Why 3D Printing Is A Huge Business Opportunity For India ?

The 3D printing material & equipment market in the Asia Pacific is predicted to witness high growth in the coming years

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The 3D printing industry has grown enormously over the past few years. Several sectors like aeronautics, engineering, fashion design, education, healthcare and fast-moving consumer goods (FMCG) have already started adapting 3D printing in their production process.

According to a research by Global Market Insights, the 3D printing material & equipment market in the Asia Pacific is predicted to witness high growth in the coming years, owing to the substantial growth of manufacturing in sectors like automotive and the rapid technological advancements. This surge in 3D printing will create a whole new category of new jobs and investment opportunities.

Considering the growing importance of this industry, Entrepreneur India spoke to a few experts to know why 3D printing is a huge business opportunity in India.

A New Way to Build Products :

The needs of the India market are evolving along with the changes in the lifestyle of the Indian consumer. Companies are realizing the need for quicker and more efficient alternatives. For Anand Prakasam, Country Manager, EOS (EOS Electro Optical Systems) India, Industrial 3D printing has changed the way sectors such as healthcare, dental, aerospace and infrastructure build products.

For example, EOS in collaboration with CSIO developed a medical 3D-printing solution, to design patient-specific implants in segmentation with patient CT-scan data to generate a 3D-CAD model.

Prakasam added that today, additive manufacturing (the industrial version of 3-D printing) is being used to build a variety of products such as shoes, high rise building, and green automotive parts such as engines to handle evolving complexities in present day cars or even dental implants. Players in the manufacturing industry are now striving towards delivering cutting-edge products, that improve productivity and cost efficiency along with delivering consistent quality.

“The outcome of the adoption of industrial 3D printing is the increased importance given to design during the initial phases of manufacturing. It is no more about just delivering a product, it is about building customizable and design-driven components to catalyze this process, something that mere traditional ways of manufacturing cannot,” he said.

Deliver Business Value:

According to Ajay Parikh, Vice President and Business Head, Wipro 3D, in the last few years, apart from mature markets like US and Europe, specific geographies in Asia like China is gaining a lot of momentum in terms of 3D printing ecosystem. Parikh feels India too is catching up.

“Repeatability, choosing the right type of 3D printing technology for the right type of application and use case is going to be a key consideration for business leaders. Eventually, the technology has to provide business value. As we go forward, in terms of tech maturity, you are going to see, increased build speeds, different energy sources, and raw materials and build techniques with a fair degree of democratization as opposed to a limited number of OEMs(Original Equipment Manufacturer) providers that one sees today,” said Parikh.
Wipro 3D is already witnessing good traction with clients in Space, Aerospace, Defense and Automobile. Parikh believes this will accelerate faster in the future.

Disruption In Manufacturing Industry

3D printing is set to localize manufacturing and contribute to the Make in India movement. Ratandeep Singh Bansal, Director, Next Big Innovation Labs shared that 3D printing technology makes such fast iteration based product development possible in the manufacturing space.

As India makes its transition from a service based economy to a product based economy and the focus moves towards creating jobs in the manufacturing sector, 3D printing technology is playing a key role in aiding this transition and can help us compete with established manufacturing based economies like China.

“Although 3D Printing is a space commonly associated with plastics and metals, a plethora of applications can be found in the medical and biotechnology domains. 3D Bioprinting, an emerging subdomain within 3D Printing, utilizes the technology to combine tissue culture and biomaterials to print human cells and tissues. From prosthetics to implants to organ-on-chip devices, 3D Bioprinting is enabling unique applications in the healthcare domain,” said Bansal

EOS partner with leading business school to emphasize benefits of industrial 3D printing to …

Global high-end additive manufacturing company, EOS has announced a partnership with a leading business school to inform management staff of the modernising manufacturing industry.

IESE, will work with EOS to deliver the Executive Education Program on “Industry 4.0: The Future of Manufacturing.”

Since the manufacturing sector is facing a significant transition, with additive manufacturing playing a big part in that, senior management personnel are facing new challenges. IESE and EOS will combine their expertise in the fields of management knowledge and technology know-how, introducing executives to business models and opportunities focusing on the future of manufacturing.

“In an environment shaped by rapid technology and process change, remaining competitive requires informed, innovative and future-focused leaders,” said Prof. Marc Sachon, Production Technology & Operations Management Professor, IESE Business School. “The Industry 4.0 Executive Education Program takes a dynamic, interactive approach to developing participant skills through interactive discussions, lectures and workshops, and direct engagement with manufacturing businesses already on the transitional journey to Industry 4.0. With EOS as the global technology leader for industrial 3D printing, we have the perfect partner to conduct this executive education programme.”

The partners will run a three-day edition of the programme selectively in Munich and Barcelona. It will provide decision-makers with insights into key elements of this transformational process, including technologies like the connected factory, smart robots and additive manufacturing.

Based on realistic business scenarios, skills for the successful realisation of the digital transformation regarding Industry 4.0 are showcased. EOS will provide first-hand experience via customer examples, which have already integrated industrial 3D printing into their manufacturing process. The company will also show how businesses can benefit from using this technology in terms of productivity and costs savings.

“The industry is facing the next big step of development and additive manufacturing is playing a key role,” said Dr Adrian Keppler, Chief Marketing Officer at EOS. “The focus is on the integration of additive manufacturing into existing and future production environments, which requires optimisation of both part and data flow in serial production.

