About a month ago I spent a few days in Boston at PTC’s LiveWorx 2015 event. It was an eye opener for me and a brief look into the future of PTC with its growing emphasis and dependence on the Internet of Things (IoT).
Beyond the technologies and business strategies presented, what struck me was the relatively young crowd attending with relatively young PTC PR people pushing the IoT platform. Sold out with over 2,300 attendees (up from ~350 in 2014), the draw was similar or maybe more than this year’s PTC Live Global user event. Although Creo and Windchill were certainly present at LiveWorx, they took a back seat to IoT offerings, such as ThingWorx, Axeda, and others.
So what does IoT really mean? I don’t know either because it’s evolving so rapidly and all participating vendors define it so that it accommodates what they offer best. In other words, until standards are established, the definition continues to evolve. I will admit, however, that PTC currently has a leg up on virtually all of the competition for IoT in its traditional design, engineering, and manufacturing space.
A standard definition is in the works, however, and IoT generally refers to uniquely identifiable objects and their virtual representations in an Internet-like structure. The term Internet of Things was proposed by Kevin Ashton in 1999, although the concept has been discussed since 1991, so it’s not exactly brand new.
According to PTC, the Internet of Things has the potential to create trillions of dollars of new economic value in the coming decade. To capture this value, manufacturers will rely on new applications that enable the creation of smart, connected products, thus PTC’s interest and commitment, as shown in the brief video below.
PTC’s Vision for Smart, Connected Products (more…)
An independent consulting firm and industry source that we know quite well, Wohlers Associates, Inc., recently released the Wohlers Report 2015, the company’s annual detailed analysis of additive manufacturing (AM) and 3D printing worldwide. According to the Report, in 2014, interest in 3D printing reached an unprecedented level and exceeded the $4 billion milestone. The phenomenal attention to AM began in 2012, was sudden, and has continued to proliferate since then.
Wohlers Associates is widely recognized as the leading consulting firm and foremost authority on additive manufacturing and 3D printing. This annual publication has served as the undisputed industry-leading report on the subject for two decades. Over the 20 years of its publication, many have referred to the report as the “bible” of additive manufacturing (AM) and 3D printing—terms that are used interchangeably by the company (and industry).
Wohlers Report 2015
As it has from the beginning, Wohlers Report 2015 covers virtually every aspect of additive manufacturing, including its history, applications, underlying technologies, processes, manufacturers, and materials. It documents significant developments that have occurred in the past year, R&D and collaboration activities in government, academia, industry, and summarizes the worldwide state of the industry. This edition marks the Report’s 20th consecutive year of publication
The market for additive manufacturing, consisting of all AM products and services worldwide, grew at a compound annual growth rate (CAGR) of 35.2% to $4.1 billion in 2014, according to Wohlers Report 2015. The industry expanded by more than $1 billion in 2014, with 49 manufacturers producing and selling industrial-grade AM machines. The CAGR over the past three years (2012–2014) was 33.8%.
We’ve been in Long Beach, California all week at SME’s RAPID 2015 conference and exhibition. If you want to learn what’s new exciting in things 3D, this is the place to be. Hardware and software vendors, service providers, distributors and resellers, and educational institutions all showcase new offerings in 3D printing, scanning, and additive and subtractive manufacturing.
RAPID is an interesting mix of industry experts, pundits, users, and people just curious about this fascinating 3D world that continues to grow at an exponential rate. This year about 4,000 attended RAPID with almost 200 exhibitors
RAPID is about the most recent developments in the field, as well as what may be coming in the future. A number of technologies, techniques, and innovations are discussed during technical sessions, but this year, we found among the most interesting topics to be 3D bioprinting and 3D printing in space.
The first morning’s keynote was made by Jason Dunn, CTO of Made In Space, who talked on the topic of “Bringing Additive Manufacturing to Space.” The company was founded in 2010 with the goal of enabling humanity’s future in space. It has developed additive manufacturing (AM) technology specifically for use in the space environment (no easy task). By manufacturing space assets in space, as opposed to launching them from Earth, the company is attempting to accelerate and broaden space development while also providing unprecedented access for people on Earth to use in-space capabilities (the ultimate goal of a business model to monetize its cash outlay in space on earth).
We’re heading to Long Beach, California next week to participate in one of SME’s marquee events — RAPID 2015.
I’ll be at the conference all week taking in the keynotes, new hardware and software products and service announcements, as well as sitting in on a few technical sessions.
This is an especially pivotal year in the evolution of 3D printing as it strives to get to the next level with higher quality parts, lower cost materials, and greater presence in manufacturing direct part production.
I’ll be hitting the floor running early Tuesday morning and will be Tweeting throughout the event, as well as posting blogs at the end of each day.
If you’re going to RAPID 2015 in Long Beach, feel free to contact me at 719.221.1867 or email@example.com and let’s meet up for discussing the latest technologies, trends, rumors, etc.
Last week at LiveWorx 2015, PTC made several major product and strategic announcements around the Internet of Things (IoT) and their implications for the future of PTC. A couple of the most prominent of these product announcements were ThingWorx 6.0 and ThingWorx Converge.
