In the following video, 3D printing specialist Steve Heller interviews Fred Fischer, director of fused deposition modeling and PolyJet applications at Stratasys (NASDAQ:SSYS), about the company's newest 3D printing products. It showcased them at last month's EuroMold, the world's largest 3D printing conference, held each year in Frankfurt, Germany. During the segment, Fischer also sheds light on what EuroMold means for Stratasys, as well as the importance of creating 3D printers that offer higher throughput.
Stratasys investors should expect that the company will continue creating products and services that fulfill its core value of "changing people's lives by revolutionizing the way things are made."
A full transcript follows the video.
Steve Heller: Steve Heller here. I'm joined today with Fred Fischer. He's the director of Fused Deposition Modeling and PolyJet applications at Stratasys. Thank you so much for being with us today, Fred.
Let's talk about EuroMold. Obviously, this is the conference where everything happens. How do you feel about this year's EuroMold, and what were some of the most surprising things that you've seen this year?
Fred Fischer: EuroMold for us represents one of the most important trade shows and events in our industry per year.
Every year I think one of the things that we're both proud of and impressed and slightly surprised about is really the overall turnout, the amount of attention that additive manufacturing is getting in comparison to all of the other technologies and items that are on display at EuroMold.
This year represents yet another step-function change in the amount of people and I'll say overall interest in our industry.
To me, if I had to say what's -- maybe it's surprising, but it's yet a continuation of a trend that we've seen before -- are the amount of prospects, or the amount of market that comes to us that already understands 3D printing to some extent, but maybe they don't understand all of the details and all the full capabilities.
That's really what we're here to help them understand, is how we can help them apply additive manufacturing and have a meaningful impact on their business, today.
Heller: Your CEO, David Reis, said 70% of your products are being turned over. That's an incredible figure, so I was wondering if you could walk me through some of those new product releases and what this all means for the future of Stratasys.
Fischer: Sure, no problem. Our core value at Stratasys is we believe that we're changing people's lives by revolutionizing the way things are made. All of our [3D printing] products in our portfolio, both our systems and materials, are really aimed at making that happen.
The new products that we've shown both here at EuroMold and we'll show through the coming 2015 year, are really aimed at maximizing the width and the amplitude in which we do that to the marketplace, helping us accelerate our ability to change people's lives or change how profoundly we do that, both from a personal and a business perspective.
On display here today are the products that we've launched. We've launched both the Eden 30 Prime system, which brings an unparalleled versatility at a desktop price point, so a very broad spectrum of our most high-value and utilized materials in our PolyJet portfolio, brought to the marketplace at a desktop price point.
[And] the Connex line -- the Connex technology or the unique ability to jet simultaneously three different materials together in a single part -- that technology, which we've launched previously, now we've really dramatically expanded that to a total of nine different products: three products in our Connex 260 chassis category, three in the 350, and three in the 500 category.
Why that's important to the marketplace is it enables higher accessibility or easier accessibility to that Connex capability, to a much broader segment in the marketplace. We've made it more affordable, but also given a wider range of capabilities to the marketplace.
In addition to that, we've also expanded our FDM [fused deposition modeling] portfolio, or FDM product line. Today, here in Europe, we're announcing the launch of the Fortus 380 and the Fortus 450. Both are products that are aimed at expanding or extending our reach into the manufacturing space and into the high-requirements prototyping space.
We've increased the system throughput up to 20%. We've also very much focused on the reliability of the output of those systems, making them much more dependable for both prototyping applications, but also specifically for manufacturing applications.
Last and absolutely not least is increasing the ease of use, or making it easier for the entire engineering or design team to utilize and access the printer, versus let's say a specialized or trained operator.
Heller: Talk me through, really quick: Obviously higher throughput is a good thing -- faster is better, everyone says. But the nuances behind the scenes, for people that maybe aren't as familiar with the technology: Why is higher throughput so important?
Fischer: There's a variety of reasons why throughput is important. On the design side of the application space, we believe that faster throughput enables more iterations in the design. The more iterations a designer can make on their design, we believe, and have proven, results in an improved product, just like anything else in life.
That's really the primary reason in the design space, is speed equals more iterations, more iterations equals an improved product.
On the manufacturing side, speed also has an implication on the overall cost of the end product itself.
When our customers are calculating the cost to produce a part, generally they're calculating not only the cost of the material, but they're also depreciating or amortizing the cost of the printer in that model, so the faster they can produce a part, the less amortization cost in the model. This helps us reduce the overall cost of the model, and thus enables us to be used in more prototyping, but also specifically in more manufacturing-related applications as well.
On the surface, it is about getting parts faster, but there are more profound impacts the business has as a result of increased throughput.
Steve Heller has no position in any stocks mentioned. The Motley Fool recommends and owns shares of Apple 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.