iNM Volume 9 | Page 33

DISRUPTIVE INNOVATION PAGE 27 Now that we know what disruptive innovation is let s start by giving some examples , ’ . 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 , . ; . . ’ . ’ ’ . 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 , , ’ ( $ . ) , . ( ) . , , , , . GET MY