The company broke into and gained significant share in
the world rapid prototyping equipment market, which is dominated by
well-established companies that pose significant barriers to entry for new
vendors.
Objet Geometries has witnessed double-digit growth rates
year-on-year for the past three years and has set new benchmarks in the rapid
prototyping equipment market since the introduction of its patented and
innovative PolyJet™ technology in early 2000.
The process uses inkjet heads to create ultra-thin
layers, each of which is cured by ultraviolet light after the jetting stage.
This produces fully cured models ready for immediate use, without post-curing, which
is required by other technologies. The gel-like support material, designed to
support complex geometries, is washed away with pressurized water jets.
“Objet Geometries’ products are widely recognized for
their high quality, accuracy, speed and versatility and more importantly for
the output, which closely resembles the final product, says Frost &
Sullivan Senior Research Analyst S. Vidyasankar. “Further, the growing
acceptance of PolyJet™ technology is actually one of the factors that have
fueled market growth.
The company’s continuous efforts to enhance its
technology to reach an ever-widening range of end-users are expected to sustain its growth in the future. One of the
major reasons for Objet Geometries’ growth and success in the rapid prototyping
equipment market lies in its broad, complete and versatile product line. The
company is also one of the few participants in the market that has a range of
products that can meet any application, workflow and budget requirements of the
end-user.
Objet Geometries offers five different versions of its Eden 3-Dimensional
Printing Systems, with different price points, capabilities, tray size, build
size, and print resolution. Hence, customers can choose the system based on
their productivity and/or budget requirements. These products are used across a
wide range of end-user industries.
“Objet Geometries is continuously striving to innovate
and enhance its product line but more importantly, it is constantly adapting to
changes in the end-user industries it caters to and introduces new products at
the right time, in-tune with the market dynamics,” notes Vidyasankar.
With geographic expansion and strategic partnerships and
alliances, Objet Geometries has grown to become one of the most respected
participants in the rapid prototyping equipment market.
The company’s advanced technology and an outstanding
customer-centric focus have helped them support its customers from project
development to life cycle support.
Adina Shorr, CEO of Objet Geometries says: “We are very
proud to be the recipients of the well-respected Frost & Sullivan Award for
this year. Our customers around the world are well aware of the innovation and
value we bring them and this award brings important third-party confirmation
that Objet has much to offer the market now and even more so in the future.”
Overall, Objet Geometries is a deserving recipient of
the 2007 Frost & Sullivan Award for Growth Excellence in the world rapid
prototyping equipment market. Each year Frost & Sullivan presents this
Award to the company that has demonstrated excellence in implementing and
sustaining growth through unique growth strategies. Frost & Sullivan,
through this exhaustive selection process, seeks to identify a company that has
exhibited excellence in all its functional areas, resulting in sustained
financial growth.
Frost & Sullivan Best Practices Awards recognize
companies in a variety of regional and global markets for demonstrating
outstanding achievement and superior performance in areas such as leadership,
technological innovation, customer service, and strategic product development.
Industry analysts compare market participants and measure performance through
in-depth interviews, analysis, and extensive secondary research in order to
identify best practices in the industry.
About Objet Geometries
Objet Geometries, the photopolymer jetting pioneer,
develops, manufactures and globally markets ultra-thin-layer, high-resolution 3-dimensional
printing solutions for rapid prototyping and rapid manufacturing. The market-proven
Eden line of
systems is based on Objet’s patented office-friendly PolyJet™ technology.
Objet’s FullCure® materials create accurate, clean, smooth and highly detailed
3-dimensional models, enabling even the most complex 3-D models to be printed with
exceptionally high quality, accuracy and speed. ConneX500™, Objet’s latest
innovation, is based on Objet’s PolyJet Matrix™ technology, which offers
jetting multiple model materials simultaneously. PolyJet Matrix jets Digital
Materials™ creating composite materials that are fabricated on the fly.
Objet’s solutions enable manufactures and industrial
designers to reduce cost of product development cycles and dramatically shorten
time-to–market of new products. Objet systems are in use by world leaders in
many industries, such as automotive,
electronics, toy, consumer goods, and footwear industries in North America,
Europe, Asia, Australia and Japan. Founded
in 1998, Objet serves its growing worldwide customer base through offices in USA, Europe, China
and Hong Kong, and a global network of
distribution partners. Objet owns more than 50 patents and patent pending
inventions.
For
more information, please contact: lynn_kolevsohn@2objet.com
About Frost & Sullivan
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Consulting Company, partners with clients to accelerate their growth. The
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Contact: Stacie Kopecki
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