<aside> ⚡ We generally don’t mind if you have very little knowledge about the electronics industry or if you are an electronics enthusiast.
This page is designed to provide you with an understanding of what we do here at Luminovo!
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<aside> 📌 Overview
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By 20230, Luminovo will be:
orchestration layer of the electronics supply grid.connected, resilient network.plug into the grid.
</aside>Our north star. We will always work towards it, but it can never be fully achieved.
Accelerating technological progress.
We think technology is the best tool mankind has at its disposal to solve today’s biggest challenges.
We have made it our north star to build software to accelerate that technological progress.
This guides Luminovo until the exit or the IPO and should be good for the next 10 years.
Bring innovations to life faster and cheaper by creating a more connected and resilient electronics supply chain.
The electronics industry has become the nervous system of modern innovation.
Every transformative product, from electric vehicles to satellites to medical devices, is powered by electronics.
Bringing all stakeholders in the electronics supply chain on one data platform will increase its resilience and allow for faster and cheaper product development.
An epic milestone that would give evidence that we are achieving our mission.
By 2025, 10,000 companies are running on Luminovo.
On our way to becoming the orchestration layer of the electronics supply grid, we need to bring as many “nodes” as possible online to form a connected supply chain.
<aside> 💡 Why does no other company build exactly what we are building at Luminovo?
Because we dare to operate in a complex industry and try to solve even more complex challenges.
While this makes us super excited about our mission, we also know that it can be quite overwhelming to grasp what we are doing and how the industry and our customers work.
That’s why we put together some reading material to help you navigate the industry - increasing the complexity one step at a time.
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Every year, $1.2tn are spent on electronic components and $800bn on electronics manufacturing — numbers that are only ever-increasing due to the electrification of our physical world. Electronics is eating hardware.
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Whether we turn off the alarm in the morning, jump on our e-bikes to get to the office or switch on the PlayStation 5 to relax — the electronics industry is all around us.
Yet, many never think about how these products come into existence or how this whole process works. Luckily, you are different and ready to accelerate technological progress.
The following article illustrates Luminovo’s journey from AI to electronics – including a little background story of how Seba and Timon met and decided to start a business in the first place.
Don’t be afraid – if you’re starting at Luminovo you do not have to be an industry expert yet!
But our customers are deeply embedded in the electronics industry and will mostly talk in their own language with abbreviations. So it definitely helps to have a solid and profound understanding of what EMS do, what the conventional production process of electronic products looks like, and how Luminovo supports this process.
A Short Primer on the Electronics Industry
Yet another primer on the electronics industry
We try to avoid abbreviations as much as possible, but the following terms are a must-have to navigate Luminovo and our industry:
Electronic Manufacturing Service [EMS]Original Equipment Manufacturer [OEM]Request for Quotation [RfQ]Printed Circuit Board Assembly [PCBA]Manufacturer Part Number [MPN]Bill Of Material [BOM]<aside> 🫠 Developing electronics hardware today is more cumbersome than ever.
The process from an idea to a ready-to-sell electronic product has seen little innovation since electronic products are being built.
People work with siloed data and process information, often manually, while dealing with a fragmented tool stack.
At the same time, market appetite for innovation and supply chain disruptions put the electronics industry under severe pressure.
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