Metrolight Innovative LED and IoT Solutions Revenue and Competitors

Metrolight provides proven energy-efficient eHID and LED solutions for high-power lighting. Metrolight's ballasts, drivers and managed lighting solutions are used in retail, industrial, commercial and municipal installations to reduce energy consumption and carbon emission by 70%. Pioneering lighting energy solutions since 1996, Metrolight operates worldwide with over 1,000,000 systems deployed and over 8 billion hours in operation. Metrolight, is now developing a unique business model and technology platform to bridge the LED market and IoT market (Internet of Things). Light points are inherently electrified, typically located in strategic high places with superb line of sight and are all around us. Since LEDs drive new installations and retrofits, Metrolight sees each light point as a valuable real-estate that can provide an extraordinary platform for value added services. These services include: cellular, Wi-Fi, video, electrical cars charging, smart parking, announcements, signs hazards detection, city management and many more. Metrolight produces today smart LED drivers which are fully internet controllable and programmable. The company's install base includes 1,000,000 installed light points worldwide out of which 300,000 are fully controllable and manageable via the Internet. The company is now developing the LED2IoT gateway which both controls and manages the LED system and supports the connection and management of peripheries that ultimately stream data to cloud services.