3D Systems restructures software and metal Additive Manufacturing
Summary
As a key aspect of the restructuring initiative, the company will consolidate the engineering and manufacturing of its metal AM machines to reduce cycle time on new product introductions and increase operational efficiencies. Software is an essential element of the company’s future growth strategy, and over the past year, the company has merged its portfolio of Additive Manufacturing applications with the Oqton Manufacturing Operating System organisation, creating an integrated end-to-end software suite under a unified management structure. “These restructuring efforts are an extension of the work we began in late-2020 to streamline our operational footprint and better leverage our company scale in Additive Manufacturing,” stated Dr Jeffrey Graves, 3D Systems’ president and CEO. “Over the last year, we have made significant progress through the focusing of our development activities and by selectively insourcing the manufacture of our high-complexity, high-value 3D polymer printers. Moving forward, we will continue to implement improvement plans to meet our goal of being the leading, most successful Additive Manufacturing company in the world.”
Classifications
AskAI Classifications
LabelsLinked Companies
