The «Lighting as a Service» model is disrupting traditional capital expenditure approaches. Under LaaS, a provider installs, maintains, and updates a lighting system for a monthly or annual fee, while the client pays for the light, not the hardware. This removes upfront costs, transfers technology risk to the provider, and guarantees performance and energy savings. The provider benefits from long-term service contracts and is incentivized to install high-quality, durable products. This model is particularly attractive for municipalities, large retailers, and corporations looking to modernize their infrastructure without large capital outlays. Its growth depends on reliable financing models and IoT-enabled lighting that can be remotely managed and its performance verified, representing a shift from product sales to selling measurable outcomes.
Lighting as a Service: A New Business Model Emerges
