Market Analysis for 3D Printer

Market Analysis for 3D Printer Market Analysis Target Market 3-D printing is the process of creating three-dimensional solid objects from digital models. Our 3D printer specializes in manufacturing circuit motherboards and chips. In general all technology-based industries are our target market. Our prime target market is computer companies like Apple, Dell, HP, Toshiba, etc. and Smart phone companies like Blackberry, Samsung, Apple, Nokia, LG, etc. Hence there is a wide market demand for 3D printers due to its unique features. Motherboards and circuit chips are essential for the design of most technology-based instruments. Industries designing and involved in systems engineering of these instruments acquire them from various companies. Foxconn, Gigabyte Technology, Gumstix, IBM and Intel are some of the market leaders in the motherboard and Integrated circuit chips manufacturing business. Support services The circuit models to be printed generally need to be in a format supported by the printer. Formats such as layouts from AWR design environment and Simulink are currently the two formats being supported by the printer. The two are the most popular design environments for contemporary engineers. The design engineers of the customer company will be provided will all the necessary support. Support will be provided in the following ways: Training sessions for design engineers to convert to supported circuit layout format Training on general maintenance of printer Free layout conversion support for the first six months for for formats different from AWR and Simulink Provide specialized design engineers for companies Market growth 3D printers are quite novel. The current businesses based on 3D printing have blossomed, such as Shapeways. They have uploaded around 100, 000 new products for printing every month in 2013. http://www.shapeways.com/blog/archives/2394-2013-shapeways-3d-printing-year-in-review.html The growth of the use of 3D printing can also be noted from exponential upward increase in number of 3D printable items in Thingiverse, which is an open-source design repository. Figure 1 is the outcome of the analysis achieved by a partnership of the Economist and IBM Figure 1: Growth of open-source design repositories http://on3dprinting.com/tag/industry/ The statistics discussed above clearly portray the rapid growth in use of 3D printers in general. Market Trend Many major companies currently are using 3D printers. Some of them include Boeing, Ford, Nike, General electric and Cochlear. Boeing for example uses them for making airline parts. The 787 Dreamliner has around 30 3D printed parts. http://www.techrepublic.com/article/3d-printing-10-companies-using-it-in-ground-breaking-ways/ These examples portray the trend in shifting to 3D printing instead of traditional manufacturing techniques. Due to the rapid development in 3D printing, the technology is expected to mature in the coming years into a cost effective approach for electronics industry. Market evolution As it can be seen from the market trend section, many companies are now using 3D printers for manufacturing. The market is expected to evolve dramatically if the cost of mass production can be somehow reduced. Some of 3D printers advantages: It will be faster and cheaper than the usual prototyping methods. Its Greater ability to customize products. It will be able to perform at uni-stage process, which saves the cost of tools. It will help in producing motherboards and circuit chips which more easily than traditional methods of manufacturing them. Competitor reaction The metals 3-D printing space: 3D Systems Corp., ExOne Co., and Arcam:Some companies which use 3-D printing systems that can print in metals are 3D Systems Corp, ExOne and Arcam. ExOne offers sytems which will be able to print in metals, sand, glass. Companies like this will be able to produce 3D printed motherboards and circuit chips when they see our product, since they are already capable in producing in metals. High completion between these companies will cause the cost of the 3D circuit chips and motherboards to fall. Since Smart phones and computers will benefit highly from the 3D motherboards and circuit chips, Smart phone and computer companies might even subsidies companies producing 3D circuit chips and motherboards. Business plan template:http://www.business.gov.au/Howtoguides/Thinkingofstartingabusiness/Whatplanningtoolscanhelpme/Pages/Businessplanguidesandtemplates.aspx Marketing Plan Product Our product is a novel 3d printing technology that prints Motherboards and Integrated circuits. Next dimension’s 3d printers can be used for manufacturing and also prototyping. Design engineers can simulate the circuit models and generate circuit layouts. These layouts can then be used to print out the circuit directly. The printed circuits can be used tested for different required specifications. Pricing strategy The pricing strategy involved thorough analysis of the present 3D printer market. Although our product is a novel 3D printer, we strive to offer the best value for money for our printer. Potential competitors such as Stratasys have printers ranging from $15, 000 to $75, 000. Production printers provided by them are $50, 000 and above. Our printers will cost $42, 000 and provide the exceptional novel technology of printing Integrated Circuit chips and Motherboards. http://www.stratasys.com/resources/~/media/970DE4A9F3134110817C731796C5CA5E.pdf Advertising promotional strategy Planned promotion /advertising type Expected business improvement Cost ($) Online Advertising Online advertising allows more customers worldwide to know about the product compared to traditional advertising. Internet advertising is ideal for businesses with a national or international target market and large-scale distribution capabilities It is more cost effective and less time consuming. 5000 Print media advertising Newspapers and magazines are abundant in supply and these will create greater exposure and better and frequent advertisement. Compared to other media advertisements, print ads are less intrusive. Passive processes such as listening to radio and watching television may or may not compel attention. Whereas a person makes a concious decision to engage to the images and words of a newspaper 15000 Mail out It is highly measureable which helps companies to measure the result of advertising campaigns. It is more tangible than other forms of advertising. 4000 Social media campaign It is the most cost effective way to promote a brand or a product and spread its advertisement through the internet or media. The amount of information that can be provided is much greater than in any other form of communication. One of the defining characteristics of socal media advertising is interactivity. We will have official accounts on Twitter, Google+, Facebook, youtube and our own forum for consultation. We aim to monitor social networks and answer customer queries. This will also allow us to have an understanding of our state in the market. Information and analyses from these networks will be sent to our management team so that we can improve our services continually. NA Sales distribution channels Channel type Percentage of sales (%) Advantages Disadvantages Internet 75 Greater degree of freedom for customers. Supplier saves time and cost of distribution of their products. They are also able to interact in a massively growing market. Automatic marketing sales and delivery makes the marketing a lot easier and quicker. Online sales also allow instant feedback on new changes. The marketing costs are relatively lower and better targeting. Promotional strategies can be specifically aimed at potential customers. The internet allows impersonal interaction between seller and the buyer since not enough communication. Online fraud can happen which means loss of money for both the consumer and the producer. When the website goes down, company loses out on payment transactions which means less profit for the company. It is not always easy to have a team of staff who are efficient enough to manage the website. Wholesale 15 Since products are bought in bulk and at a cheaper rate there is higher profit margin. It requires a large amount of money buying wholesale products. Since manufacturers require minimum order quantity in order for you to take advantage of the wholesale price, you need to shell out a large amount of capital. Shop front 10 (initially) We will start off with a store in Sydney and keep expanding. 3D printing concept is still quite new and allowing our customer to have a first hand experience of how the process works will do wonders. Design engineers will be present from time to time to also conduct talks on the layout generation process. The cost side of this attempt is a drawback. We do not expect to generate enough sales through this channel to make it profitable initially. However we believe that starting up a business with a shop front will be profitable in the long run.

