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Month: August 2018

LED lighting manufacturer utilises servitization

Service-based models are increasingly being integrated into businesses, as manufacturers look to retain and strengthen customer relationships. Lighting manufacturer Lumenstream are hoping to “disrupt” the industry with their servitized approach. The Belfast-based start-up is providing customers with fully installed and maintained LED lighting, for no upfront cost. Benefits to this service-based lighting approach include cost …

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NI based start-up secures £4.8m deal to roll out energy efficiency business model

Belfast based energy start-up LUMENSTREAM has secured a £4.8m contract with ARGUS ENERGY MANAGEMENT, a company specialising in providing energy efficiency measures across the UK and backed by INGENIOUS GROUP. LUMENSTREAM and ARGUS ENERGY MANAGEMENT are providing “LED lighting as a service”, where LED lighting solutions are installed and maintained at commercial properties (such as …

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