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While all of these costs can (and will) fluctuate based on your specific product design needs; These estimates are provided to help give you an idea on how much each stage in the product development process will cost, so that you and your team can plan accordingly.

#3DI #StartupConnector #engineering #productdesign
Underestimating the costs of product development is a pitfall many entrepreneurs make. Don't let this one mistake derail your startup.
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This Q&A session with our President & Chief 3D Officer, Collin Kobayashi, shines light on the #prototyping process. He answers many of those initial questions you have when you begin down the product development path.

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Time-to-market and increasingly unique customer requirements are driving up adoption of #3DPrinting in product development and production.

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71.1% of manufacturers have currently adopted 3D Printing. 52% of manufacturers expect 3D Printing will be used for high-volume production in the next 3-5 years. 22% of manufacturers predict 3D Printing will have a disruptive effect on supply chains. Global spending on printers was predicted to reach $11B in 2015 and forecast to [...]
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The #AdditiveManufacturing industry grew by $1+ Billion for the second consecutive year. (Impressive growth!)

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More than 278,000 desktop 3D printers (under $5,000) were sold worldwide last year, according to Wohlers Associates, publishers of the annual Wohlers Report. The report has a chart to illustrate and it looks like the proverbial hockey stick that you hear venture capitalists talk about: Growth that moves rapidly from [...]
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Internet and mobile leads the pack for VC-backed deals, however consumer (hardware) products did make the list.

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Technology has always been ahead of the pack when it comes to VC-backed deals. But does that mean they are getting more funding? Not necessarily.
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Fantastic piece on #3Dprinting from the Harvard Business Review...

"3D printing is poised to redefine global manufacturing and distribution. It could upend supply chains, business models, customer relationships, and even entrepreneurship itself."

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What does the Fourth Industrial Revolution mean for #engineering? Engineers must streamline the way they design, develop and produce new products and services.

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Manufacturers that want to retain their competitive advantage in the Fourth Industrial Revolution will increase production flexibility, automate logistics and deploy smart machines and smart products along the manufacturing value chain.
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#Startups can learn a lot from IKEA... "Hardware startups continuously struggle with two things: sales and supply chain management. Practically speaking, this means startups must get really good at efficiently moving the right amount of stuff around the world at exactly the right time so customers can purchase it."

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Hardware startups continuously struggle with two things: sales and supply chain management. Practically speaking, this m…
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The annual Wohlers Report has really become the gold standard for computing growth, analyzing trends, and forecasting the future of the industry. If you are interested in learning more about the #AdditiveManufacturing industry this report is a great place to start.

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True... "If you're not working on your best idea right now, you're doing it wrong."

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Prepare to be inspired!

If you are a hardware #entrepreneur I’m betting you could probably use a little inspiration. I mean, everyone knows that hardware is hard, right?

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If you are a hardware entrepreneur I'm betting you could probably use a little inspiration. I mean, everyone knows that hardware is really hard, right? So
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YES! "Life is short. Build stuff that matters."

#3DI #engineering #startups #makers
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Have them in circles
598 people
Felipe Montero's profile photo
Devon Y's profile photo
FuzeHub's profile photo
Raymond Handling Concepts's profile photo
Mohamed Elgendy's profile photo
Chris Williams's profile photo
樱空释's profile photo
Advanced Design Concepts, Inc.'s profile photo
Trumper Ava's profile photo
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2800 Woodlawn Drive, Suite 101 Honolulu, HI 96822 Hours: 8:00am - 5:00pm Monday - Friday
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A Full Service Product Development & 3D Printing Firm
Introduction
3D Innovations specializes in Product Development solutions, from Engineering/Design, 3D CAD, 2D to 3D conversion, 3D Printing/Rapid Prototyping, and Manufacturing services.
 
3D Academy, a Division of 3D Innovations provides 3D CAD and technology based training programs for Educational institutions.
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