Econolyst Will Join the Stratasys Services Group and Form the Foundation for Stratasys Strategic Consulting Division to Help Customers Develop Additive Manufacturing Vision & Strategies
Stratasys Ltd. (NASDAQ: SSYS), a global leader of 3D Printing and Additive Manufacturing solutions, today announced that the team at Econolyst, a top Additive Manufacturing and 3D Printing consultancy and research firm, will join Stratasys Services Group. Econolyst's highly skilled team, led by Dr. Phil Reeves, a 20-year industry veteran in the Additive Manufacturing space, will form the foundation of the new Stratasys Strategic Consulting Division. This Division will complement Stratasys' other Services offerings, which are designed to help customers build their Additive Manufacturing vision and strategy, support implementation and optimize 3D Printing workflows. Stratasys expects the addition of Econolyst to help organizations better understand the value of Additive Manufacturing, increasing adoption over time.
Econolyst offers a broad range of strategic consulting services and support for Additive Manufacturing adoption, education and innovation to a diverse set of global clients. For more than a decade, Econolyst has been helping businesses around the world understand the strategic economic, business, social and environmental benefits of Additive Manufacturing. As part of Stratasys, the Strategic Consulting Division will strengthen the breadth and depth of Stratasys' Services expertise and capabilities. The Strategic Consulting Division will provide independent, expert consulting around Additive Manufacturing strategy development, ideation and innovation and implementation planning across technologies and solutions. Importantly, it will remain technology agnostic.
The Stratasys Services Group is led by Hanoch Magid, Executive Vice President, Services and Materials. The Group includes:
The newly founded Strategic Consulting Division to be led by Dr. Reeves;
The Professional Services Division that helps customers optimize their Additive Manufacturing workflows and identify disruptive onsite opportunities; and
The Customer Support Division that provides support, maintenance and training to existing customers.
"We believe that Additive Manufacturing technology is poised to enter a new phase of increased adoption in a broad range of industries, disrupting traditional manufacturing processes," said David Reis, Chief Executive Officer of Stratasys. "Expanding our services offering is a key pillar of our investment plan to capitalize on this opportunity. Stratasys has the unique ability to provide organizations with a broad range of Additive Manufacturing technologies and solutions, coupled with our in-depth process specific expertise. The addition of Dr. Reeves, a thought leader in the industry, and his team will further strengthen Stratasys' services capabilities, and we are excited to welcome them to Stratasys."
www.stratasys.com
