Results for tag: "Lighting As A Service"

Lighting as a Service (LaaS) is a business model in which lighting equipment is leased or rented to customers instead of being purchased outright. This model allows customers to access the latest lighting technology without the upfront cost of purchasing the equipment. LaaS also provides customers with the flexibility to upgrade their lighting systems as needed, as well as access to maintenance and repair services. The LaaS market has grown in recent years as businesses look for ways to reduce their energy costs and improve their lighting systems. This growth has been driven by the increasing availability of energy-efficient lighting equipment, as well as the emergence of new technologies such as LED lighting. Companies in the LaaS market include Philips Lighting, Cree Lighting, Osram, and Eaton. These companies provide a range of lighting solutions, from traditional lighting systems to advanced LED lighting systems. They also offer a variety of services, such as installation, maintenance, and repair. Show Less Read more