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Business EconomyPosted at: Dec 18 2018 5:51PM


Signify launches Interact IoT Platform in India

Bengaluru, Dec 18 (UNI) Enabling further and wider use of LED lighting that saves power, Signify, formerly Philips Lighting, today launched ‘Interact’ on IoT platform in India that enables connected lighting among wide spectrum of users in B2B to B2C domain.
Interact also supports the company’s strategy to deliver new data-enabled services as value expands from lighting products and systems to services, Sumit Padmakar Joshi, Vice Chairman and Managing Director of Signify’s operations in India said.
Speaking to reporters he said the company first introduced energy efficient LED lighting, then in connecting lighting to deliver operational benefits for its customers.
Signify has already installed 29 million connected light points worldwide and plans for every new LED product it produces to be connectable by 2020. This growing number of connected light points, sensors and devices, as well as systems, can collect large volumes of data for which Interact was designed to handle, he claimed.
The secure, scalable cloud-based Interact platform uses sophisticated and modern data management and data processing capabilities, including machine learning.
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