Stratasys Ltd Overview
Company Headquarters: US
Founded: 1998
Workforce: ~2,250
Company Working: Stratasys Ltd (Stratasys) is a provider of three dimensional (3D) printing and additive manufacturing solutions used in the processes of designing and manufacturing products and for the direct manufacturing of end parts. The company offers systems like desktop 3D printers for idea and design development, various systems for rapid prototyping, and large production systems for direct digital manufacturing. It also develops, manufactures and sells materials for use with its systems and provides related service offerings to its customers. The company serves various sectors, including aerospace, healthcare, automotive, consumer electronics and education. The company’s solutions are industry-specific and geared towards accelerating business processes, optimizing value chains and driving business performance improvements. Its customers range from individuals and smaller businesses to large, global enterprises. The company has presence in Americas, Europe, Asia-Pacific, and the Middle East and Africa.
Strategy
As part of the growth strategy, Stratasys continues to seek to acquire or to make investments in other businesses, patents, technologies, products, or services. The company intends to invest in the identification of new applications, especially direct digital marketing (DDM) applications, for which its proprietary printing technologies and materials are appropriate. In addition, the company seeks relevant niche applications where additive manufacturing can provide substantial value and develop a comprehensive solution. The company intends to reach new customers and increase sales to existing customers by providing access to new solutions that address customers’ specific needs. Additionally, the company is striving to significantly expand its online presence and leverage its sales channel to the broader public. Stratasys always tries to focus on customers’ business requirements and seeks to create new value for its customers across their product lifecycle processes, from design prototypes to manufacturing tools and final production parts.
