HP Innovation Journal Issue 11: Winter 2018 | Page 59

HP 3D: USHERING IN THE FOURTH INDUSTRIAL REVOLUTION Saila Balasubramanian, Marketing Planning and Operations Manager, HP HP has always been synonymous with printing as well as with reimagining the possible, so it is no surprise that the company is turning the manufacturing world on its head with 3D printing. This technology has incredible potential to redefine manufactur- ing and create products that can improve countless lives. With 3D printing, manufacturers can greatly reduce production costs and time to create anything from a screw to a replicated human organ. Items that once seemed prohibitively expensive or just plain impossible can now become reality, and be offered at reasonable cost to the people who really need them. It’s hard to see any downside to 3D printing, which already has so many humanitarian applications, but there will be an impact to suppli- ers. As with any disruptive technology, there is often a broader implication or impact than was originally intended. In this case, cheaper, more bountiful manufacturing can come at the price of companies who must close their doors because they cannot compete on cost, artisans whose craft can be easily replicated by anyone with access to a computer and printer, and laborers whose hourly cost exceeds that of new software and equipment. Increased access to printers and design software has expanded the use of 3D printing from technical applications to more artistic and artisanal arenas, allowing for mass customization rather than just commoditization. The current age of rapid innovation and growth, commonly referred to as the Fourth Industrial Revolution, in many ways re- sembles previous industrial revolutions—with new technologies bringing about improvements in efficiency and general quality of life, from the urbanization of the first revolution, to the electri- fication and mass production of the second—and finally to the digitalization of the third. It is hard to deny the positive impact technological innovation has had. EARLY CAREER TALENTS INNOVATION 57