Signify

Signify is a global leader in lighting solutions, providing energy-efficient products and services for professional, consumer, and Internet of Things (IoT) markets. Originally founded as Philips Lighting in 1891, the company became independent in 2016 and is headquartered in Eindhoven, Netherlands. With a workforce of around 29,000 employees, Signify operates in over 70 countries. The company offers a wide range of products, including conventional and LED light bulbs, fixtures, and connected lighting systems like the Philips Hue smart lighting system. Signify emphasizes sustainability, with about 80% of its revenue coming from LED products that significantly reduce energy consumption and carbon emissions. The company has achieved notable environmental milestones, including zero waste to landfill and a commitment to a net-zero carbon footprint. In 2024, Signify reported revenues of approximately €6.1 billion, driven by its innovative digital and connected lighting solutions. Key brands include Philips Lighting, Interact, and WiZ, supporting a diverse customer base worldwide.