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Singapore, Singapore
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Lumitics is an innovative and cutting-edge technology company that specializes in food waste management and analytics. Their website offers an intelligent food waste tracking system that empowers businesses, particularly in the hospitality industry, to monitor and reduce food wastage effectively. By utilizing advanced artificial intelligence and data analytics, Lumitics provides valuable insights into the food disposal process, helping businesses identify patterns and trends in wastage. This enables them to implement targeted strategies for waste reduction, leading to significant cost savings and a positive environmental impact. The platform's user-friendly interface and real-time reporting make it easy for businesses to track their food waste, set reduction goals, and measure their progress. Lumitics' strengths lie in its data-driven approach, seamless integration into existing workflows, and its contribution to fostering sustainable practices within the food industry.""
Rayner Loi
CEO
Operating since 2017
Eco-system
Industries
Cities and Towns
Villages
Sub-sectors
Circular Economy
Waste Management
Industrial Efficiency
Method and technique
Lumitics employs an innovative approach to food waste management through its flagship solution, Insight. This smart food waste tracker integrates seamlessly into existing kitchen workflows, requiring no significant changes from staff. Equipped with weight sensors and cameras, Insight captures data on the type and amount of food discarded. The system utilizes proprietary AI and image recognition technology to identify food items, providing detailed analytics on waste patterns. By analyzing this data, Lumitics offers actionable insights to chefs and kitchen managers, enabling them to optimize food production processes, reduce waste by up to 40%, and achieve cost savings between 2% to 8%. This method not only enhances operational efficiency but also contributes to environmental sustainability by minimizing food waste
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