TECH - Shapeways Enables and Empowers Small to Midsized Manufacturers Through Digitization | Benzinga
Greg Kress, the CEO of Shapeways Holdings, Inc. (NASDAQ: SHPW), recently appeared on the Let’s Talk Supply Chain podcast. During the discussion, Kress highlighted the gaps in the digitization of the manufacturing industry and explained Shapeways’ role in addressing these challenges.
As a leader in the field of digital manufacturing, Shapeways continues to redefine the global manufacturing industry by providing on-demand manufacturing and simplifying complex production processes through proprietary software. The company is helping small and midsized manufacturers do this by providing access to Shapeways’ proprietary software and supporting them in digitizing their operations, growing revenue and expanding manufacturing capabilities.
"Small and midsized manufacturers are enabling incredible amounts of innovation in the US,” said Kress. "They are driving the manufacturing industry—and the amount of available work out there is enormous. Our goal is to enable them to be really successful.”
Kress compares his business model to what Toast (NYSE: TOST) did for the restaurant industry. Toast is a cloud-based restaurant management software that has essentially brought much of the restaurant industry into the 21st century. Shapeways is using that inspiration to provide small and midsized manufacturing companies with the resources they need to succeed and expand.
"Previously no one had access to industrial grade ...