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Technology Stocks : Investing in Exponential Growth

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From: Paul H. Christiansen	11/11/2016 11:59:59 PM
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UPS pact gives companies access to large-scale 3D printing and virtual warehousing UPS, along with partners SAP and Fast Radius, a Georgia-based manufacturer, have launched an effort to bring 3D printing full steam into the world of scaled industrial production. It could be a game changer in the fast-growing 3D printing industry. "Much like eCommerce digitized and transformed retail, 3D Printing will have a similar impact on manufacturing," UPS Vice President, Strategy Alan Amling told Business Insider. "The 3D printing industry is expected to grow from $5 billion in 2015 to $21 billion in 2021," Amling added, citing a study from Wohlers Assoc. "Estimates vary widely, but all expect exponential growth. If 3D Printing captures just 5% of manufacturing it creates a $640 billion plus global market opportunity." businessinsider.com

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