HP Innovation Journal Issue 11: Winter 2018 | Page 20

THE IMPACT OF 3D PRINTING 3D printing is more than just the latest technology. It will disrupt virtually every part of the global $12 trillion manufacturing industry. It will shorten supply chains, reduce carbon emissions, and eliminate production waste and inventory. It brings exponential change that will transition the workforce to higher-value fields and will deliver cost-effective, quality mass personalization for everyone, everywhere. For instance, in the field of orthotics, a high degree of customization is essential to develop products that help treat musculoskeletal abnormalities, reduce discomfort, and improve posture. Brisbane-based iOrthotics was one of the first orthotics manufacturers in the world to completely transition to 3D additive manufacturing. Using HP’s 3D printing technology enabled them to develop superior-quality products faster and with almost zero waste. As a result, iOrthotics has significantly increased its production levels and is on the way to more than doubling its reach while also exporting its products overseas. More than anywhere else in the world, Asia-Pacific offers the opportunity and the demand to make 3D printing a reality for greater impact across society. The Fourth Industrial Revolution is not a remote vision; it is here, and our region is at the center of it. 1. https://en.unesco.org/unesco_science_report/asia 2. https://www.imf.org/en/Publications/REO/APAC/Issues/2018/04/16/ areo0509 3. https://3dprintingindustry.com/news/3d-printing-next-five-years-tim- weber-global-head-3d-printing-hp-113255/ 4. https://www.imf.org/en/Publications/REO/APAC/Issues/2018/04/16/ areo0509 5. https://www.adb.org/sites/default/files/publication/28608/asia2050- executive-summary.pdf 6. https://www.weforum.org/press/2016/01/100-trillion-by-2025-the- digital-dividend-for-society-and-business/ 7. https://www.atkearney.com/operations-performance-transformation/ article?/a/3d-printing-disrupting-the-12-trillion-manufacturing-sector 18 HP Innovation Journal Issue 11