3D Systems Ranks in Top 20 of Forbes Magazine’s Most Innovative Growth Companies

Share this Article

3D SystemsForbes published its list of 100 Most Innovative Growth Companies recently. Three-dimensional printing company 3D Systems came in at no. 13 on the the company’s list, which focuses on firms with a market capitalization under $10 billion.

Forbes releases the list annually and uses a formula called the Innovation Premium to figure out which companies make the cut. According to Forbes, the Innovation Premium is calculated in the following way:

“It is calculated first by projecting a company’s income (cash flows, in this case) from existing businesses, plus anticipated growth from those businesses, and look at the net present value (NPV) of those cash flows. We compare the NPV of cash flows from existing businesses with a current market capitalization: Companies with a current market cap above the NPV of cash flows have an innovation premium built into their stock. You can read a more detailed explanation of our work around innovative companies and leaders in our book The Innovators DNA (Harvard Business Press, 2011), written with Harvard Business School professor Clayton Christensen.”

Though Forbes ranked the companies based on its Innovation Premium, the list also includes each company’s five-year average sales growth, five-year average net income, enterprise value and industry.President and chairman of 3D Systems Avi Reichental said of the achievement,

Chuck Hull, Inventor of 3D Printing, Founder of 3D Systems

Chuck Hull, Inventor of 3D Printing, Founder of 3D Systems

“Ranking 13 on this distinguished Forbes’ list of the most innovative companies underscores our commitment to accelerated innovations that advance 3D printing 2.0 targets. “We are committed to making 3D printing affordable, fast and capable of meeting the most demanding performance requirements for a wide range of industrial manufacturing cases, personalized healthcare applications as well as desktop design and consumer needs.”

3D Systems is one of the most recognized names in 3D printing. The company manufactures 3D printers, print materials and custom parts for professionals and consumers. It also provides integrated 3D scan-based design, free-form modeling and inspection tools, as well as biomedical tools.

3D Systems has a history of being innovative. The company invented 3D printing by developing the Stereolithography printer. Since that time, the company has gone on to create at least three other technologies—Selective Laser Sintering, Color-Jet-Printing and Multi-Jet-Printing–that have changed the face of 3D printing. Do you think that 3D Systems deserves this recognition?  Are any other additive manufacturing companies also worthy of making Forbes’  list?  Let us know in the 3D Systems innovation forum thread on 3DPB.com.  More information on the innovation taking place at 3D Systems can be found in the video provided below.

Share this Article


Recent News

How 3D Printing Jigs and Fixtures Transforms Manufacturing 

The Stratasys J850 3D Printer: Just Released—Designed for Designers / Also New FDM Thermoplastics



Categories

3D Design

3D Printed Art

3D Printed Food

3D Printed Guns


You May Also Like

Origin to Begin Shipping New Industrial 3D Printer, the Origin One

Today Origin will begin shipping their new Origin One, an industrial 3D printer which the San Francisco-headquartered company claims is already in high demand internationally. In fact, the developer of...

Interview with Scott Sevcik, VP Aerospace Stratasys, on 3D Printing for Aviation and Space

Out of all the possible industries that are deploying more 3D printers, aerospace is probably the most exciting. By reducing the weight of aircraft components, by iterating more, by integrating...

3D Printing News Briefs: October 14, 2019

In today’s 3D Printing News Briefs, everything is new, new, new! Carbon is announcing a new RPU 130 material, and STERNE Elastomere introduces its antimicrobial silicone 3D printing. Protolabs launches...

Prusa Research Releases Prusa Mini for $349

It is no secret that the entry-level 3D Printer market has been brutal. Creality, MonoPrice, and Anet continue to pump out $200 to $300 i3 clones while many companies have...


Shop

View our broad assortment of in house and third party products.


Services & Data

Subscribe To Our Newsletter

Subscribe To Our Newsletter

Join our mailing list to receive the latest news and updates from our 3DPrint.com.

You have Successfully Subscribed!