{"id":779599,"date":"2023-08-23T08:57:16","date_gmt":"2023-08-23T12:57:16","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/shapeways-advances-digital-manufacturing-through-generative-ai\/"},"modified":"2023-08-23T08:57:16","modified_gmt":"2023-08-23T12:57:16","slug":"shapeways-advances-digital-manufacturing-through-generative-ai","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shapeways-advances-digital-manufacturing-through-generative-ai\/","title":{"rendered":"Shapeways Advances Digital Manufacturing through Generative AI"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Shapeways Advances Digital Manufacturing through Generative AI<\/b><\/p>\n<p class=\"bwalignc\"><b>AI-Enabled Core Tech Platform Optimizes Efficiency and Productivity<\/b><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.shapeways.com%2F&amp;esheet=53543777&amp;newsitemid=20230823725568&amp;lan=en-US&amp;anchor=Shapeways+Holdings%2C+Inc.&amp;index=1&amp;md5=e9f100374f6dc82f6182ea2763c11592\">Shapeways Holdings, Inc.<\/a> (NASDAQ: SHPW), a global leader in digital manufacturing, is adopting generative artificial intelligence (AI) and machine learning (ML) to enhance digital manufacturing workflows powered by Shapeways\u2019 MFG software platform and core technology. The focus on AI enhances order accuracy and service quoting. This advanced technology also creates robust user profiles to help manufacturer clients tailor offerings, and provides a 3D modeling service combining generative AI models with Shapeways\u2019 proprietary technology.<\/p>\n<p>\n\u201cShapeways sits on a wealth of data and technology that we can securely analyze to build AI tools that will offer improved efficiencies and productivity for our customers and users,\u201d said Greg Kress, CEO for Shapeways. \u201cShapeways is focused on transforming the future of manufacturing, and we believe that AI and machine learning will help us to further accelerate what we are already doing.\u201d<\/p>\n<p>\nAccording to <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.marketsandmarkets.com%2FMarket-Reports%2Fartificial-intelligence-manufacturing-market-72679105.html&amp;esheet=53543777&amp;newsitemid=20230823725568&amp;lan=en-US&amp;anchor=MarketsandMarkets+Research&amp;index=2&amp;md5=964adc8bb5d56c2a0be34d9db532b543\">MarketsandMarkets Research<\/a>, AI in manufacturing is projected to reach USD $16.3 billion by 2027, growing at a CAGR of 48% from 2022 to 2027. The directional shift toward AI is more than just a technological advancement for Shapeways and its software offerings:<\/p>\n<p>\n\u201cWe\u2019re combining generative AI models and libraries sourced from industry leaders such as Hugging Face and OpenAI, with Shapeways\u2019 proprietary 3D model processing technology,\u201d said Ajay Raina, Senior Vice President of Technology for Shapeways. \u201cThis fusion of technologies enables an innovative, prompt-driven 3D model generator and printing service that we are scaling using Amazon SageMaker.\u201d<\/p>\n<p>\nShapeways\u2019 use of an ML service has already resulted in significant optimization of its Amazon Web Services cloud expenditure. The company is also working to harness broader AI technologies to elevate the quality of both buyer and supplier experiences through its MFG.com platform. This suite of AI services should lead to powerful tools that will further the digitization and marketability of manufacturers on the MFG.com marketplace, resulting in more revenue opportunities, higher profitability, and operational efficiencies. Additionally, on the buy side of the MFG.com marketplace, these tools will empower companies to build more robust RFQs, optimize jobs through enhanced 3D modeling, and achieve faster time to market.<\/p>\n<p>\nThis transformative strategy reflects a solid focus on future-ready manufacturing and quality, firmly rooted in decades of industry experience.<\/p>\n<p><b>About Shapeways<\/b><\/p>\n<p>\nShapeways is a global leader in digital manufacturing, combining additive and traditional technologies with proprietary software solutions designed for other manufacturers and their customers, reducing costs, and improving supply chains. Partnering with hundreds of companies engaged in industrial applications like automotive, medical, and transportation, as well as aerospace and defense, Shapeways helps them scale their businesses, solve complex problems in product development, and achieve critical manufacturing milestones.<\/p>\n<p>\nWith access to a dozen additive technologies, six conventional manufacturing methods, and hundreds of materials and finishes, Shapeways ensures production of quality parts with the right technologies, at the right time, and at the right cost.<\/p>\n<p>\nWith ISO 9001-compliant manufacturing facilities in Livonia and Charlotte, Michigan, and Eindhoven, the Netherlands, Shapeways operates globally and has delivered more than 24 million parts to more than 1 million customers in more than 180 countries. