"Vivid Industrial has developed a unique global leading lighting platform which is more cost-effective and energy efficient than other comparable systems." - CSIRO
"It is a uniquely Australian designed, locally manufactured, modular, plug-n-play technology, with inbuilt intelligence utilising data and algorithm control to continuously adjust a number of attached sensors and allow for predictive maintenance, optimising maintenance costs and extending product reliability." -Westpac Bank
“The intelligent part of the system takes it to another level.” - Linfox
"We are thrilled to announce a whopping 91.7% of energy savings in lighting through the installation of LED lights at Neverfail facility in Peats Ridge. Thanks to our partners Vivid Industrial for a successful roll out!" - Coca Cola
The major companies at risk of being disrupted by Vivid & CSIRO in this space:
Hubbell Lighting : Market Cap ~6 billion USD
Acuity Brands Lighting : Market Cap ~5.5 billion USD
Dialight : Market Cap ~160 million Pounds
Vivid : Market Cap ~20 million Australian Dollars (Honeywell partnered with them, Coca Cola clearly love them too)
VIV Price at posting:
4.5¢ Sentiment: Buy Disclosure: Held
