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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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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 are everywhere — in industrial equipment, healthcare devices, automotive systems, energy technology. Every delay in bringing a new product to market costs time and money. Every supply chain disruption threatens millions in revenue.
Our north star. We will always work towards it, but it can never be fully achieved.
Accelerate technological progress.
We fundamentally believe that technology is the best tool that humankind has developed to tackle the biggest challenges we face as a society today. AI is eating software. Electronics is eating hardware. And we want to do our share in accelerating 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 is the pacemaker of that technological progress and the guiding industry of digitalization. The development of electronic products is often the bottleneck of innovation.
A quantifiable result we can strive for in the next 5 years, helping us to fulfil our mission.
By 2030, 10,000 companies run 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.
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By 2030, Luminovo will be: the orchestration layer of the electronics supply grid · the system that transforms a fragmented supply chain into a connected, resilient network · a platform where companies don't just buy software — they plug into the grid.
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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 this page exists — to help you navigate the industry, increasing the complexity one step at a time.
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.
The result: development cycles are slow, costs are high, and collaboration is broken.