Potential Impacts of COVID-19 on the Global PLM Market
A Complimentary CIMdata Educational Webinar with Stan Przybylinski, Vice President, CIMdata
April 21,2020
11:00 EDT | 08:00 PDT | 17:00 CEDT
Are you concerned about any of the following?
- The COVID-19 pandemic is impacting the global economy. PLM software and service providers are not immune and are responding by revising their growth estimates.
- As a company, we are prioritizing the health and wellbeing of our employees, clients, and partners during this pandemic but are unclear how this will fully impact our business.
- We understand the value of having capabilities to work from anywhere, at any time, and on any device, but are unsure of the impact this will have on the future buying patterns of our customers.
- As a company, we lived through the Great Recession of 2008, which harmed the PLM market results in different ways in different segments.
- We understand that the PLM market has changed, but how can we survive and thrive as we adapt to the “new normal.”
The world is battling its worst health crisis since the 1918 influenza pandemic. While the Coronavirus first emerged in China, geographic boundaries are unable to contain it. Cases of the virus are in many countries, and many national health systems are straining to serve their citizens best.
Overnight the world changed. With factories and businesses shuttered, unemployment rolls are growing, and government-supported efforts proliferate countries around the world. Many more people are working at home than ever before.
The global PLM Economy, the community of software and service providers that power the PLM strategies of companies around the world, will undoubtedly share the pain. This webinar will consider the impact of COVID-19 on this market. The preliminary PLM market results for the calendar year 2019 and CIMdata’s initial forecasts for growth in the coming years, which reflect the potential impact of COVID-19, will be shared. The webinar will also consider the historical data from the Great Recession of 2008, which offers some guidance and will highlight some fundamental differences in the PLM market and global industry, and possible responses.
What will I learn by attending this webinar?
- You will gain awareness about how the COVID-19 pandemic could impact the PLM market.
- You will learn how CIMdata measures the global PLM market, with a focus on 2019 results and forecasts, and how it views the impact of COVID-19 on those results.
- You will learn about CIMdata’s outlook for 2020 and beyond, and what is needed to support the “new normal” for the PLM Economy.
- You will learn how the Great Recession of 2008 impacted the PLM Economy and the key industrial segments that invest heavily in PLM software and services and what that might mean relative to COVID-19.
- You will find out how the PLM Economy can be ready to help product companies emerge from the impact of COVID-19 in the strongest possible position.
- You will understand more about the opportunities that will be available post-COVID-19.
Who should attend?
- Product planners and managers
- Product portfolio managers
- PLM team leaders and team members
- PLM users
- Product managers
- IT leadership
- Solution providers
- Anyone anyone else who wants to learn about how the PLM Economy will be affected by the COVID-19 pandemic.
During the webinar you’ll also have the opportunity to ask questions about the topics discussed.