EOS Announces Expansion Plans in Asia-Pacific
Electro Optical Systems (EOS), one of the leading technology supplier in the field of industrial 3D printing of metals and polymers, has announced its expansion plans in Asia-Pacific as part of the company’s bid to meet strong demand for the additive manufacturing (AM) sector in the region. EOS has also announced three recent leadership appointments in Asia-Pacific region to expand its regional footprint. The changes in leadership and expansion in APAC is part of EOS’s policies to capitalize on widespread industrial 3D printing adoption in the region, especially Japan, China and Singapore. In the year ahead, EOS plans to expand its India team and office space, as well as explore further developments to its consulting offerings with Additive Minds.
Dr. Adrian Keppler, CEO and Speaker of the Corporate Management at EOS GmbH, has said that Industry 4.0 has brought about tremendous opportunities for AM and great traction for the adoption of AM in Asia-Pacific. “We are already seeing demands from our customers in industries such as aerospace, automotive, medical and fast-moving consumer goods, where excellence in technical precision and structural engineering are paramount. Hence, we are extremely excited to expand our global footprint, especially in Asia-Pacific, and to broaden our leadership team to tap on this market demand,” said Keppler.
Advancements in additive manufacturing will continue to drive rapid adoption for the technology in the Asia Pacific region. By Q3 2018, the AM market is forecasted to reach more than USD3.7 billion globally, and more than USD15.7 billion by Q3 2025. In Asia-Pacific, CAGR is expected to reach 18.6 percent, with China capturing over 70 percent of the market share. In order to help businesses in building up their AM capabilities, EOS has entered into a partnership with Japan’s NTT Data Engineering Systems Corporation (NDES). Based in Yokohama, EOS and NDES will provide further expanded sales, maintenance engineering and consulting services for AM in the country.
Terrence Oh, Senior Vice President (Asia-Pacific), EOS GmbH, has said that Japan is poised to benefit the most from the rise of advanced manufacturing and smart factories, according to the World Economic Forum’s ‘Readiness for the Future of Production Report 2018’. EOS in Japan currently has three employees and the company will be partnering key customers to offer ‘Additive Minds’ to increase businesses’ competitive edge in defining and developing AM applications. “The country has been highly regarded as one of the leaders in technological advancements in APAC, and it has been observed that the demand for industrial 3D printing in Japan’s manufacturing and medical sectors is substantially rising. Thus, this is an opportune time to enter the market and offer our expertise to bridge any gaps as AM continues to develop rapidly in Japan,” said Terrence.
According to the World Economic Forum, Singapore is another country that is well-positioned to benefit from advanced manufacturing. Aligning with Singapore’s Smart Nation initiatives for the manufacturing sector, EOS has expanded its Singapore team to provide adequate resources to meet customers’ needs and requirements. EOS Singapore has also relocated to a new office space and technical centre in April 2017. The new space is triple in size of its previous location and can house more systems and technologies to support customers of various industries with their AM needs. Similarly, in China, EOS has expanded its team from four to 32 employees since its establishment in 2013, focusing on enabling organizations strengthen their innovation capability and key technologies.
As part of widening its business in the region EOS has made some recent leadership appointments. EOS has appointed Jack Wu in November 2017 as the Sales Director of Asia-Pacific. Based in Singapore, Jack oversees the sales function and take on a key role to boost EOS’ customer portfolio for the region in key markets – Singapore, China, India, South Korea and Japan. Jack was formerly the General Manager for Greater China in EOS since 2010, where he was pivotal in setting up EOS China’s branch and operations in Shanghai.
Along with Wu’s appointment, Ye Jiyuan has joined EOS as General Manager for Greater China in November 2017, based in Shanghai. Jiyuan, a tech industry veteran of more than 15 years, has extensive experience in product design, simulation and smart manufacturing. Before joining EOS, Jiyuan has held management roles in ZXLearning.COM, LMS International and Altair Engineering.
In Japan, EOS has appointed Yasuaki Hashizume as General Manager to head its Japan office and oversee business operations in the country. Yasuaki has more than 12 years of experience in the AM industry. Before joining EOS, he was the General Manager of NTT Data Engineering Systems Corporation (NDES), where he played a key role in contributing to NDES’ involvement in developing Japan’s AM market.
Terrence Oh, Senior Vice President (Asia-Pacific), EOS GmbH, has added that EOS’s APAC customers were gradually transforming their businesses for the fourth industrial revolution and the company wants to help accelerate that process by contributing more to their AM strategy and production. “We also want to be there at every stage of the journey, from helping them set up their in-house AM capabilities to enabling them to deliver high quality products within a shorter time span or having eco-friendly spare parts produced. Through our in-house consultancy unit, Additive Minds, we hope to further strengthen our customers’ AM value proposition and ensure that they are at the forefront of implementing advanced technologies,” he said.