Headquartered in Estero, Florida and founded in 2013, Changing Technologies (OTCBB: CHGT) is taking advantage of niche industries in 3D printing and wearable technologies, providing products designed to improve business productivity as well as health and fitness monitoring. What is most unique about this company is that it seems their idea is to combine the technologies.
“With Apple set to launch its much-anticipated wearable tech watch in early 2015 and 3D printing quickly working its way into the mainstream, these two cutting-edge tech niches are still in their infancy but imagine the growth if you combined them. The possibilities would be endless,” Omar Durham (CEO) said. “Together, 3D printing and wearable technology – 3D printed wearable tech – is a combination that could easily elevate a market past its projected 2018 valuation of $5.8 billion. CHGT is excited to see where 3D printing can take a niche like wearable technology, which is on the precipice of massive growth.”
When thinking of this, it is difficult not to contemplate the possibility of being able to edge in on both industries since manufacturing wearable devices by means of 3D Printing has not yet been done, or at least has not yet become mainstream.
Looking at inching into an industry with so many established leaders could pose a challenge, but what shows strong leadership to overcome this was the executive participation in the Stratasys 2014 Roadshow in Denver, CO. One move to the future is their subsidiary, 6th Dimension Technologies’ Interactive On-Demand 3D Printing Retail Sales Portal. “Stratasys has a proven model for success in this industry, and we feel applying the state-of-the-art concepts from the Roadshow will enhance the innovations we plan to provide consumers through our portal,” CHGT CEO Omar T. Durham said.
Success seems like it is on the horizon for Changing Technologies as it barrels down the road of innovation. Just look at their stock performance the last few days.
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