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Signify 
Industry & manufacturing / Lighting and Smart Solutions
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Philips Lighting was founded in Eindhoven, Netherlands in 1891 by Gerard Philips and his father Frederik. It began as a small light bulb factory and has since grown into a global leader in lighting, being present in over 70 countries and employing over 37,000 people.
In 2016, Philips Lighting changed its name to Signify, signaling its transformation into a standalone lighting company and cementing its commitment to developing sustainable lighting solutions. The name Signify reflects the company's focus on lighting and its mission to "unlock the extraordinary potential of light for brighter lives and a better world."
Today, Signify is focused on developing connected lighting systems and services, as well as energy-efficient LED lighting products. Its portfolio includes a wide range of lighting solutions for homes, businesses, cities, and other industries.
Signify is committed to sustainability and has set ambitious goals to become carbon neutral by 2020 and use 100% renewable electricity by 2025. The company also works on initiatives to improve the lives of people in underserved communities through access to sustainable lighting.
Signify has received numerous awards and recognitions for its innovative lighting solutions and sustainable practices. It continues to be a leader in the lighting industry, driving forward advancements in smart lighting and sustainability.
In 2016, Philips Lighting changed its name to Signify, signaling its transformation into a standalone lighting company and cementing its commitment to developing sustainable lighting solutions. The name Signify reflects the company's focus on lighting and its mission to "unlock the extraordinary potential of light for brighter lives and a better world."
Today, Signify is focused on developing connected lighting systems and services, as well as energy-efficient LED lighting products. Its portfolio includes a wide range of lighting solutions for homes, businesses, cities, and other industries.
Signify is committed to sustainability and has set ambitious goals to become carbon neutral by 2020 and use 100% renewable electricity by 2025. The company also works on initiatives to improve the lives of people in underserved communities through access to sustainable lighting.
Signify has received numerous awards and recognitions for its innovative lighting solutions and sustainable practices. It continues to be a leader in the lighting industry, driving forward advancements in smart lighting and sustainability.
What is special about the company?
1. Innovation and Sustainability: Signify is committed to driving the transformation towards sustainable, energy-efficient lighting solutions. They are constantly investing in R&D to develop innovative products and technologies that meet the evolving needs of their customers.
2. Market Leader in Lighting: Signify is the world's leading provider of lighting solutions, with a presence in over 70 countries. They have a strong global brand and a diverse portfolio of products and services that cater to both the consumer and professional markets.
3. Strong Heritage: Signify has a rich heritage in the lighting industry, with a history dating back more than 125 years. They have a strong heritage of quality, reliability, and innovation, which has enabled them to maintain a leading position in the market.
4. Commitment to Social Impact: Signify has a strong commitment to making a positive impact on society through their lighting solutions. They are focused on developing products and initiatives that promote energy efficiency, improve people's well-being, and contribute to the development of sustainable communities.
5. Sustainable Business Practices: Signify has a strong focus on sustainable business practices, including responsible sourcing, reducing their carbon footprint, and promoting diversity and inclusivity in their workplace.
6. Strong Brand Portfolio: Signify has a diverse portfolio of lighting brands, including well-known names such as Philips, Interact, and Color Kinetics. This enables them to cater to a wide range of customer needs and preferences.
7. Collaborative Partnerships: Signify works closely with customers, partners, and stakeholders to co-create solutions that meet their specific needs. They have a strong emphasis on building collaborative partnerships and actively seek to work with other companies and organizations to drive innovation and sustainability in the industry.
2. Market Leader in Lighting: Signify is the world's leading provider of lighting solutions, with a presence in over 70 countries. They have a strong global brand and a diverse portfolio of products and services that cater to both the consumer and professional markets.
3. Strong Heritage: Signify has a rich heritage in the lighting industry, with a history dating back more than 125 years. They have a strong heritage of quality, reliability, and innovation, which has enabled them to maintain a leading position in the market.
4. Commitment to Social Impact: Signify has a strong commitment to making a positive impact on society through their lighting solutions. They are focused on developing products and initiatives that promote energy efficiency, improve people's well-being, and contribute to the development of sustainable communities.
5. Sustainable Business Practices: Signify has a strong focus on sustainable business practices, including responsible sourcing, reducing their carbon footprint, and promoting diversity and inclusivity in their workplace.
6. Strong Brand Portfolio: Signify has a diverse portfolio of lighting brands, including well-known names such as Philips, Interact, and Color Kinetics. This enables them to cater to a wide range of customer needs and preferences.
7. Collaborative Partnerships: Signify works closely with customers, partners, and stakeholders to co-create solutions that meet their specific needs. They have a strong emphasis on building collaborative partnerships and actively seek to work with other companies and organizations to drive innovation and sustainability in the industry.
What the company's business model?
The Signify company's business model is focused on providing innovative lighting solutions and services, including energy-efficient LED lighting, systems and controls, and connected lighting, to various industries and sectors worldwide. This includes selling lighting products, providing installation and maintenance services, and developing custom lighting solutions for specific customer needs. The company also aims to expand its business through collaborations and partnerships with other companies, as well as through investments in research and development to constantly improve and expand its product offerings. Additionally, Signify emphasizes sustainability and environmental responsibility in its business practices and products, promoting the use of energy-efficient and eco-friendly lighting solutions.
Interesting facts about the company
1. Signify (formerly known as Philips Lighting) is a leading global provider of sustainable lighting solutions.
2. The company was founded in 1891 by Gerard Philips and his father Frederik in Eindhoven, Netherlands.
3. Signify has a presence in over 70 countries and employs approximately 33,000 people.
4. The company’s products range from traditional lighting sources such as incandescent bulbs, to energy-efficient LEDs and connected lighting systems.
5. Signify was the first lighting company to introduce LED-based street lighting in 2009.
6. The company has been named one of the most sustainable companies in the world by Dow Jones for three consecutive years.
7. Signify has a strong commitment to reducing carbon emissions and has set a target to become carbon neutral by 2020.
8. In 2019, Signify became the first lighting company to sell LiFi technology, which uses light waves to transmit data and internet connectivity.
9. The company has a history of innovation, with over 34,000 patents to its name.
10. Signify has a partnership with the World Wildlife Fund to promote sustainable lighting solutions and support biodiversity conservation.
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2. The company was founded in 1891 by Gerard Philips and his father Frederik in Eindhoven, Netherlands.
3. Signify has a presence in over 70 countries and employs approximately 33,000 people.
4. The company’s products range from traditional lighting sources such as incandescent bulbs, to energy-efficient LEDs and connected lighting systems.
5. Signify was the first lighting company to introduce LED-based street lighting in 2009.
6. The company has been named one of the most sustainable companies in the world by Dow Jones for three consecutive years.
7. Signify has a strong commitment to reducing carbon emissions and has set a target to become carbon neutral by 2020.
8. In 2019, Signify became the first lighting company to sell LiFi technology, which uses light waves to transmit data and internet connectivity.
9. The company has a history of innovation, with over 34,000 patents to its name.
10. Signify has a partnership with the World Wildlife Fund to promote sustainable lighting solutions and support biodiversity conservation.
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