Lighting as a Service Market to Register Unwavering Growth During 2025

by | Nov 18, 2020 | 0 comments |

Lighting as a Service Market to Register Unwavering Growth During 2025

The rise of circular economy is driving business model innovation across all industries, with a key spin-off being the emergence of ‘something-as-a-service’ business model. The lighting-as-a-service (LaaS) is fast emerging as an innovative service delivery model in the lighting industry. LaaS has a multitude of benefits including:  

  • Increased cost savings 
  • Enhanced energy efficiency 
  • Better control of resources 
  • harness the capabilities of a wide array of digital analytics 

For a better understanding of Lighting-as-a-Service, we suggest reading our ongoing blog series on LaaS. You can find our current article offerings here.  
Click here to read the full article and learn more, published on November 16th, 2020 on ICO Today Magazine. 

Schedule a Call

0 Comments

Blogs You Might Be Interested In

What Makes A Good Project Manager vs. A Bad Project Manager?

What Makes A Good Project Manager vs. A Bad Project Manager?

Project managers and project management companies are present in all industries. They lead projects of various sizes, managing and ensuring timely delivery. While the majority of project managers are capable and efficient, you can run into some that fall short of...

Upgrade to Industrial LED Lighting – Consider Your Space

Upgrade to Industrial LED Lighting – Consider Your Space

With their extended hours of operation and need to illuminate large areas, industrial facilities can benefit from installing LED lighting and controls. Lighting upgrades for industrial facilities are also labor-intensive when it comes to auditing and retrofitting the...

News You Might Be Interested In

Daylighting Controls Shows Health and Environmental Benefits

Daylighting Controls Shows Health and Environmental Benefits

Architects are attempting to integrate daylighting sensors into buildings as a means of making more energy-efficient facilities. Daylighting is a type of timed sensor where the brightness and color of the interior lighting mimics the sun and time of day. Meaning, from...

How Do Solar Panels Work?

How Do Solar Panels Work?

More facility managers are installing solar panels in their buildings as a way to implement sustainability practices into their business practices. Solar panels are used to convert sunlight into energy as a way to lower the amount of electricity used through...

Join Our Community

Thousands of business professionals rely on Action Services Group for the latest in Lighting,
Signage, and Electrical news. Add yourself to our community and receive timely updates on
safety, new products, energy savings, rebates, and so much more.
You can select what information you would like to receive.

Join Our Community