Signify unveils IoT platform for lighting products in India

European firm Signify, formerly Philips Lighting, on Tuesday unveiled here its Internet of Things (IoT)-based Interact platform that connects lighting products.

"The IoT platform helps customers to use our lighting products efficiently and deliver their data-enabled services," said the company in a statement.

The secure, scalable cloud-based Interact platform uses data management and data processing capabilities, including machine learning (ML), to bring sense to data-creating and data-enabled services for customers that will deliver benefits beyond illumination.

The company said it has till date installed 29 million connected light points worldwide and plans for every new LED product it produces to be connectable by 2020.

The growing number of connected light points, sensors, devices and systems can collect volumes of data, which Interact has been designed to handle.

Making use of the data, the platform can help create efficient buildings by allowing businesses to understand how office spaces are used, the company added.

Data from authorised third parties can also be analysed by Interact.

The company was connecting lighting to deliver operational benefits to its customers, said Signify's Managing Director for India Sumit Padmakar Joshi while unveiling the platform.

"By analysing the data from connected lights, devices and systems, our goal is to create safer cities, energy efficient buildings and industries and smarter retail stores in the country," Joshi said.

Signify, which became the new name of Philips Lighting on May 16, will be adapted in India from 2019.

The company, which had sales of 7 billion euros ($7.9 billion) in 2017, employs a total of 30,000 staff in 70 countries.

--IANS

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