ABLOY company. With over a decade of experience in the multifamily industry, she is a passionate and trusted adviser, helping leverage connectivity and proptech solutions to help properties achieve their business goals.