Smart lighting has been developed for years, but products and applications are not really used widely. In 2017, however, smart lighting has entered rapid development. According to the latest data of LEDinside, the global smart lighting market reached close to US$4.6 billion in 2017 with an annual growth rate of 95%. The market size is expected to reach US$13.4 billion in 2020.

Some people believe that wireless cannot go the distance for large commercial lighting applications. That is not true. Even with the widespread usage of wireless networks, it is still amazing that there are so many myths about them. That is not a surprise since not everybody has strong IT knowledge. After all, IT can be quite complicated.

High-tech company Osram is increasingly focusing on digitalization trends. During the Annual General Meeting, CEO Olaf Berlien outlined to shareholders the promising path the long-established company will take over the coming years.