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Olivia Qiu,
Chief Innovation Officer, Signify
In 2024, Signify filed a growing number of patents focused on enhancing the efficiency and quality of lighting. Many new innovations are driven by generative AI, which has enabled Signify to improve its smart controls, sensors and other functionality to deliver superior lighting solutions. For instance, the AI understands the specific needs of users and automatically controls the lighting based on that, while improving the interfacing with non-lighting systems.
“Despite political and economic uncertainties, European companies and inventors filed more patents last year, underlining their technological prowess and their continued investment in R&D,” said EPO President António Campinos.
The EPO, headquartered in Munich, enables inventors to obtain high-quality patent protection in up to 45 countries, covering a market of some 700 million people. Last year, it received a total of 199,264 applications.
For detailed statistics and supporting materials produced by the European Patent Office, see the EPO's Annual Report at: www.epo.org/en/about-us/statistics/patent-index-2024.
Signify (Euronext: LIGHT) is the world leader in lighting for professionals, consumers and the Internet of Things. Our Philips products, Interact systems and data-enabled services deliver business value and transform life in homes, buildings and public spaces. In 2024, we had sales of EUR 6.1 billion, approximately 29,000 employees and a presence in over 70 countries. We unlock the extraordinary potential of light for brighter lives and a better world. We have been in the Dow Jones Sustainability World Index since our IPO for eight consecutive years and have achieved the EcoVadis Platinum rating for five consecutive years, placing Signify in the top one percent of companies assessed. News from Signify can be found in the Newsroom, on X, LinkedIn and Instagram. Information for investors is located on the Investor Relations page.
