Describes obsolescence due to rapid technological change in the additive manufacturing sector?

Describes obsolescence due to rapid technological change in the additive manufacturing sector?

• A. Stress Testing
• B. Cyber Risks
• C. Product Obsolescence
• D. Supplier Dependence

Answer: (C)

Product obsolescence is the risk that a product or its production method becomes out of date because of rapid advances in technology. In additive manufacturing, new printers, materials, and processes can emerge quickly, making older designs or capabilities less desirable or even unusable. This pushes firms to continuously upgrade designs, tooling, and manufacturing capability, and can lead to wasted investment if old offerings are no longer competitive. The other risks relate to resilience testing (stress testing), security threats (cyber risks), or relying on suppliers (supplier dependence), not the pace of technological change that makes products obsolete.

Product obsolescence is the risk that a product or its production method becomes out of date because of rapid advances in technology. In additive manufacturing, new printers, materials, and processes can emerge quickly, making older designs or capabilities less desirable or even unusable. This pushes firms to continuously upgrade designs, tooling, and manufacturing capability, and can lead to wasted investment if old offerings are no longer competitive. The other risks relate to resilience testing (stress testing), security threats (cyber risks), or relying on suppliers (supplier dependence), not the pace of technological change that makes products obsolete.