“Stratasys is not just about 3D printing.”
The Stratasys ecosystem has an incredible reach in the 3D world, bringing under the same umbrella everything from Thingiverse (which has reached more than one million unique downloads each month) to life-saving models of hearts for pediatric surgery. With 3D printing set out to become an ever-larger presence–Garrity noted that the Wohlers Report projections had gone up over just a couple years, initially projecting that 3D printing would constitute a $5 billion market by the end of the decade, but now looking closer to $21 billion at that time; and the McKinsey projection from 2013 that the total economic impact of 3D printing would be $100 billion to $200 billion by 2025–the world is truly taking notice of what this technology has to offer.
Garrity covered several main benefits of additive manufacturing, many of which are applicable for any end use, from industrial to desktop.
“The key word in additive manufacturing,” Garrity explained, “is flexibility. You can literally begin production virtually anywhere. It changes the economies of production.”
Among other noted key points were that designs that had previously required higher numbers of individually designed components could be streamlined. Garrity pointed to the winning design in the CubeSat Challenge as an example: this design took dozens of parts down to just two. Furthermore, product personalization is a feature of additive manufacturing, including for surgical models (a “growing, growing use case adoption”) and prosthetics (notably for children, and especially those in third world countries, for whom the low-cost prosthetics available via additive manufacturing methods are literally life-changing). The decentralization of the supply chain is an additional key feature–set to “alter the supply chain”–bringing production to areas based on customer demand.
- Airbus
- Solaxis
- Unilever
- United Launch Alliance
- Nicklaus Children’s Hospital
Garrity finished up by pointing to the enterprise impact of additive manufacturing. The picture wasn’t all peaches-and-cream, as he pointed out a substantial number of known barriers to entry that have prevented additive manufacturing from simply sweeping in and saving the day, as it were. Additive manufacturing isn’t a magical solution, but a developing tool. In overcoming these barriers, Garrity pointed to a couple major helping factors:
- Companies are proactive in the development and use of additive manufacturing throughout their supply chains
- Younger generations have had experience with high-tech learning for most of their lives; STEM education is benefiting the workforce now as recent graduates bring their learned skills to the table
- Better, automated tools
- The latest in high-tech additive manufacturing equipment is working with traditional machinery
I’m looking forward to having a second chance to hear Garrity speak today, as he joins Terry Wohlers and The UPS Store’s Daniel Remba in the much-anticipated Ask the Experts panel.