Scribd
Upload
155 views13 pages

Lecture 16 Part 2 Business Opportunities and Future Directions

1. Additive manufacturing (AM) combined with Web 2.0 enables new business opportunities called "digipreneurship" or "Factory 2.0". 2. Digipreneurship allows for distributed conceptualization, design, and creation of physical products anywhere in the world with lower costs compared to conventional manufacturing. 3. The success of digipreneurship depends on further development of advanced information and communication technologies to make AM more accessible, as well as lowering costs and improving the capabilities of AM equipment and materials.

Uploaded by

shanur begulaji
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
155 views13 pages

Lecture 16 Part 2 Business Opportunities and Future Directions

1. Additive manufacturing (AM) combined with Web 2.0 enables new business opportunities called "digipreneurship" or "Factory 2.0". 2. Digipreneurship allows for distributed conceptualization, design, and creation of physical products anywhere in the world with lower costs compared to conventional manufacturing. 3. The success of digipreneurship depends on further development of advanced information and communication technologies to make AM more accessible, as well as lowering costs and improving the capabilities of AM equipment and materials.

Uploaded by

shanur begulaji
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
You are on page 1/ 13

Chapter 16

Part 2: Business Opportunities and


Future Directions
Contents

1. Introduction – Business Opportunity


2. New type of product – Business Opportunity
3. New type of Employment – Business Opportunity
4. Digiproneurship – Business Opportunity
5. Summary – Business Opportunity
1 . Introduction – Business Opportunity for AM

Conventional Manufacturing Additive Manufacturing


Enterprises
1 Principle: Principle:
(a) Centralize Product development (a) Distributed Product conceptualization
(b) Centralize Production (b) Distributed creation
(c) Centralize Distribution (c) Distributed propagation

2 Process is centralized occur in very Process is distributed occur in many


few locations ==== Reason – to locations ==== Reason – Web 2.0 (second
reduce the resources, labors, or generation of internet) helps in
overhead cost. propagation of product ideas and
component designs.
3 Off-shore production chances are Off-shore production chances are less ==
high. resource costs are not a major proportion
of total costs.
4 Energy consumption is higher = Energy consumption is lower=
• Resource cost – people, energy, • Resource cost – people, energy, etc.
etc. • Shipping cost
• Shipping cost
Conventional Manufacturing Additive Manufacturing
Enterprises
5 Employment == Employment ==
disproportionately/high • Proportional employment
underemployment and/or • Employment is not vulnerable
unemployment • to off-shoring resource
• Costs are not a major proportion of
total costs.
• Important Definitions

1. Web 1.0 vs. Web 2.0

Web 1.0 Web 2.0


The first generation of the Internet The second generation of the Internet
Users can not Interact with the owner Users can interact with and transform
web content.
E.g. static pages – where user can only E.g. Facebook, Ebay, etc.
read the information

2. Advantages of Web 2.0 to AM industry

• It helps to collect product ideas from ordinary people from diverse locations.
• perfect for the propagation of product ideas and component designs that can
be created through AM.
3. Digital Entrepreneurship

• Distributed conceptualization + propagation of digital content

4. DigiProNeurship = Web 2.0 + AM industry = Factory 2.0

• Distributed conceptualization + propagation + creation of physical


products
2 . New type of Product – Business Opportunity for AM

• AM + Web 2.0 is giving us various advantages.

1. Person-specific/location-specific and/or event-specific products to be created much


more quickly and at much lower cost.
2. The consumption of non - value adding resources can be radically reduced. (Table
18.1)
3. Further, the amount of factory equipment needed and, therefore, factory space
needed is reduced.
4. Production at point-of-demand.
5. From a business-strategies standpoint, AM technologies are becoming faster,
cheaper, safer, more reliable, and environmentally friendly.
6. Opportunities exist for individuals (e.g., at home); B2B (Business to Business); and
B2C (Business to Consumer).
3 . New type of Employment – Business Opportunity for AM

What kind of employment AM is creating?

1. In distributed models, design can take place anywhere in the world,


and production can take place anywhere else in the world.
2. There is distributed opportunity for various jobs.
3. Regions of persistent unemployment could be reduced.
4. the jobs generated by digiproneurship are resistant to concentration
and out-sourcing.
5. The labor cost component of web 2.0 + AM products is relatively low.
4 . Digiproneurship – Business Opportunity for AM

1. Entrepreneurship - individuals starting new enterprises through the


introduction of new ideas.

2. Digital entrepreneurship - Distributed conceptualization and propagation of


digital content (no production of part)

3. Digiproneurship - represents the next logical step, i.e. creation of physical


good
Advantages of Digiproneurship:

1. Reduce the risks traditionally associated with entrepreneurship.


2. Reduces the need for costly conventional market research.
3. Eliminate the need for physical distribution facilities such as large warehouses.
4. Eliminate many of the uncertainties and up-front expenses

1. Freedom of Creation
2. Figure Prints

• For creation of World of


Warcraft figures

3. Shapeways

• Designs, services, and


products
Further development required in Web 2.0/Advanced information and
communication technology so that non-expert can take advantages of
it.

Further development required in AM in =


1. Lower-cost equipment and materials
2. Minimizing post-processing of products
3. Diversification of machine sizes, speeds and accuracies
5 . Summary

1. AM + WEB 2.0 (Factory 2.0) == Digiproneueship


2. It offers various advantages : costly market research, large ware
house, labour cost, etc.
3. Success of Digipronoeuship depends on: innovative combinations of
aICT and AM.
4. Future will be Factory 2.0 will see the move from static factories to
dynamic and shareable creation.
Thank You!

You might also like