Futurum analyst Todd R. Weiss looks at how Siemens is growing the market for industrial additive manufacturing by opening CATCH, its latest innovation and collaboration hub, where customers can meet with Siemens experts and 3D printer vendors to brainstorm and find answers to their most pressing additive manufacturing problems.
New partnerships and alliances like what we are seeing HP do here will help enterprises of different sizes have more resources for 3D technology equipment, training and support. These efforts will help leverage and continue the 3D printing technology efforts HP has made during the pandemic, and it will be interesting to see what the company does moving forward. Overall, we expect to see continued growth in the 3D printing and additive manufacturing space.
While 3D Systems has grown by acquisition over the course of the last few years and has a diverse product offering, revenues (and profitability) haven’t followed that same trajectory. It looks to us like Graves will be focused on transformation and streamlining offerings and delivering on earnings and profitability in the process.