Ann: Origin and Vivid Partner to Deliver Lighting-as-a-Service, page-7

Origin benefits from happier customers. Better value attracts more customers. More customers = more profitability.

Welcome to Industry 4.0!

Lights can automatically send a notification to a VIV technician before they are expected to fail, with the exact model, precise location and how to access the facility for example.

The technician travels directly to the customer’s site - without needing any human intervention in between - and replaces the light immediately. This saves labour costs in between. This is “Lighting-as-a-Service” and this is why blue chip customers like Coca Cola, Interface, Mercedes Benz, Woolworths, Linfox, Arnotts, Dulux and Kerry Logistics are pre-paying and signing up to multi-year service agreements.

VIV can also look at the data gathered from the LED node that failed in order to determine how and why it failed. VIV can then diagnose and predict (aka predictive maintenance) which other lights are expected to fail in the near future, and replace those nodes as well.

The big data gathered on the failed nodes is analysed and helps VIV add to the aggregate reliability of its smart lighting products – a company that is constantly refining and improving efficiency thanks to the magic of data analytics. Each patented intelligent lighting node currently collates over 3.3 million data points annually. This is why Honeywell, Coca Cola and Origin are interested, and why VIV is almost certainly a future takeover target.



This data is not just restricted to predictive maintenance however. The data gathered could simply be the amount of foot traffic in a shopping centre. Shopping centres can use this data to help determine the most strategic locations for billboards, promotional events, or product placements. This data can also assist with the planning of future physical expansion. VIV’s repeat customers include one of the largest property groups in Australia, which oversees a portfolio of around 42 retail shopping centres. [ASX ANNOUNCEMENT, 21 March 2017]

https://www.greenbiz.com/article/lighting-service-illuminates-path-corporate-innovation

A recent example is Lumens [Lighting] as a service (LaaS), subject of a May report from RMI. The opportunity is enormous. According to one study, potential building energy efficiency savings could exceed $1 trillion over a decade. The opportunity is particularly compelling for lighting, as it represents about 10 percent of commercial electricity consumption, as reported by the U.S. Energy Information Administration in 2016.