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.
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 7:30pm 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 — Re-evaluating Amazon after its acquisition of Whole Foods
Wearables — Lacy wires
Electronics — Higher isn’t always better
Biohacking — Vitamin-C + Gelatin for Accelerated Recovery
Python for Microcontrollers — Supercharged Supercon with CircuitPython, Quoth the Raven MOAR PYTHON! #Python #Adafruit #CircuitPython #PythonHardware @circuitpython @micropython @ThePSF @Adafruit
Adafruit IoT Monthly — The S in IoT is for Security, Amazon announces Sidewalk and more!
Microsoft MakeCode — Xenomorph candy bucket and spooky workshops with MakeCode!
No comments yet.
Sorry, the comment form is closed at this time.