When it comes to new technology, development usually proceeds incrementally. But progress continues to be made on many fronts. Here is a look at some critical new technologies, and how the ARC Advisory Group assesses their maturity.
3D Printing of Spare Parts
The opportunity to use 3D printing – more accurately labeled “additive manufacturing” – to print spare parts is widely recognized. In ARC’s conversations with industry insiders, we have come across many companies that have beta projects and are printing a small number of parts, but no company that is doing this at scale. There are a number of challenges associated with scaling additive manufacturing in the supply chain. However, the challenges are not insurmountable. New cloud-based solutions are very promising.