Digital manufacturing can drive economic growth, innovation, & sustainable production: Global HP Study

By OEM Update Editorial October 19, 2020 5:41 pm IST

Companies are increasingly investing in advanced 3D printing solutions that provide the agility, speed, and flexibility necessary to grow their business and become more resilient in an ever-changing environment, finds HP’s Digital Manufacturing Trend Report.

One of the key insights from the global manufacturing industry is that regardless of sector or location, companies are looking to 3D printing to strengthen their supply chains, become more agile, and create more innovative product development and manufacturing strategies. This is underscored by arising investment in 3D printing, support for 3D printing as a viable alternative to traditional manufacturing, and a greater desire for closer ecosystem collaboration to drive adoption.

Manufacturing decision makers also see opportunities for accelerated innovation, recognizing that 3D printing is uniquely suited for the mass personalization of new products, and by also reducing waste and promoting a more sustainable economy.

“The global manufacturing sector is clearly signaling a desire for greater supply chain resiliency, more manufacturing flexibility, increased speed of innovation, and stronger environmental sustainability,” said Ramon Pastor, General Manager, HP 3D Printing & Digital Manufacturing. “And they are seeing industrial 3D printing as a way to not only lower costs and go to market faster, but as a unique competitive advantage that accelerates innovation for customers.”

On 15th October, at its global Innovation Summit, HP and members of its worldwide partner and customer community along with industry experts showcased the power of digital manufacturing to transform industries. Underpinning the event was a new HP study delivering insights on digital manufacturing technologies and trends such as industrial 3D printing. The summit featured discussions with executives from Additive Integrity, Decathlon, Forecast3D, IDC, Nissan, Solize, the World Economic Forum, and more.