July 21, 2016
One promise of the IoT revolution is the greater interconnectivity and integration of all systems. This interconnectivity is sometimes called the system of systems, or the digital ecology.
The ultimate goal of systems of systems is a fully integrated resource management environment that can centrally monitor and manage multiple systems in a city or building – including HVAC, traffic management, energy management, alarm and security systems, emergency systems, and so on. Connected lighting systems enable integration of illumination capabilities into this emerging landscape.
Another promise of the IoT revolution is the insight that comes from streaming, storing, combining, and mining massive amounts of data from multiple sources. With integration on the software and database side, connected lighting systems can participate in another major technology trend: Big Data.
Big Data is a term that describes the exponential growth and availability of data from an avalanche of new sources – especially from connected devices, which exist in order to collect and transmit information. Big Data may prove to be as transformative a technology as the Internet, as the enormous amounts of data being collected now may support deeper insight, more accurate analysis, and better decision-making, in business and elsewhere.
Lighting always accounts for a significant percentage of the energy budget in a building or city, so deep insight into lighting operations can save money, streamline workflows, and make people safer and more secure. As a platform for gathering insight into occupancy patterns and activities in illuminated spaces, connected lighting systems offer a unique data set that can’t easily be acquired in any other way. The analysis of traffic patterns in a building or city can help organizations make better, more targeted decisions, especially when that data combines with data from other sources.
Signify (Euronext: LIGHT) is the world leader in lighting for professionals and consumers and lighting for the Internet of Things. Our Philips products, Interact connected lighting systems and data-enabled services, deliver business value and transform life in homes, buildings and public spaces. With 2017 sales of EUR 7.0 billion, we have approximately 30,000 employees and are present in over 70 countries. We unlock the extraordinary potential of light for brighter lives and a better world. We have been named Industry Leader in the Dow Jones Sustainability Index for two years in a row. News from Signify is located at the Newsroom, Twitter, LinkedIn and Instagram. Information for investors can be found on the Investor Relations page.