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3-D Print Applications in Product Development Fairfield University Conference 2-20-2009. Presentation Overview . Brief History of Rapid Prototyping (RP) Objet’s Position in the Market How/Why Companies use 3D Print ROI Overview Business Case for 3D Print. Brief History of RP Industry.
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3-D Print Applications in Product Development Fairfield University Conference 2-20-2009
Presentation Overview • Brief History of Rapid Prototyping (RP) • Objet’s Position in the Market • How/Why Companies use 3D Print • ROI Overview Business Case for 3D Print
Brief History of RP Industry • Started in late 1980’s early 1990’s • Cumbersome process • Expensive equipment • Specialized KNOWLEDGE BASE • Only large companies invest • Fast Forward 20 years • Simple process with 3D Printers • Anyone with 3D CAD can easily make models.
Objet Overview Office Friendly Technology • Easy Cleanup, Minimal Training Expanding product line • Wide range of Material Properties and Printers Leading Technology • Polyjet (inkjet) • Polyjet Matrix (multiple materials) Established Company • Thousands of installations WW • “Most desired” technology
Selected Customers Automotive & Industrial
Cost of error High risk for any company! Time Design/Concept Mass Production First runs/ prototypes Why Use 3D Print? Old Driver - Cost of Error
New Driver – Need for Collaboration • Increased requirement for validation of complex products • Do more with less • Communicate design concepts better
Apple’s Jonathan Ive {Radical Craft 2006] “I think one of the things we are good at as a team is gently moving these fragile ideas along so they become just a little more robust and you can actually start to see what they are. So we go from those sorts of discussions and then we make lots and lots of prototypes.
Old School Use modelsto CONFIRM designs. (Out-sourceis OK). Design Cycle Innovate,review, Place order for Model Share models discover “Issues” REPEAT Process (if time allows?) Release late and/or compromised design New School Use modelsto INNOVATE and solve problems in real time. Must havecapabilities in-house. Model Model Release optimized design on time! Design Cycle Innovate, MODEL, review, repeat Model Model How Prototype Models are used in New Product Development Processes Time flies… And flies...And flies • Where is the Profit Opportunity? • Save $5K on model expense? (Old School) • Save $50Kin total development cost? (New) • Earn $500K with a better product in less time! (New) Share models Discover “Issues”
Sample Company Statistics • $60M Revenue • 24 Engineers/CAD Seats • 10 new products per year • Avg. selling price = $100 • 24 month PD cycle time • 250 drawings per month • Warranty cost=1%
Sample Results Forecast Results using 3D Print (Using company supplied data): • Products to market 2-3 months sooner +$600K • Savings – development hours +$520K • Savings - ECOs after release +$120K • Savings - warranty costs +$100K $1,340K Per Year!
Objet can help you find out! Ben Arnold 781-806-5012 ben.arnold@objet.com www.objet.com How does this apply to you?