Home / / HP set to enter 3D printing sector

HP set to enter 3D printing sector

CEO Whitman promises shareholders an announcement within weeks

HP set to enter 3D printing sector
Whitman believes most 3D-printing business will be found ‘in the enterprise space’.

HP is set to outline plans for entry into the 3D printer market, saying it had resolved a number of technical issues that had hampered any serious offerings, Reuters reported.

Chief executive Meg Whitman this week promised shareholders a "big technology announcement" within weeks regarding the rapidly growing niche sector.

Whitman cited problems with the durability of finished procucts stemming from the quality of the substrate materials used in the “printing” process.

"We actually think we've solved these problems," Whitman told an annual shareholders meeting, predicting that most 3D-printing business would be found “in the enterprise space", where the devices could be used to create rapid prototypes.

HP has estimated that global sales of 3D printers and supporting software and services will grow to nearly $11bn by 2021 from $2.2bn in 2012.

Follow us to get the most comprehensive IT solutions delivered fresh from our social media accounts on Facebook, Twitter, Youtube, and listen to our Weekly Podcast. Click here to sign up for our weekly newsletter on curated technology news in the Middle East and Worldwide.

REGISTER NOW | Webinar Event | Security you can bank on – Safeguarding the Middle East’s financial sector

Presented in partnership with security and network specialist Cybereason, the second in the three part webinar series will bring together a panel of experts to discuss how banks and financial institutions are evolving their service offering while simultaneously staying one step ahead of the cyber criminals who seek to bring their operations crashing to the ground.