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LIGHTING


With the growth of the circular economy, lighting as a service ca moves them in a more environmentally conscious dire


With the evolution of LED, light is becoming increasingly effective and efficient. Recent studies show a direct link between improved employee performance and the quality of light within the workspace. The lighting issue is of increasing interest to many businesses.


Businesses are also tasked with meeting increasingly onerous, legally binding energy efficiency targets which require new ways of thinking. In fact, in recent years, a new phrase has entered the business lexicon - the circular economy - which describes how firms are looking to become more resourceful and create more cost- effective business models. Circular economy principles


“Lighting as a service provides buyers with the necessary


consultative expertise to enable them to stay ahead.”


prioritise rethinking waste, recycling and developing new products and services that keep resources circulating around the economy. Research suggests that the circular economy could be worth €500bn by 2025.


So how does the issue of lighting fit into this circular economy picture? Historically, many businesses have regarded lighting as a legacy burden, an annual cost drain considered too expensive and disruptive to tackle. But


40 | TOMORROW’S FM


business leaders are embracing a new mind-set; the idea of lighting as a service. Put simply, this means paying for the installation, maintenance and management of lighting, entering into a contract whereby the future performance of the lighting solution is ensured by the supplier.


Optimising lighting performance now and


into the future A lighting as a service model protects customers from any loss in asset value because the service is not solely based on selling luminaires but about maximising future lighting performance. Such a service enables customers to benefit from LED and future technology without the hassle of owning and operating lighting solutions themselves.


The future-proofing advantages of lighting as a service are critical. Without the model, new technological advances would require significant capital expenditure. Lighting as a service provides buyers with the necessary consultative expertise to enable them to stay ahead. Additionally, businesses deal with just one supplier contact, rather than having to deal with maintenance, management and sales personnel.


Lighting the path to a smarter,


connected environment Certainly, the cost-savings delivered by today’s LED lighting systems will interest any business. But undertaking to buy lighting as a service rather than a commodity moves the conversation beyond simple savings.


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CIRCLE O


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