EOS announces leadership movements and expansions in Asia-Pacific
Changes in leadership and expansion in APAC to capitalize on widespread industrial 3D printing adoption in the region
Singapore, February 9, 2018 – EOS, the world's leading technology supplier in the field of industrial 3D printing of metals and polymers, announced three recent leadership appointments in Asia-Pacific as well as expansion of its regional footprint as part of the company's bid to meet strong demand for the additive manufacturing (AM) sector.
Dr. Adrian Keppler, CEO and Speaker of the Corporate Management at EOS GmbH, says: “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."
New Leadership Appointments
Effectively November 2017, Jack Wu was appointed 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.
With Wu's appointment, Ye Jiyuan joins 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 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) at EOS GmbH, added: “Our APAC customers are gradually transforming their businesses for the fourth industrial revolution and we want 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."
Team Growth and Office Expansions
Advancements in AM will continue to drive rapid adoption for the technology in the 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 2025¹. In Asia-Pacific, CAGR is expected to reach 18.6 percent, with China capturing over 70 percent of the market share².
To help businesses build up their AM capabilities, EOS has brought its expertise and offerings to Japan through a partnership with 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. 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.
“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'. 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 Oh.
According to the World Economic Forum, Singapore is one other 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 also relocated to a new office space and technical center 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.
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.
EOS is the world's leading technology supplier in the field of industrial 3D printing of metals and polymers. Formed in 1989, the independent company is pioneer and innovator for comprehensive solutions in additive manufacturing. Its product portfolio of EOS systems, materials, and process parameters gives customers crucial competitive advantages in terms of product quality and the long-term economic sustainability of their manufacturing processes. Furthermore, customers benefit from deep technical expertise in global service, applications engineering and consultancy.
EOS GmbH Electro Optical Systems
Marketing Manager, Asia Pacific
Tel.: +65 6430 0550
¹SmarTech Markets Publishing. January 2018.
²Frost & Sullivan: Global Additive Manufacturing Market, Forecast to 2025. May 2016.