According to MakerBot CEO Jonathan Jaglom, the education and professional markets are two areas where MakerBot already has a sizable footprint. In a call withFortune, he listed the company’s strengths: Deploying MakerBot printers in more than 5,000 schools nationwide; selling the units in more than 500 retail stores (Home Depot, Sam’s Club, et cetera); and placing them with big-name clients like Lockheed Martin LMT -1.22% , where engineering teams use the printers for initial concept design.
“MakerBot initially addressed the right market—basically the makers, the tinkerers, the DIYs—but as MakerBot grew so did the audience space, and so then the education came in and the professional came in, and that today is becoming a much wider audience than the consumer,” Jaglom told Fortune. “[The consumer market] is there; we have people that own printers at home. It’s not a negligible community, but it’s not as big as we initially perceived.”
The May 11 Q1 2015 earnings call for Stratasys bears this out. While overall first-quarter revenues increased by 14 percent to $172.7 million compared to the $151.2 million from Q1 2014, a press release outlining the Stratasys’ first-quarter growth noted it was lower than expected. Regarding MakerBot specifically, first-quarter product and service revenue in 2015 was 18 percent lower compared to Q1 of 2014. Furthermore, overall unit sales for Stratasys products “was impacted by lower than expected MakerBot unit sales,” said Stratasys CFO and COO Erez Simha during the call.
8-6-2021 (August 6, 2021) is the Snakiest day of the year and it’s also this year’s CircuitPython Day! The day highlights all things CircuitPython and Python on Hardware. See you there!
Stop breadboarding and soldering – start making immediately! Adafruit’s Circuit Playground is jam-packed with LEDs, sensors, buttons, alligator clip pads and more. Build projects with Circuit Playground in a few minutes with the drag-and-drop MakeCode programming site, learn computer science using the CS Discoveries class on code.org, jump into CircuitPython to learn Python and hardware together, TinyGO, or even use the Arduino IDE. Circuit Playground Express is the newest and best Circuit Playground board, with support for CircuitPython, MakeCode, and Arduino. It has a powerful processor, 10 NeoPixels, mini speaker, InfraRed receive and transmit, two buttons, a switch, 14 alligator clip pads, and lots of sensors: capacitive touch, IR proximity, temperature, light, motion and sound. A whole wide world of electronics and coding is waiting for you, and it fits in the palm of your hand.
Have an amazing project to share? The Electronics Show and Tell is every Wednesday at 7pm ET! To join, head over to YouTube and check out the show’s live chat – we’ll post the link there.
Join us every Wednesday night at 8pm ET for Ask an Engineer!
Maker Business — Over 500,000 manufacturing jobs are going unfilled
Wearables — Stop the sweat
Electronics — Hummm… 60Hz noise in your amplifier driving you nuts?
Python for Microcontrollers — Python on Microcontrollers Newsletter: EuroPython 2021, CircuitPython 7.0.0 alpha 5 and more! #Python #Adafruit #CircuitPython @micropython @ThePSF
Adafruit IoT Monthly — Smart Agriculture, an E-Ink Newspaper, and more!
Microsoft MakeCode — MakeCode for the micro:bit - 2021 Release!
EYE on NPI — Maxim’s Himalaya uSLIC Step-Down Power Module #EyeOnNPI @maximintegrated @digikey
New Products – Adafruit Industries – Makers, hackers, artists, designers and engineers! — NEW PRODUCTS – Silicone Keycap Molds – MX Compatible Switches
No comments yet.
Sorry, the comment form is closed at this time.