Before being acquired by PTC about 18 months ago, ThingWorx realized that making IoT a reality required an ecosystem of complementary technologies that enable “things” to be created, connected, operated, and serviced. With the ecosystem established, applications that capitalize on the data these “things” generate can be developed.
According to Russ Fadal, President & General Manager, ThingWorx, a PTC business, it’s estimated that in 2010 there were approximately 7 billion connected smart devices in the world. That number is expected to be in the neighborhood of 1 trillion by 2035. That’s explosive growth, to say the least!
He said that today IoT is challenged because 80% of resources are dedicated to infrastructure and 20% for applications, and he would like to see those percentages reversed. Other issues that he, PTC, and the IoT industry as a whole are trying to resolve include security, predictable performance, 10X+ faster production and implementation, and what to do with the mountains of data generated by IoT devices. Security is especially important because it is not an event, but an ongoing process that will never go away. No small concerns here, therefore the evolution of the platform ecosystem — ThingWorx.
As exciting as the 3D printing/additive manufacturing (AM) space has been the past several, especially the last couple, its unbridled enthusiasm and expectations couldn’t be expected to go on forever, and they’re not. Stratasys reported less than anticipated financials for Q1 2015.
All was not doom and gloom for Stratasys, however, as the financials also include the following:
Announced that Stratasys AM technologies were selected by Airbus for producing 3D printed flight parts for use in the first-of-type A350 XWB aircraft.
Announced organizational changes, including the creation of the Stratasys Strategic Consulting Division to help support customer development.
Completed the organizational integration of Solid Concepts, Harvest Technologies and RedEye Services to form Stratasys Direct Manufacturing (SDM).
Initiated a reorganization within MakerBot. This involved a sizable layoff of MakerBot employees and the closing of MakerBot retail stores. This reorganization was done to make MakerBot a better “fit” within Stratasys.
The company sold 7,536 3D printing and additive manufacturing systems during the quarter.
Stratasys Presents a 3D Printed Aircraft Interior at EuroMold 2014
Fred Fischer, Director of PolyJet and FDM Applications at Stratasys, presents an aircraft interior 3D printed using a unique combination additive manufacturing technologies. The presentation was filmed at Stratasys’ aerospace-themed booth at EuroMold 2014 in Frankfurt.
So, you think that the Internet of Things (IoT) is a fad? Based on my experience at PTC’s LiveWorx 2015 in Boston this week, IoT is a big part of the future, not only for PTC, but for all of us.
Still not convinced? Just the attendance figures alone from this year over last might help convince you – LiveWorx 2014 (~350 attendees); LiveWorx 2015 (>2,300 attendees). Numbers don’t lie and that shows the growing interest in IoT.
Because of the amount of material covered in just a couple of days, and the major implications surrounding IoT and PTC, I’ll be writing about some the major (and some minor) technology and business announcements, as well as how this all fits together and might shape PTC’s strategy going forward, including:
The benefits and advantages of IoT from PTC’s perspective
Problematic IoT concerns that persist, including security and safety
PTC’s partnership with ServiceMax for connected field service management
PTC’s ThingWorx Converge as an IoT integration hub
The ColdLight acquisition for handling big data and predictive analytics
The ThingWorx Marketplace that has apps and related tools for IoT
We’re in Boston’s Back Bay this week for PTC’s LiveWorx 2015 conference on the Internet of Things (IoT).
This event is a new one for us and one that largely foretells the future direction of PTC.
If you’re here, let’s talk. This is all brand new to me, and I’m on an educational mission. I’d like to hear your opinions on what’s good, what’s bad, and what might potentially be scary, as well as game-changing in this new foray for PTC.
I’ve been around design and engineering for many years. Well, you might say that I’ve been “around the block.” I can accept that, but I also have realized for a long time, that to remain relevant, I have had to continuously re-educate myself through various channels to reinvent myself.
Just last autumn I took a computational physics course (Optics) at the University of Colorado Denver as background for a book I am in the process of writing on 3D scanning. To say it was a challenge is an understatement, and I had to dust off my old college math books, but I got a lot out of it and look forward to future college-level courses. Disclosure: I audited the course and did not receive a grade, but felt I kept up with the class, and missed only two classes during the 16 week semester.
We just left Scottsdale, Arizona after a great weekend at the annual Congress on the Future of Engineering Software (COFES) event.
Over the years I’ve attended probably 8-10 of these unique events, and they have all been a bit different, but I have always come away with new insights and perspectives on engineering software.
The keynotes are always thought provoking and the roundtable discussions and general conversations are stimulating, because they often provide food for thought and questions for further investigation rather than just simple answers.
This year’s theme was “Taking a Step Back To See the Big Picture.” As engineers and software professionals we are good at focusing on the thing at hand – the design challenge; the need for a new tool; our competitive situation. However, rarely do we consider the bigger world in which these issues reside.This year, COFES took a giant step backwards for broadening our view. In other words, to think about thinking about the bigger picture. The nature of our work requires that we spend the majority of our time getting things done, tightly focused on executing our tasks and plans. And while we do that, we are continuously faced with choices, big and small, along the way. Too often, we make decisions in the narrow context of what we have in front of us, unless some outside force pushes a broader context into our consciousness.