The price naturally depends on the product size, material, complexity and level of detail you need.
The most expensive if you are into heavy-duty manufacturing would, therefore, set you back a cool $2,500,000 for the Imprimere’s Model 2156.
Application in the world
Since its uptake in as far back as 2010, a lot of the products already in use are manufactured using 3D printing. You will find its application mostly in the medical and dental industry and used for custom prosthetics, implants, and dental aids.
They are used to manufacture of high-level sporting gear – tailored to fit athletes perfectly. There is then, of course, the ability for you to ‘print’ fashion accessories.
This would give you more flexibility when it comes to your specific style, colour and fabric/material.
Some of the advantages of using these machines include:
Speed: You can upload complex designs from a CAD model and print in a matter of hours.
You have more design freedom. It gives you complete customization of designs.
It is more eco-friendly: Additive manufacturing methods use only the material needed to build a part. The raw materials can be recycled and re-used.
Costs: compared to traditional manufacturing, the labour costs for a 3D printer are almost zero.
For a more comprehensive comparison of 3D Printers available to you (hopefully not to build weapons), look at the 3D Printing index on the resources page.
We count on our intelligence to survive. Your IQ level or Emotional Intelligence (EQ) can help you with strategy and sharpen your life-skills. This goes some way in preventing the same fate as Dodo!
On a more serious level, intelligence means gaining the upper hand in mostly military warfare. It is like going into war to win against the enemy.
Employing tactics by institutions such as the CIA, KGB, MI5 and Interpol etc would help you anticipate the next action to take to mitigate costs (casualties).
Likewise, in the business environment, it is a crucial requirement to be strategic for the business’ survival.
It is no surprise, in today’s technological advancements, that there are tools available to draw up business plans, and predict events affecting its operations. This is conveniently referred to as Business Intelligence (BI).
The purpose of BI
The function of a business intelligence tool is to mainly assist with forecasting. After all, if you aren’t selling anything like a ‘for-profit’ business – you are out of business!
Using a good business intelligence tool can help accelerate and improve decision-making. It also helps with optimizing internal business processes, increasing productivity and efficiency.
This, in turn, helps generate more revenue with the same resources and can provide a significant competitive advantage over your competitors. BI tools can also help companies identify market trends and spot business problems that need serious attention.
Business intelligence is a technology-driven process for analysing data. It presents actionable information to help executives, managers and other corporate end users make informed business decisions.
There are a few BI tools out there, but the most usable and compatible ones are what you should be looking for. Compatibility is critical because to use these tools you need to analyse raw data!
Most people use MS Excel to store large (or small) transactions and datasets for sales, stock and other accounting-related reports. This data will need to be imported or accessed directly by the tool to generate real-time graphs, forecasts and reports.
A good BI tool should make accessing and processing such raw data a breeze.
As a business intelligence tool user, the one that makes the most sense to use is a Microsoft-based tool called Power BI. This is the one we recommend. It also comes free with a subscription to Office 365 Proplus package (latest Office apps), for as little as 12 USD per month.
That means you can dive in straight from MS Excel without having to add-on or pay for another subscription to a third-party software.
Sharing and publishing data easily. It is convenient to have an arsenal of data and professionally created graphs and reports. However, without the ability to inform others about the outcomes, it would be futile.
Fortunately, the real-time sharing functionality allows for you and all your stakeholders to ‘get the 411’ on trends and forecasts.