DISRUPTIVE
INNOVATION
PAGE 27
Now that we know what disruptive innovation is
let s start by giving some examples
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3D PRINTING
3D printing technology is expected to bring
revolutionary changes in manufacturing sector
therefore there is a huge market available for the
3D printing material There are some printers
that are able to handle multiple materials at the
same time to print the 3D objects this makes
manufacturing process much more easy as
compare to conventional methods as CNC
which would soon be replaced As soon as the
cost or 3D printers and materials lowers and
goes below a certain threshold the market will
pour into the manufacturing sector replacing
age old methods Let s take an example South
Africa s expanding 3D printing market has
numerous examples of the 3D printing industry s
potential
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In fact since 2014 the country s public sector
has invested around 358 million Rand about
24 5 million USD in 3D printing technology
research and development a number that is
likely to increase in the near future The South
African Department of Science and Technology
DST has committed R30 7 million towards
additive manufacturing research and programs
which are focused on titanium medical
implants aerospace components polymer 3D
printing and design
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GET MY