“The collaboration with IESE Business School emphasizes the significance of industrial 3D printing for the senior management. Together, we can prepare the management in manufacturing companies for the new challenges due to the digital transformation and communicate the advantages of new production models such as additive manufacturing in a way that they can quickly generate a genuine value-add for their own business.”

The initial runs of the programme will take place in Barcelona on May 3-5 2017 and in Munich on July 11-13 2017.

Youngstown small business organization showcases 3D printing

YOUNGSTOWN, Ohio (WKBN) – An organization that helps Youngstown residents get their small businesses off the ground used the Halloween season to promote itself.

The Oak Hill Makerspace held its first “Maker Mash,” an open house for the public to see what it offers.

The center has seven 3D printers, as well as woodworking tools.

The Makerspace has seen success since it opened two years ago.

“We are getting people in that are working with each other and they are getting companies off the ground, small companies,” said Pat Kerrigan with the Oak Hill Collaborative.

The organization is hoping to give Youngstown residents who don’t have a computer degree the chance to use a 3D printer and other tools.

3D Printing Services Business Analyst

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Job Location: Barcelona, Spain

3D Printing Services Business Analyst-1505956

Description

As a Business Analyst, you will:

– Participate in the elicitation, documentation, analysis and validation of business processes, systems, and solution requirements.

– Research and components of solutions to problems.

– Produce visualization, user experience and configuration elements of solution design.

– Document requirements specifications using high maturity methods, processes and tools.

– Support requirements management and change management processes.

– Support aspects of the business cycle, including proposals, feasibility studies, and implementations.

– Performs work assigned by others.

– Accountable for own work.

Qualifications

Education and Experience Required:

Bachelor’s or Master’s Degree in Engineering or Business

– Strong desire to join the HP organization and the 3D printing industry

– Strong team player and goal job oriented

Job – Services

Primary Location – Spain-Spain-Barcelona

Schedule – Full-time

Shift – Day Job

Travel – No

Job Posting – Sep 21, 2016

EEO Tagline HP Inc. is EEO F/M/Protected Veteran/ Individual with Disabilities

Job ID: 1505956

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Twelve-Year-Old Entrepreneur Launches His Own 3D Printing Business

dt.common.streams.StreamServerWe write a lot here at 3DPrint.com about young entrepreneurs, but twelve-year-old Rowan Pritchard may be the youngest businessman we’ve ever encountered in the 3D printing world. The California boy recently completed fifth grade at Mary Collins School at Cherry Valley, and while he has several years before he has to start thinking about summer jobs, he’s decided to spend his summer vacation launching his own business.

It’s not a lemonade stand, either. Three years ago, Rowan’s uncle took him to a Maker Faire in San Rafael, where he had his first encounter with a 3D printer. Drawn by the lights and sounds coming from a row of printers in one of the exhibition halls, Rowan went to investigate, and by the time he left the faire, 3D printing was his new obsession.

“I went home and did a little bit of research and started getting more and more into it and learning more about it and how it can improve people’s lives and what it does for people,” he said.

He asked his parents for a 3D printer, and at first they laughed, but as they watched their son continue to tirelessly research the technology online every day when he came home from school, they realized that his interest might be more than a passing twelve-year-old phase. Seeing the potential for a learning opportunity, Rowan’s father, Scott, took his son aside and introduced him to the concept of a GoFundMe. Not only could he raise the money to buy a 3D printer, but he could build a business around it. The boy was thrilled with the idea.

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“We had him write his own message, we talked about the donors being investors. It was a great opportunity to teach him how to run a business,” Scott Pritchard said.“You’re going to have to have investors and thank them when they contribute and follow up with them on your goal. And when you get there, you’re going to have to continue to speak to them about the progress.”

download (18)So far, Rowan has shown himself to have a true startup mentality. Two months into his GoFundMe campaign, he has raised over $2,500 of his $3,300 goal. He plans to use the money he raises to buy not just a 3D printer but all the other equipment he needs to set up a home 3D printing lab, such as a scanner, monitor, and a recycler for scrap material. Once that’s done, he intends to set up a website where people can order custom 3D printed items such as tools, toys, smartphone cases, and replacement parts for gadgets such as quadcopters.

“You name it, I will make it!” he said.

2015-MentorMe-logo-TM-1-300x99Rowan’s parents also taught him that giving back to the community should be a priority for any successful businessperson, so he plans to donate 10% of his profits to his school and to local youth charities such as Social Advocates for Youth and Mentor Me, whose executive director, Deb Dalton, helped him come up with the idea of teaching a class at the facility for other kids to learn about 3D printing.

“I have learned that it is important to support others around me. To do that I am going to donate 10% of my profit to my school and charities that support kids in my community (like Social Advocates for Youth and MentorMe Petaluma). I am also hoping to teach a class to kids showing them how to use the software and use these tools themselves. It would be great if one day I could give them a printer from my business,” he explained. “I would like to start this business by summer since I will have lots of time, so I am hoping you can help me this spring.”

Rowan started the GoFundMe campaign in April, hoping that he would be able to raise the money by summertime so he could use his summer vacation to get the business off the ground. His initiative, determination and sense of social responsibility go far beyond that of many adults, let alone children; if you’d like to help him reach his financial goal, you can donate to his campaign here.

[Source: Petaluma 360]