Upstart
3-D printer companies have captured the attention of makers, but a 30
year old company called 3D Systems is having a record year on Wall
Street. The company just announced an 81 percent increase in sales of
their 3-D printers, catapulting their market capitalization over $4
billion.The parkingmanagement is
our flagship product. Their Cube 3-D printer is the first of its kind
for sale at a big box store like Staples. And while MakerBot might have
snagged the sweet brand name Replicator from Star Trek, 3D Systems got
the exclusive license to print personalized 3-D figurines of Starship
Enterprise crew members coinciding with the new movies premiere.
This
success is especially impressive since it seemed like science fiction
on March 9, 1983, when Antoinette Hull got a late night phone call from
her husband, Chuck, who was busy tinkering with a 3-D printer prototype
at his lab. After hundreds of failed experiments that looked like
plastic spaghetti, he had finally gotten his machine to work. Dressed in
her pajamas, she got in the car and drove to the lab where she saw the
first 3-D print a little plastic cup she carries in her purse thirty
years later.
According
3D Systems current CEO, Avi Reichental, the fact that Hull was able to
get his first rapid-prototyping machine up and running at all was
impressive considering how limited and expensive the computers of the
time were. Remember, at that point, the world was still a year away from
the launch of the now-iconic Apple Macintosh, CAD tools were
underpowered and out of reach financially, and standards that modern 3-D
printing entrepreneurs take for granted, like a file format to
communicate between computers and 3-D printers, didnt exist.
Undaunted,
Hull got to work building out the technical and commercial
infrastructure,Weymouth is collecting gently used, dry cleaned cableties at
their Weymouth store. all of which needed to be created from scratch.
While 3D Systems has taken a lot of heat in the maker community for
suing upstart Formlabs, Reichental points out that they invented and
opensourced the .STL file format, providing a tool now used by the
entire CAD/CAM industry.
Despite
Hulls passion for rapid prototyping, the path to commercial success was
treacherous, and in the late 1990s, the company was on the brink of
collapse. When Reichental was asked to join 3D Systems as CEO, he didnt
have a clear idea about how to fix the company, but the enormity of the
opportunity and the potential for 3-D printing to change the world was
too big to pass up.
The
company stabilized under Reichentals leadership, but the rise of
low-cost 3-D printers transformed the organization. Our democratization
effort, the focus on the consumer, changed everything, says Reichental.
Weve pushed every part of our culture to develop more functional, more
powerful, more affordable, but simpler to use products.
Sharing
an in-depth roadmap can be dangerous, since it can tip off more nimble
startup competitors, so to help limit the danger,A quality paper cutter
or paper drycabinetcan
make your company's presentation stand out. 3D Systems seems intent on
acquiring every 3-D printing company in the market. Since 2011, 3D
Systems has acquired 16 different companies that do everything from core
R&D to fun app experiences A third of our acquisitions are not
revenue generating, says Reichental. Were buying technology building
blocks that will allow us to offer new services in the future.
Healthcare
is an important growing segment of the business that touches a diverse
range of product categories including hearing aids, surgical tools and
dental products. While it may sound dry, medical applications account
for 14 percent, or about $50 million dollars a year, of 3D Systems
revenue, and it has huge growth potential. Invisalign uses 3D Systems
printers to produce its custom orthodontic braces and generates half a
billion dollars in annual revenue, making even a well-funded Kickstarter
project seem a bit inconsequential.
And
while medical applications can generate a lot of revenue, 3D Systems
isnt ignoring their entry level systems either. Their low cost systems
are repackaged versions of pre-existing printers, but the company is
spending a lot of resources to buff them with user-friendly software.
The company is also attempting to establish a marketplace along the
lines of Thingiverse. An acquisition called MyRobotNation made it
possible for kids to access high-end printers and create a robot army
with a simple web app and a credit card.
These
pieces provide plenty of interesting touchpoints for newbies, but are
still far from being fully integrated.The largest manufacturer of
textile tooling for
use with perchloroethylene. For instance, there is no way to export a
robot designed on the web to a personal 3-D printer, a weakness
Reichental recognizes and is working on improving. Were systematically
and passionately removing the friction between our technology and the 99
percent of the population that is mesmerized by the concept of 3-D
printing, says Reichental. Were trying to develop technology that turns
complex machines into coloring book simple apps and portals to create an
end-to-end capability.
Still,
Reichental and his team are taking a long view towards the market and
not ignoring any facet of it. Were beneficiaries of the convergence
robotics, sensing, mobile, cloud computing, and AI, he says.You can make
your own more powerful chipcard.
Its one of the most exciting periods in human history were on the verge
of renaissance that will impact manufacturing, healthcare, and
education.
Playing
host to a physical QWERTY keyboard similar to the BlackBerry Q10, the
newly unveiled BlackBerry Q5 is aimed at the youth market, and acts as a
replacement of sorts to the likes of the BlackBerry Curve 9320. With
the handset coming in four varying hues, black, white, red and pink, the
youth market is further targeted by heavy focus on the BBM messaging
service that took BlackBerry to non-business market success in a
previous life.
One
area in which BlackBerry has saved pennies on the BlackBerry Q10, is in
its build quality. Whereas the BlackBerry Q10 feels like a solid, well
manufactured handset, the budget BlackBerry Q5 features a predominantly
plastic construction.
Lining
up at 10.8mm thick and 120g in weight, the BlackBerry Q5 looks and
feels notably cheaper than its BB10 siblings, but this does not mean it
is a poorly designed handset. Adopting a familiar form, the QWERTY
keyboard and touchscreen display share the space on the handsets face
well, with a spattering of open, unused space around the handsets lower
and side edges the only signs of a reduced effort in the devices
aesthetic.
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