nTopology put down further strategic roots by announcing a partnership with Excel3D Advanced Technologies. This announcement comes two days after announcing a partnership with South Korean reseller Harvestance. The company’s partnerships expand its influence in the Association of Southeast Asian Nations Plus Six sphere, which gives nTopology some access to the Regional Comprehensive Economic Partnership currently being negotiated between Brunei, Cambodia, Indonesia, Laos, Malaysian, Myanmar, the Philippines, Singapore, Thailand, Vietnam, Australia, China, Japan, New Zealand and South Korea.
nTopology provides modeling technology to the additive manufacturing space. Its nTop Platform is designed for digital manufacturing. The software helps engineers AM parts from start-to-finish while accounting for printing workflows. Its value-added comes with this workflow optimization. Human error is reduced, and efficiency is increased, with computer-aided workflow design. The software goes a step further by incorporating field-driven design, which combines data sources to produce stronger, more efficient, objects.
Excel3D is an Indian catalyst for advanced technologies. It focuses on connecting technology providers with users and facilitating implementation on the shop floor. nTopology can confidently enter the Indian market with this local networking firm at its side.
The larger implication for the new partnership is similar to nTopology’s strategic moves in South Korean. nTopology is backed by American national security interests like Lockheed Martin and the CIA. Though the company is independent from these organizations, its activities likely face greater scrutiny because of its associations.
More to the point, the company’s development in the ASEAN plus six market furthers its ability to serve local manufacturing needs in a geographically diverse region. ASEAN countries rely on air and sea shipping to move large quantities of goods. Local digital manufacturing enhances the regional value chain: supply lines become shorter. COVID-19 has accelerated the need for efficiencies such that nTopology is gaining ground.
nTopology’s market penetration to this end presently stands at the ASEAN fringe. The US allies in which nTopology has partnerships—Japan, South Korea and now India—are parts of the ASEAN ring. Japan and South Korea make up ASEAN’s northern geographic border; India is a member of the ‘plus six’ group. With growing markets in these countries, nTopology sets itself up for penetration into the ASEAN interior.
The free trade agreement currently being negotiated by ASEAN and plus six nations enhances nTopology’s penetration in the region. This agreement, if concluded and brought into force, has the potential to eclipse the Trans-Pacific Partnership in GDP output. With fresh strategic roots in India, nTopology is well placed to break into ASEAN island nations’ manufacturing markets.