Ingenieur Vol 77 Jan-Mar 2019 ingenieur 2019 Jan-March | Page 22

INGENIEUR Renting, not Owning, Lighting Figure 5: Current user of Interact Office Most consumers are familiar with the pay-as- you-go model, where they pay a small fee to enjoy continued service. This model is especially popular with pre-paid phone services, where some Malaysian telco companies will even allow consumers to rent the latest smartphone devices. This enables users to enjoy new smartphone features and stay connected with their loved ones without having to buy a new phone. The same principle can be applied to lighting. Instead of buying lighting, enterprises “rent” lighting. No more upfront capital expenditure (CAPEX) to own LED lighting assets. Instead, enterprises can opt to pay a monthly subscription fee with Signify’s Light as a Service (LaaS) contract. This means Signify is the owner of the light fixtures and installations, while the enterprise only pays for use of the lighting. Going down this route will immediately realise operating expenses savings of up to 20% since 6 20 VOL 2019 VOL 77 55 JANUARY–MARCH JUNE 2013 companies would not need to buy LED lighting fixtures and incur installation fees. Signify will handle the servicing and maintenance while the enterprise pays for the lighting it uses. Throughout the contract period, the company will enjoy further cost savings and increased usage efficiency thanks to Interact Office’s state-of-the-art connected LED technology. Enterprises today can also enjoy the benefits and cost savings of the LaaS subscription model as buildings can be retrofitted with light points powered by Interact Office. The process is easy and hassle-free; Signify has several pre-defined value packages for building management to choose from. Each standardised contract covers the supply of upgraded lighting system, installation, commissioning and life-cycle services. Furthermore, its lean on-site hardware infrastructure allows for future upgrades and expansion.