3-d print applications in product development fairfield university conference 2-20-2009

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3-D Print Applications in Product Development Fairfield University Conference 2-20-2009

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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 OverviewBusiness 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

Automotive & Industrial

Selected Customers

Sample Models

Cost of error

TimeDesign/Concept Mass Production

First runs/ prototypes

High risk for any company!

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

“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.

Apple’s Jonathan Ive {Radical Craft 2006]

Time flies… And flies... And flies

Release late and/or

compromised design

Where is the Profit Opportunity?

•Save $5K on model expense? (Old School)

•Save $50K in total development cost? (New)

•Earn $500K with a better product in less time! (New)

Design CycleInnovate,review,

Share models

Discover “Issues”

Release optimized

designon time!

Design CycleInnovate, MODEL,

review, repeat

New School

Use modelsto INNOVATE

and solve problems in real

time.

Must havecapabilities in-house.

Old School

Use modelsto CONFIRM

designs.

(Out-sourceis OK).

How Prototype Models are used in New Product Development Processes

Share models discover “Issues”

REPEAT Process (if time allows?)

Place orderfor

Model

ModelModel

Model Model

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%

Forecast Results using 3D Print(Using company supplied data):

$1,340K

Sample Results

+$600K

+$520K

+$120K

+$100KSavings - warranty costs

Savings - ECOs after release

Savings – development hours

Products to market 2-3 months sooner

Per Year!

Objet can help you find out!

Ben Arnold781-806-5012

[email protected]

How does this apply to you?