<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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<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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Our north star. We will always work towards it, but it can never be fully achieved.
Accelerating 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. 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.
Luminovo allows innovators to bring new electronic products to life faster, cheaper, and more sustainably.
The electronics industry is the pacemaker of that technological progress and the guiding industry of digitalization. From smartphones and medical devices to autonomous cars and spaceships, it touches every aspect of our lives and our future. The development of electronic products is often the bottleneck of innovation.
An epic milestone that would give evidence that we are achieving our mission.
Our software has touched one million electronic products by 2025.
In order to maximize your potential impact on a particular process, you have to become its system of records and start owning its relevant interfaces. This allows you to have the data needed to unlock value through automation and be able to deliver it to the user. For us, this means, that we want to become the fundamental data and software layer, defining the next-generation software suite for the electronics industry.
<aside> 🚀 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.
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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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