A few months ago, I had the opportunity to speak with Steve Liguori, executive director of global innovation at General Electric (NYSE:GE). We talked about how GE uses 3-D printing in its operations and why it sees so much promise in the technology. During our conversation, Steve highlighted on one particularly interesting point that I think makes GE one of the most important companies involved with 3-D printing: GE hacks its 3-D printers.
GE will buy a top of the line 3-D printer that's capable of 3-D printing metal aviation components and will literally take the printer apart to push the technical boundaries of the device to better meet its. It'll then report back to the manufacturer what it did to the printer, which ultimately improves the technology for the entire industry. In other words, meeting customer needs is what's driving the industry forward.
In the following video, 3-D printing analyst Steve Heller tells investors why GE could easily be the most important name in 3-D printing. Going forward, watch how GE uses 3-D printing to see which 3-D printing technologies emerge as the most important.
1 must-own stock in 2014
There's a huge difference between a good stock and a stock that can make you rich. The Motley Fool's chief investment officer has selected his No. 1 stock for 2014, and it's one of those stocks that could make you rich. You can find out which stock it is in the special free report "The Motley Fool's Top Stock for 2014." Just click here to access the report and find out the name of this under-the-radar company.
Steve Heller owns shares of 3D Systems. The Motley Fool recommends 3D Systems and Stratasys. The Motley Fool owns shares of 3D Systems, General Electric Company, and Stratasys. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.