Signify's asset
Signify

@signify.com

Signify is the world leader in connected LED lighting systems, software and services.

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About

Description

Signify, formerly known as Philips Lighting, is a Dutch multinational company specializing in lighting products, systems, and services. It is headquartered in Eindhoven, Netherlands. Signify has a long history that dates back to 1891 when it was founded by Gerard Philips and his father Frederik as a light bulb manufacturing company.


Over the years, the company expanded its product portfolio and diversified its operations. In 2016, Philips Lighting became a separate legal entity and was renamed Signify in 2018. The company's headquarters in Eindhoven serves as the center for its global operations.


It houses various departments including research and development, innovation, and sales. Eindhoven is also home to the company's state-of-the-art research laboratories and innovation centers. Signify offers a wide range of lighting products and solutions for both professional and consumer markets.


Its product portfolio includes LED bulbs, luminaires, lighting controls, and connected lighting systems. The company also provides lighting services, including energy management, maintenance, and design consulting. Operating on a global scale, Signify has a strong presence in over 70 countries worldwide.


It operates through various subsidiaries, joint ventures, and partnerships. Noteworthy subsidiaries include Philips Argentina, Philips Brazil, and Philips India. The company has also formed strategic partnerships with companies like Cisco and Vodafone to develop innovative lighting solutions.


Signify is a market leader in the lighting industry, consistently maintaining its position as one of the top global lighting companies. It has a significant market share and strong brand recognition. The company's competitors include GE Lighting, Osram, and Cree.


In recent years, Signify has focused on expanding its presence in the Internet of Things (IoT) and smart lighting market. The company has introduced innovative connected lighting solutions that enable users to control and personalize their lighting experiences through smartphones and other devices. As of the latest updates, Signify continues to drive innovation in the lighting industry.


The company is committed to sustainability and has set ambitious targets to become carbon neutral and use 100% renewable electricity by 2020. Signify's strong market position, innovative product portfolio, and commitment to sustainability position it for further growth and success in the future

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