<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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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.
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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.
From smartphones and medical devices to autonomous cars and spaceships, it touches every aspect of our lives and future.
This often leads to the development of electronics becoming the bottleneck of innovation.
An epic milestone that would give evidence that we are achieving our mission.
By 2030, 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.
This includes OEM, EMS and PCB CPQ customers, as well as part suppliers and PCB pricing partners, that deliver real-time data via API.
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By 20230, Luminovo will be:
orchestration layer of the electronics supply grid.connected, resilient network.plug into the grid.
</aside><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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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 | Luminovo Blog
Yet another primer on the electronics industry | Luminovo Blog
Bill-of-Material 101: simple guide to BOM management | Luminovo Blog
Electronics supply chain chaos: Who's hurt most? | Luminovo Blog
<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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