(CIMdata: Ann Arbor, MI) -- CIMdata Inc., a leading global product life cycle management (PLM) consulting and research firm, will hold a free one-hour webinar, “PLM Benefits and Metrics,” on Thursday, Jan. 9, 2025, at 11:00 a.m. Eastern.

Organizations rarely make big decisions without first understanding the value they will gain from an investment, and for good reason. This is especially true when the cost of doing something demands significant financial and resource commitments—and digitalization requires both. As a foundation for digitalization, PLM must be measured and justified to unlock its full business potential.

This CIMdata educational webinar, the first of a new program year, will show attendees how to create realistic, actionable metrics and predict the costs of undertaking an initial PLM investment or upgrade. Regardless of where a company is in its digitalization journey, attendees will gain valuable insights to justify PLM investments and measure their effect over time.

This webinar will help attendees to:
• Define metrics that effectively measure the benefits of PLM and other related digitalization initiatives that will help communicate the value of PLM.
• Discover what makes good metrics, and strategies for building them when premeasurement to get a baseline is impossible.
• Explore leveraging metrics to accelerate and sustain digitalization adoption across an organization.
• Understand what defines PLM ROI and how to establish an ongoing measurement process to drive continuous improvement.
• Gain insight into the measurable benefits companies have achieved by deploying digitalization.

John MacKrell, CIMdata’s chairman and host for this webinar, says, “CIMdata is often asked two questions by companies considering or embarking on a digitalization journey. First, what will it cost in terms of monetary and organizational resources? Second, how will it benefit the enterprise now and in the future?”

This webinar will benefit people from many parts of an organization, since PLM is usually implemented to support cross-functional needs, providing a single source of truth to information that affects enterprise resource planning, manufacturing planning, service, and other downstream processes. 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-plm-benefits-and-metrics; to register for the webinar, visit https://register.gotowebinar.com/register/7869141391788714590.