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Report From Realcomm: Wireless Is at Your Doorstep

LAS VEGAS-An industry renowned for its tech-phobia may reel again as it comes to grips with the next advancement in the post-dot-bomb world. Leaders of the Realcomm conference, kicking off today, say wireless is the next big thing, and if you're not prepared, you're in trouble.

By John Salustri | Updated on June 17, 2002

LAS VEGAS-The early word from the Realcomm show floor is that the tech-bomb has bottomed out and the next generation of innovations is at our doorstep. The real estate technology conference kicks off here this morning and runs through Wednesday.

Jim Young, co-producer of the event, held a press conference a few hours ago to sum up the state of the technology as it is represented at the show. He noted that the last phase in the development of real estate technology ended in “carnage,” due to bad business models, the general tech fallout and commercial real estate’s historic slowness to adapt.

But now, he says, the “true internet” has arrived, thanks to the coming together of six prime forces. These forces, Young believes, will usher in a new technological era. First in the six forces is “inexpensive, powerful computing.” Next is more powerful broadband. He noted that 24 months ago, 56K was typical, and “today you can get 100 megabits.”

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