Inkjet Wholesale News aims to provide updates on the latest significant occurrences in the field of printing. Whether it’s the launch of a new technology or volatility of market prices, we’ll be here to give you the lowdown on what happened, when it happened, and what it means!
HP Jet Fusion 3D Printing Solution to Be the First Production Ready 3D Printing System in the World
3D printing is, indeed, the wave of the future. If you won’t believe your own eyes i.e. seeing countless viral articles and reports on 3D printing, then you have to believe the statistics. The reasons for such a massive growth rate in the 3D printing market is obvious – multitude of practical applications even for the common man. If you’re wondering about 3D printing in general, then we suggest you look at this guide on 3D printers we’ve created just for this purpose.
If people like us are noticing the trends in 3D printing, you can rest assured that the big Original Equipment Manufacturers (OEMs) are seeing them too. The perfect example of this is HP Inc. We reported earlier that HP Inc. is planning to enter the 3D printing market and will be sending out the first shipments on the same by the end of this year.
Keeping with its plan, the OEM has recently launched HP Jet Fusion 3D Printing Solution. The company is touting this solution as the first production ready 3D printing system in the history of mankind. HP Inc.’s intention to disrupt the existing manufacturing and prototyping industry through innovative additive manufacturing solutions is already well known.
In fact, industry experts claim that HP Inc. is actually relying on its foray into 3D printing being successful to turn around financial restrictions it inherited through the HP split. Besides, it makes sense for Dion Weisler to rely on innovation as the foundation of his new company’s future since that is what HP was established on in the first place.
HP Jet Fusion 3D Printing Solution is all set to provide the impetus that HP Inc. needs too, especially since its performance is much better than all the other 3D printing solutions available in the market currently. For instance, according to the OEM, HP Jet Fusion 3D Printing Solution is not only 10 times faster than all other options in the market but also twice as much economical.
How does the HP Jet Fusion 3D Printing Solution achieve such marked improvement over its competing solutions? It does so by printing at the voxel level. This is where the innovation lies in the HP Jet Fusion 3D Printing Solution because printing functional parts at the voxel level has never been done before.
As to what a voxel is, it is just the equivalent metric of what pixel is in 2D printing. Essentially, a voxel is a pixel with volume because it has the third dimension. It can be seen as the smallest relevant value of a 3D printed object. Typically, a voxel will contain “volumetric information” that will make it possible for a product with the “desired properties” to exist.
Coming back to the overall picture, the HP Jet Fusion 3D Printing Solution is designed for 3D print service bureaus and model shops. There are two 3D printing systems being offered under this solution. These are the HP Jet Fusion 3D 3200 printer and the HP Jet Fusion 3D 4200 printer. Regardless of which option is chosen, the HP Jet Fusion 3D Printing Solution will consist of a processing station, a software suite, and materials for printing. The processing station comes with specialised fast cooling.
There are a number of benefits that such organisations can reap from the HP Jet Fusion 3D Printing Solution. For instance, the HP Jet Fusion 3D Printing Solution makes radical prototyping more efficient by simplifying the entire workflow. More importantly, it does so while significantly reducing the cost of production making the final manufactured parts more financially viable for specific projects. The OEM also claims that the quality of parts printed with their HP Jet Fusion 3D Printing Solution is superior to everything else in the market.
While the new HP Jet Fusion 3D Printing Solution was developed by HP Inc. after years of research, it hasn’t done so without external help and collaborations. For instance, other well-known organisations that have contributed to the development of this production ready 3D printing system include Protolabs, Autodesk, Shapeways, Materialise, Siemens, Jabil, Johnson & Johnson, BMW, and Nike.
HP Inc. will also be launching a 3D material app store to encourage innovation around its HP Jet Fusion 3D Printing Solution. This app store is in line with the open platform vision that the company had announce in 2014. The purpose of the app store is to promote said innovation through the open platform system. In simple words, this type of innovation will make it easier for HP Inc.’s solution to be able to handle more materials in the future.
Orders for the HP Jet Fusion 3D Printing Solution can be placed directly with HP Inc. at the following link.
Brother’s FY2015 Net Income Shows a Decline Of 42.5%
Brother has released the financial results for the last financial year i.e. FY2015. While the OEM’s financial results do hold some scope for positivity, they largely correlate to the trend of declining profitability of the printing industry. This is evidenced by the fact that the OEM reported a slight increase in its sales figures but marked drops in its operating income and net income numbers.
In FY2015, Brother reported an improvement of about four percent in its net sales as the numbers went from 707.2 billion yen in FY2014 to 745.9 billion yen in the last fiscal. In contrast, the net income of the company dropped by a massive 42.5 percent which meant that they dropped from 54 billion yen in FY2014 to only 31 billion yen in FY2015.
The operating income numbers went in the same direction as the company’s net income but showed less of a drop. Brother’s operating income in FY2015 was 57.5 billion yen, while in FY2014 it was 47.3 billion yen, which amounts to a decline of 17.8 percent. The company’s profits in FY2015 dropped off by 5.7 percent to reach 48.6 billion yen from 51.6 billion yen in FY2014.
According to the OEM, the primary driver of these numbers is the consolidation of a new company known as Domino. Brother’s sales figures represent record highs primarily because of Domino. However, the profits and income numbers also declined because of expenses furthered toward the consolidation of Domino.
The biggest culprit behind Brother’s numbers is Machinery & Solution, a business segment which showed the maximum reduction in operating margins at 36.1 percent. With respect the OEM’s Printing & Solutions and Personal & Home, the decline in operating margins was 4.3 percent and 1.7 percent respectively.
In FY2016, Brother expects its sales figures to reach the 750 billion yen mark and its operating income to be 60 billion yen.