Forbes: The Enemy Of Innovative 3D Printing In Automotive – The Project’s Buyer April 20, 2021April 28, 2021 | The Essentium Team Share There is the belief amongst investors that traditional automotive companies cannot keep up with new entrants into the automotive area during a period of explosive innovation: autonomous, electric vehicles, connected platforms, etc. Agility is not the strength of monolithic corporations steeped in historical ways of working and, therein, are seen as “slow to the game” versus neophytes who beta test new features on public roads. For the most part, that preconceived notion is flawed since those traditional manufacturers have the working capital to fuel innovation, whereas the startups are fighting to survive long enough to eventually see production revenues.However, one fundamental function at these well-established companies might hurt their competitiveness in the coming years: the project-specific Buyer from the corporation’s Purchasing Department. Much like a Clydesdale, this blinder-laden workhorse is rewarded for its focused attention on the task in front of them – specifically a lower Bill of Materials (BOM) cost for the vehicle or system — and that myopic viewpoint is seen as an advantage over engineers who might get distracted by new technology. Read More: Forbes Share
There is the belief amongst investors that traditional automotive companies cannot keep up with new entrants into the automotive area during a period of explosive innovation: autonomous, electric vehicles, connected platforms, etc. Agility is not the strength of monolithic corporations steeped in historical ways of working and, therein, are seen as “slow to the game” versus neophytes who beta test new features on public roads. For the most part, that preconceived notion is flawed since those traditional manufacturers have the working capital to fuel innovation, whereas the startups are fighting to survive long enough to eventually see production revenues.However, one fundamental function at these well-established companies might hurt their competitiveness in the coming years: the project-specific Buyer from the corporation’s Purchasing Department. Much like a Clydesdale, this blinder-laden workhorse is rewarded for its focused attention on the task in front of them – specifically a lower Bill of Materials (BOM) cost for the vehicle or system — and that myopic viewpoint is seen as an advantage over engineers who might get distracted by new technology. Read More: Forbes
The Essentium Team July 28, 2021 Forbes: The U.S. Air Force Collaborates With Essentium On 3D Printing Solutions For Warfighters Last year I wrote about the U.S. Air Force’s Rapid Sustainment Office (RSO) and its inaugural Advanced Manufacturing Olympics, aimed at harnessing the latest in production technology to keep existing aircraft flying and develop new capabilities. Read More
The Essentium Team July 20, 2021 Yahoo Finance: Essentium to Acquire Collider to Advance Game-Changing DLP 3D Printing Technology Expands 3D printing arsenal to bring manufacturers choice, putting them in the driving seat of innovation Read More
The Essentium Team July 20, 2021 Fabbaloo: Essentium Acquires Collider Essentium has signed a letter of intent to acquire 3D print startup Collider. Read More
