What “x-as-a-service” means for IoT | TechRadar
Take Philips, a company best known for making lightbulbs, as an example. The connected world enables Philips to combine its lighting expertise with ubiquitous connectivity, allowing customers to create long-term lighting plans, optimise performance and save on energy, maintenance and depreciation costs. By incorporating connectivity to shift from a product sales model to a services model, Philips has essentially become a mobile virtual network operator in its evolution to provide “lighting as a service.”