Introduction

From the widespread adoption of electric light and aftermath of the Phoebus Cartel (1932-1942) the importance of light evaporated from our consciousness.

Until recently, the global lighting world revolved around the Edison style socket, fixed life lamps, controlled innovation and limited research. Four major manufacturers dominated this regime.

The cost of energy, amongst many factors, led world Governments to phase out or ban traditional lamps.

The rapid uptake of digital-friendly LED is the beginning of the end of the traditional lighting industry led by General Electric, Osram, Philips and Samsung. So what does this mean for your business downstream?

There are now 30,000+ LED manufacturers, significant disparities in product quality, Moore’s Law like improvements and tech giants entering into this domain and melding their non-lighting technologies into luminaires. This is the dawn of a new paradigm – is your business ready?

The new paradigm has many implications for the spaces you use in your life and the opportunities and risks here are not widely understood and go well beyond illumination. Creative destruction is underway (Joseph Schumpeter) – out with the old, in with the new.

The changes afoot are breath taking and wide-ranging and sow issues downstream, especially for building owners, body corporates, developers, accountants and asset managers.

We anticipated this paradigm shift in 2012 and since 2013 built a light management system for lighting assets and lighting as a service to help our clients though the unfolding chaos and maze 2015-2024. We put our hands into the darkness to pull other hands into the light, contact us.