Light as a Service (LaaS) provides an innovative business model that replaces and upgrades industrial and commercial lighting systems, while alleviating customers from owning and operating a new system.
While this shift requires a spending transition from capex to opex, the result is a low cost, high-reward solution for lighting replacement and upgrade initiatives.
This whitepaper, produced in partnership with Guidehouse Insights, uses real-world examples to explore the potential cost and energy savings achieved by LaaS, while discussing the global market outlook for the future of service business models.
