Rethinking Lighting as a Service

Dan Vinton, the CFO of Europe, Middle East, and Africa GE Lighting argues that LEDs and efficient, long-lasting lighting has led the lighting industry to look towards new options of revenue, one of which is selling light as a service. Because LEDs as a product cannot be sold as often as typical bulbs, lighting companies can begin to use Special Purchase Vehicles, where they can couple services with lighting, such as wifi, and smart technology. It also allows the customer tp enjoy energy savings and and increased control without having the burden of installing and maintaining the system.

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Blog post

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Dan Vinton

Year: 

2015

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LED Inside; GE

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Excel ID: 

i00154