Lights today have become more than simple means of lighting up the dark. During their evolution from a simple filament bulb to today’s connected LEDs, lights have become more efficient and intelligent. 
Digitalization Makes New Services Possible
Products and services in the field of lighting and building-services technology are taking the form of subscription models. The ongoing process of digitalization is driving the trend. Known as ‘X as a Service’ (XaaS), ‘Light as a Service’ (LaaS), ‘Security as a Service,’ and ‘Safety as a Service,’ this trend offers benefits for both providers and customers. Digitalization is not only driving this development but also giving rise to new business models offered by IoT service providers.