Description In this episode, we explore how Philips Lighting (now Signify) broke away from its century-old product business to pioneer Light-as-a-Service (LaaS) — a radical shift from selling lamps to delivering guaranteed illumination. Using rich insights from their early experiments with architect Thomas Rau and transformative installations at Schiphol Airport and The Edge, we uncover how Philips moved toward a circular economy model that keeps ownership of lighting systems, cuts energy cos...
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Description In this episode, we explore how Philips Lighting (now Signify) broke away from its century-old product business to pioneer Light-as-a-Service (LaaS) — a radical shift from selling lamps to delivering guaranteed illumination. Using rich insights from their early experiments with architect Thomas Rau and transformative installations at Schiphol Airport and The Edge, we uncover how Philips moved toward a circular economy model that keeps ownership of lighting systems, cuts energy cos...
#02 Digital Servitization - Convergence of servitization and digitalization
The Digital Servitization Exchange Podcast
15 minutes
5 days ago
#02 Digital Servitization - Convergence of servitization and digitalization
Description This episode provides a comprehensive overview of digital servitization, which describes the convergence of servitization (the shift from product-centric to service-centric business models) and digitalization (the adoption of digital technologies). We explore how product companies utilize digital technologies, such as the Internet of Things (IoT), to expand their service offerings and achieve revenue growth. One source introduces a special issue, illustrating company growth paths—...
The Digital Servitization Exchange Podcast
Description In this episode, we explore how Philips Lighting (now Signify) broke away from its century-old product business to pioneer Light-as-a-Service (LaaS) — a radical shift from selling lamps to delivering guaranteed illumination. Using rich insights from their early experiments with architect Thomas Rau and transformative installations at Schiphol Airport and The Edge, we uncover how Philips moved toward a circular economy model that keeps ownership of lighting systems, cuts energy cos...
