The rise of the Internet of Things (IoT) has opened a raft of opportunities for building owners. These new opportunities focus on technology advances, of course. But they also include how the upgrades and ongoing services are managed and financed.
A feature posted at LEDs Magazine, focusing on lighting-as-a-service (LaaS), talks about how energy services companies (ESCOs) – a model in which an outside firm upgrades and manages various energy functions at a client facility in exchange for a portion of money saved by that upgrade over a set-term – are upgrading lighting systems.
The bottom line is that lighting-as-a-service (LaaS) is an opportunity for the new model to be used to deploy technology that potentially will have far more impact than simply upgrading lighting. The LEDs story, written by Eco Energy Group Ltd. Managing Director Lionel Barden, suggests that the new technology requires new approaches:
To be successful in adopting and adapting new technology, it takes more than the knowledge and capability of a supplier and the BOO’s [building owner/operator] representative. It takes a new and disruptive approach to the total method of specification, manufacture, supply, installation, and maintenance. Add to this specialist auditing, intelligent monitoring, and control as well as financing.
Lighting is a golden opportunity for an organization to position itself for the future because of its ubiquity. Because lights are everywhere, the transition to LEDs gives organizations the opportunity to deploy IoT sensors and controllers along (or in some cases within) the LED technology. That enables services far beyond lighting. These can be launched at the same time as LEDs or later. They can include sophisticated security, traffic monitoring and management and the broad building management system (BMS) menu of services.
Lighting is one of the earliest energy-related “as-a-service” offerings, Energy Manager Today wrote last week.