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.shapeways.com&amp;esheet=53543777&amp;newsitemid=20230823725568&amp;lan=en-US&amp;anchor=www.shapeways.com&amp;index=3&amp;md5=931bda8c4fd9d95ecad1b50158013d30\">www.shapeways.com<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230823725568r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230823725568\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230823725568\/en\/<\/a><\/span><\/p>\n<p>\nInvestor Relations<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:investors@shapeways.com\">investors@shapeways.com<br \/>\n<\/a><\/p>\n<p>Media Relations<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:press@shapeways.com\">press@shapeways.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America New York<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Data Management Technology Manufacturing Other Technology Software Other Manufacturing Artificial Intelligence<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230823725568\/en\/1873089\/3\/Shapeways.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Shapeways Advances Digital Manufacturing through Generative AI AI-Enabled Core Tech Platform Optimizes Efficiency and Productivity NEW YORK&#8211;(BUSINESS WIRE)&#8211;Shapeways Holdings, Inc. (NASDAQ: SHPW), a global leader in digital manufacturing, is adopting generative artificial intelligence (AI) and machine learning (ML) to enhance digital manufacturing workflows powered by Shapeways\u2019 MFG software platform and core technology. The focus on AI enhances order accuracy and service quoting. This advanced technology also creates robust user profiles to help manufacturer clients tailor offerings, and provides a 3D modeling service combining generative AI models with Shapeways\u2019 proprietary technology. \u201cShapeways sits on a wealth of data and technology that we can securely analyze to build AI tools that will offer improved efficiencies and productivity for our customers and users,\u201d &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shapeways-advances-digital-manufacturing-through-generative-ai\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Shapeways Advances Digital Manufacturing through Generative AI&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-779599","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Shapeways Advances Digital Manufacturing through Generative AI - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shapeways-advances-digital-manufacturing-through-generative-ai\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shapeways Advances Digital Manufacturing through Generative AI - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Shapeways Advances Digital Manufacturing through Generative AI AI-Enabled Core Tech Platform Optimizes Efficiency and Productivity NEW YORK&#8211;(BUSINESS WIRE)&#8211;Shapeways Holdings, Inc. (NASDAQ: SHPW), a global leader in digital manufacturing, is adopting generative artificial intelligence (AI) and machine learning (ML) to enhance digital manufacturing workflows powered by Shapeways\u2019 MFG software platform and core technology. The focus on AI enhances order accuracy and service quoting. This advanced technology also creates robust user profiles to help manufacturer clients tailor offerings, and provides a 3D modeling service combining generative AI models with Shapeways\u2019 proprietary technology. \u201cShapeways sits on a wealth of data and technology that we can securely analyze to build AI tools that will offer improved efficiencies and productivity for our customers and users,\u201d &hellip; Continue reading &quot;Shapeways Advances Digital Manufacturing through Generative AI&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/shapeways-advances-digital-manufacturing-through-generative-ai\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-23T12:57:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230823725568r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shapeways-advances-digital-manufacturing-through-generative-ai\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shapeways-advances-digital-manufacturing-through-generative-ai\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Shapeways Advances Digital Manufacturing through Generative AI\",\"datePublished\":\"2023-08-23T12:57:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shapeways-advances-digital-manufacturing-through-generative-ai\\\/\"},\"wordCount\":577,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shapeways-advances-digital-manufacturing-through-generative-ai\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20230823725568r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shapeways-advances-digital-manufacturing-through-generative-ai\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shapeways-advances-digital-manufacturing-through-generative-ai\\\/\",\"name\":\"Shapeways Advances Digital Manufacturing through Generative AI - 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