India- a Growing Country

India- A growing country India is growing forward day by day. New methods of science and technology have been introduced since years†¦. Many of the new techniques have been introduced in the field of agriculture†¦ so India has been growing economically forward†¦ great majority of people use science in their day to day life for many purposes†¦ Overall in my point of view the science and technology is improving†¦ Science is the human endeavor to discover truths about the world around us. Scientists seek out answers through observation and experimentation.As we discover more and more, we are able to apply what we've learned to develop new technologies and to improve everyday life. But perhaps more importantly, as we gain knowledge through science, we are able to begin satisfying our deep-felt need to know more about ourselves. The word â€Å"science† comes through the Old French, and is derived in turn from the Latin scientia, â€Å"knowledge†, the nominal form of the verb scire, â€Å"to know†. The Proto-Indo-European (PIE) root that yields scire is *skei-, meaning to â€Å"cut, separate, or discern†. Similarly, the Greek word for science is ‘ ‘, deriving from the verb ‘ , ‘to know'. From the Middle Ages to the Enlightenment, science or scientia meant any systematic recorded knowledge. Science therefore had the same sort of very broad meaning that philosophy had at that time. In other languages, including French, Spanish, Portuguese, and Italian, the word corresponding to science also carries this meaning. Technolgy make life more convinient It is used in every house for work . because any house work depend upon this It is used in hospitals in many operation to save people life Organisation,office to communicate ,make wrk up to date with speed and reliability. hrough they can interact ,make presentation. Does modern technolgy make life more convenient,or was life bette when technolgy was simpler? Life was simpler and better before technology . however before technology ,any single work need a lot of time to do and there is no security and reliability in this and it is difficult to lead without technology. after advent of technology ,it ease the work and create more reliability and everything done very easily . before technology we have to communicate one person to another person who live another city ,it take days to†¦

