3D Systems' Oqton OS

3D Systems’ Oqton OS Breakthrough Spurs Stock Surge Following Baker Hughes Adoption

3D Systems’ Oqton Manufacturing OS Achieves Major Milestone

Today, 3D Systems (NYSE:DDD) announced a breakthrough in its Oqton Manufacturing OS. This significant milestone underscores the solution’s role in transforming ondemand additive manufacturing (AM) in regulated markets. The system integrates factoryfloor workflows, revolutionizing how products are brought to market.

Baker Hughes Integrates 3D Systems’ Oqton Manufacturing OS

Baker Hughes, a leading energy technology firm, has fully deployed 3D Systems’ Oqton Manufacturing OS at its central manufacturing facilities in Houston, Texas. The announcement has led to a notable surge in 3D Systems’ stock today.

This development marks a key moment in the commercial software agreement Baker Hughes and Oqton entered into in March 2023. It reinforces the companies’ shared vision of decentralized manufacturing. The successful implementation at Baker Hughes showcases the system’s ability to streamline design and production processes, increasing efficiency and ensuring regulatory compliance.

3D Systems’ Oqton OS Enhances Manufacturing Efficiency

Baker Hughes began utilizing Oqton Manufacturing OS and the Oqton operating system in June 2024. The integration of this system allows Baker Hughes to scale its additive manufacturing efforts without sacrificing quality or user experience. The endtoend solution facilitates efficient production scaling while minimizing support structure investments.

Key benefits of the system include:
98% Reduction in Monitoring Time: Active monitoring engineering time has decreased significantly, saving 136 engineering hours per printer annually.
Cost Savings: Scrap costs have reduced by 18% due to realtime actionable alerts during part production.
Automated Reporting: Root cause analysis has seen a 98% reduction through Oqton’s automated reporting features.

Comprehensive Features of Oqton Manufacturing OS

Oqton Manufacturing OS supports a full spectrum of manufacturing needs. The system includes:

Order Management: A customer and supplier portal for intake, capacity and demand planning, and approvals.
Engineering: 3DXpert integration for design for additive manufacturing (DfAM), build process preparation, and digital rights management.
Digital Warehousing: User access control and multifacility workflow management.
Additive ManufacturingBased MES: An advanced manufacturing execution system for operational excellence and traceability.
Production Monitoring: Analyticdriven and deep learning capabilities for realtime anomaly detection.

Executive Insights on the Deployment

Reji Puthenveetil, EVP of additive solutions and chief commercial officer at 3D Systems, commented, “We are thrilled to achieve this milestone with Baker Hughes. Oqton Manufacturing OS’ comprehensive approach to manufacturing, combined with Baker Hughes’ expertise, has proven its value in enhancing efficiencies and automation in industrial settings.”

Jim Apostolides, senior vice president of enterprise operational excellence at Baker Hughes, added, “The Manufacturing OS production software streamlines complex processes, from order requirements to quality assurance, enabling largescale industrialization without compromising quality.”

Market Impact and Future Prospects

Spherical Insights values the global manufacturing operations management software market at $16.4 billion for 2022. Analysts project it will grow to $52.7 billion by 2032.

Oqton Manufacturing OS is positioned to drive the next generation of manufacturing automation. By connecting existing applications and machines across multiple sites, the system enhances collaboration and reduces time to produce highquality, reliable components. This advancement reflects 3D Systems’ extensive experience in regulated industries, enabling manufacturers to boost efficiency and lower costs.

Chart by Trading View

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