M&A: Using PLM to Achieve Promised Synergy
A Complimentary CIMdata Educational Webinar with Tom Gill, Practice Manager, PLM Enterprise Value and Integration, CIMdata
17 December 2020
11:00 EST | 08:00 PST | 17:00 CET
Replay Webinar About our Speaker
Do any of the following statements sound familiar?
- We just acquired a company and need to merge our PLM solutions.
- We lack staff and budget to implement change, how do we meet internal and external customer expectations?
- We lack the capital needed to improve solutions and processes.
- We have duplicate applications; how do we choose which to keep?
- How do we consolidate the different data and processes?
2020 has been an interesting year. Tariffs, trade wars, the pandemic, and the U.S. election created business pressure and uncertainty. Much of which has driven weaker companies into distress and even bankruptcy. With low-interest rates and the many central banks boosting liquidity, getting money to invest and acquire companies is easier than ever, especially for companies with strong financials. CIMdata expects M&A to have a significant impact within industrial companies in the coming year, and perhaps longer.
For those on M&A integration teams, especially those responsible for enterprise solutions such as PLM and ERP, the challenges are often enormous. M&A can have a significant impact on people, process, and technology, whether the strategy is to rationalize, harmonize, or even ignore the enterprise solutions. Whether you work for the acquirer or the acquiree, it is likely a stressful time and an event that makes your job more complicated. Data migration, technology rationalization, process harmonization, and organizational change management are key areas to include in an integration plan.
This presentation will identify common M&A scenarios and review strategies and tactics to mitigate the negative impacts and leverage the positive ones.
What will I learn?
- You will learn what strategies for success can be applied when disruption happens.
- You will what needs to be done about PLM when your company acquires a company.
- You will find out what to do about PLM when your company is acquired.
- You will learn tactics to manage people, process, and technology issues when acquiring a company.
Who should attend?
Executives, directors, and managers responsible for product development, manufacturing, quality, and service. PLM team leaders, PLM team members, product managers, IT leadership & staff, solution providers, and anyone who wants to learn about how to manage PLM when M&A happens.
During the webinar you’ll also have the opportunity to ask questions about the topics discussed.