My Risky Adventure

My Risky Adventure For my topic, I chose to write about my most recent risky adventure. Two summers ago, my Spanish teacher put together an educational field trip to Costa Rica. We saw new things that we have never seen before. We also did things that none of us had ever done before. The scenery there was breathtaking. Most of all, the overall experience was very educational. I recommend everyone to travel out of the United States if they ever get the chance to. There are things in Costa Rica that I have never seen before. I saw my first jelly fish and got stung by many jelly fish that day.We went snorkeling off the coast of Costa Rica; it was simply amazing until I felt a sting on my ankle; I looked down and there it was a jelly fish. I will never forget that day. Costa Rica is also crowded by many volcanoes. I had never seen a volcano in person until we visited Costa Rica. The forest there is completely different also: it is much greener. Everything there is green, not like a deep forest green, but a bright, live green. It was beautiful. The trees there are huge, not only in length but also in width. Even the flowers are different there: they are all colors of the rainbow.The colors are more vivid and smell so much sweeter than the flowers back home. There are things that I also have never done before until I visited Costa Rica. First of all, I have never traveled outside of the United States. I discovered the officials of are very strict on how they allow things through customs. One of the most exciting things we did while there was riding a zip line, a zip line is where you start at the very top of something and rides it all the way down while being hooked in a harness. We went on a zip line through the tropical forest, from the canopies all the way down to the very bottom.There was wildlife all around us; we were going so fast everything looked like it was being fast-forward. All of the colors ran together, mostly it looked like a green blur. Also along th e zip line we saw monkeys, birds, and other exotic animals. I also went to my first club. It wasn’t what I expected by no means, it was most of a fiesta type party. We learned how to salsa and do other types of traditional dances there. Another fun thing we did was jump off a cliff by a water fall. It was not only the funniest thing I have ever done in my life but also the scariest.The water was so cold it felt like I was surrounded by a million ice cubes. The scenery there is just amazing. Everything is so colorful, from the green tropical forest to the bright vivid color flowers. There is every color of the rainbow, and there are flowers of every color imaginable. The ocean there is a bright crystal blue, the type of blue you can only imagine. In the far end of town you can see a line of mountains and volcanoes. The colors all work together, from the brightest of colors to dullest of the ashy grey mountains. The beauty is breath-taking but so is the poverty.Everywhere you w alked there were people on the side of the road. Not only were there humanbeings without a home and food but also animals. The last thing I am going to talk about from my experience is that it was very educational. I took Spanish for two years and I finally had the chance to actually use what I learned in class. We had to order everything in Spanish. Our tour guide made us speak to him in Spanish even though he spoke English. We learned a lot about what their lifestyles consisted of: how they prepared a meal, how they danced, and how they lived.When you go from the way you have been living your whole life to a completely different country, it makes you open your eyes to what you actually have and how lucky you do have it. In Costa Rica it really opened the world up to me: there are people out there lucky to just get one meal a day, while here we usually just throw our scraps away. I saw people digging out of the dumpster so that they could just get that one meal that day. It is very educational when you leave a place wanting to change the world and make it a better place.In conclusion, Costa Rica is the most risky adventure that I have ever taken inmy life. I was taken outside of my comfort zone and placed into a whole different world. Everything I knew here in America was nothing alike in Costa Rica. The things that I saw and the things that I have accomplished just because I decided to take a risky adventure out of the country is life changing. It made me realize just how different things are outside of our homes. I would never look back and regret going to Costa Rica. This was simply an amazing experience. If you ever get the change to go, I completely recommend it.

Leadership Style Does It Really Matter - 1858 Words

Leadership Style: Does it Really Matter? In order for a task leader to be an effective team leader, there are many facets of leadership to be considered. Certain leadership styles have been proven to be a major factor in producing an effective and successful organization. Prosperous organizations demand effective leaders because they are able to modify their leadership styles to suit any task put before them. However, the ability to be consistent with how they influence the behavior of the team proves to be one of the most important facets of maintaining an effective organization. Leadership style represents a leader’s convictions, experience and temperament in practice. Upon completion of the assessments that were taken to determine my leadership style, to assess my desire to lead and identify my strengths and weaknesses, the results were less than surprising. These assessments suggested that I am a participative leader, I am determined to be a valuable leader and my strengths and weaknesses are those shared by other participative leaders. A participative leader is defined as a style of leadership where decisions are made by involving those affected by the resolutions in the decision-making process. Participatory leaders attempt to add a sense of democracy to modern management styles which is commonly hierarchal in most organizations. This leadership style allows the leader to be an essential part of the team and assist the team with problem-solving. ParticipatoryShow MoreRelatedLeadership Self Assessment Of The Field Of Nursing Leadership1130 Words   |  5 PagesLeadership Self-Assessment In the field of nursing leadership is critical within the units and nursing practice. However, in the healthcare feel we may find ourselves interacting with different types of leaders. 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