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Thursday, November 12, 2020

CIMdata to Host a Free Webinar on The Impact that Product Lifecycle Management can have on Merger & Acquisition Activities

This free educational webinar will look at how PLM can be used in a merger & acquisition scenario.

ANN ARBOR, Michigan, USA November 12, 2020—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces an upcoming free educational webinar, “M&A: Using PLM to Achieve Promised Synergy.” The webinar will take place on Thursday, December 17, 2020, at 11:00 a.m. (EST) and last for one hour.

CIMdata expects mergers & acquisitions (M&A) to have a significant impact on 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, processes, 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 webinar will identify common M&A scenarios and review strategies and tactics to mitigate the negative impacts and leverage the positive ones.

This webinar will help attendees:

  • Learn what strategies for success can be applied when disruption occurs.
  • Understand what needs to be done about PLM when your company acquires another company.
  • Understand what to do about PLM when your company is acquired.
  • Learn tactics to manage people, process, and technology issues when acquiring a company.

According to webinar host Tom Gill, CIMdata’s Practice Manager for PLM Enterprise Value & Integration, “We live in interesting times. While 2020 has been an eventful year, it appears that there are major structural changes underway throughout economies and society. M&A is a likely outcome of the structural changes and can create exciting opportunities, but there are many pitfalls. PLM is often not high on the list of M&A evaluation criteria, but it should be. Getting access to products and their underlying intellectual assets (i.e., product data and process definitions) are the source of many of the synergies promised. A solid integration plan that includes PLM can help executives deliver on the promise.”

Tom Gill has over 25 years of experience applying computer-based solutions to engineering and manufacturing. Before joining CIMdata, he worked as an independent PLM consultant after spending more than 20 years at high-volume manufacturing companies. Mr. Gill has worked in numerous industries, including fabrication & assembly, food & beverage, defense, chemical, and medical devices. He has executed PLM strategy projects, solution evaluation and selection projects, deployment planning, and training development for industrial clients.

This webinar will be useful for executives, directors, and managers responsible for product development, manufacturing, quality, and service. It also applies to 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 activity happens.

During the webinar, attendees will have the opportunity to ask questions about the topics discussed. To find out more, visit: https://www.cimdata.com/en/education/educational-webinars/webinar-m-a-using-plm-to-achieve-promised-synergy. To register for this webinar, please visit: https://register.gotowebinar.com/register/1230049350395716867.

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