Business Insider: Innovative new technology platform spurs US fiber optic broadband rollout

ARTICLE
Nov 13, 2019

DENVER, Nov. 6, 2019 / Business Insider

https://markets.businessinsider.com/news/stocks/innovative-new-technology-platform-spurs-us-fiber-optic-broadband-rollout-1028664070

Render Networks, a fast-growing construction technology firm, is winning favor with US broadband providers, utilities, and communities by using real-time geospatial data and predictive algorithms to dramatically improve the productivity, visibility, and control of fiber rollouts.

City Utilities of Springfield (CU), a market-leading network delivery partner, and Las Vegas-based TBG Network Services are using Render Networks' proprietary work management software to enable construction crews to deliver fiber faster and at a reduced cost.

The Springfield, Missouri project, being overseen by TBG Network Services, is upgrading Internet capabilities through the expansion of ~1,000 miles of new fiber, passing more than 105,000 households and businesses.

The $120 million project will result in no additional expense to ratepayers due to the leasing of excess fiber capacity to top-tier ISP, CenturyLink.

To date, Render has participated in the upgrade of broadband connectivity to more than 200,000 U.S. homes. The company anticipates additional contract wins as the Federal Communications Commission and state governments continue to underwrite the expansion of fiber optic broadband.

Render Networks CEO, Sam Pratt, said:

"World-class broadband like that being deployed in Springfield, Missouri, is a game-changer for communities across America. As this project demonstrates, there's an increasing appetite across the country to think differently about how these networks can harness technology throughout construction and drive new levels of efficiency.
"Render's technology simplifies and digitizes work in the field so that construction crews can deploy fiber quickly and inexpensively. We are thrilled to participate in this drive for innovation in partnership with TBG Network Services, City Utilities, and Biarri Networks to deliver world-class connectivity to the City of Springfield."

Thomas Reiman, President, TBG Network Services, said:

"We anticipate Render's participation in the City Utilities fiber network expansion will introduce valuable operational efficiencies that will complement our overall technology strategy. While respecting the metrics inherent in any fiber network build, the Render platform introduces an innovative approach that addresses logistical complexities typically associated with projects of this scale. Render is a valued member of this team."

The Springfield project follows Render's involvement in the rollout of more than 3,000 miles of fiber to deliver gigabit broadband to 30,000 premises in rural Arkansas. The use of Render's technology in the Arkansas project facilitated an entirely paperless construction workflow and helped deliver a 55 per cent reduction in delivery timelines, significantly lowering construction costs.

Established in Australia, Render Networks has its US headquarters in Denver, Colorado. Render was recently named by Broadband Communities magazine as one of the Top 100 innovative firms that plan, design, engineer construct fiber networks around the world.

 



Media contacts:

Andrew Sholl for Render Networks
+61 448 805 806
+61 2 8324 1310
andrew@hennessyadvisory.com

Heather Duke for TBG Network Services
+1 702 405 7000
hduke@broadbandgroup.com

About Render Networks
Founded in 2013 with a mission to build networks better, Render has a successful history of streamlining large-scale network construction in Australia and, more recently, enabling network operators, engineers and builders in the United States to deliver fiber networks more efficiently. Utilizing GIS, mobile and automation technologies, Render's Digital Network Construction approach solves the complexities associated with network deployment by digitizing design and construction workflows and eliminating manual construction approaches. Render converts a complex network design directly into simple tasks, defined on a map-based interface and sequenced for optimal delivery, resulting in cost and time efficiencies of up to 50 percent. Real-time, geospatial data provides a single, integrated view of progress to all stakeholders, improving project visibility and control across network rollouts. For more information, visit rendernetworks.com

About The Broadband Group & TBG Network Services
The Broadband Group (TBG), incorporated in 1997 and headquartered in Las Vegas, NV, is a leading telecommunications consulting and business advisory firm. TBG provides master technology planning, business and financial assessment, engineering, design, and technology strategy services that create a sustainable competitive advantage to clients nationwide. TBG Network Services (TBGNS), a wholly-owned subsidiary of TBG, provides construction management oversight, as well as design and engineering services for large scale network expansion projects. For more information, visit broadbandgroup.com.

Interested in how a Digital Network Construction approach significantly increases efficiencies and deliver networks faster than ever before? Access your industry how-to guide now. 

Download Guide