The Lighting Industry Needs to Redefine Business Models to Deliver Growth Against Disruptive Challengers

During the last 6 months Memoori has published 3 reports on the lighting industry in Smart Buildings covering LED Lighting, Networked Lighting Controls and Wireless Lighting Controls; all of which are now enabling the first stage of development of IoT technology in buildings. Collectively these 3 technologies have made their commercial debut within a span of less than 10 years and they will have a major impact on the future of the industry. Just think about it, the electric lighting industry since the birth of the incandescent light bulb in the early 20th century changed very slowly and then a hundred years later we hit an inflection point, offering new business opportunities that will determine the winners and losers in the game of lighting, and the IoT giants of the future. Our research on Wireless Lighting Controls covers this topic in extensive detail - LED Lighting operates within the domain of the traditional lighting […]

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