CIMdata to Host Free Webinar on Blockchain Technology and PLM Usage

ANN ARBOR, Mich. - Jan. 10, 2018 - PRLog -- CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces an upcoming free educational webinar, "Blockchain Technology and PLM Usage." The webinar will take place on Thursday, February 8, 2018 at 11:00 a.m. (EDT) and will last for one hour.

Blockchain technology has been used in currency transactions and has several key attributes that lend it to lifecycle management and the digital thread definition. This webinar will explore some of these attributes from the viewpoint of PLM to decide if there is sufficient evidence to develop use cases where PLM applications can benefit from Blockchain usage.

According to the webinar host, CIMdata's Director for Manufacturing Systems Engineering, Michael Fry, "We are now at the start of another revolution called Blockchain, which is a distributed database that maintains a continuously growing list of ordered records, called "blocks". We have seen the explosion of crypto currencies such as bitcoin and smart contracts such as Ethereum. It is just a matter of a short period time before this technology is further adapted and we, in the PLM economy, want to be on the leading edge."

Mr. Fry has 40 years of PLM and manufacturing industry experience. Mr. Fry has broad industry experience servicing clients from aerospace & defense, shipbuilding, automotive, and electronics industries. Prior to his consulting career, Mr. Fry was an aerospace design engineer with Beech Aircraft and Martin Marietta. Later, while at several leading PLM solution providers, he worked with global manufacturing companies in the automotive, aerospace & defense, building products, fabrication, industrial equipment, and marine industries. More recently he was involved in the predictive analytics discipline working on projects implementing the Internet of Things (IoT) and Industry 4.0 practices to provide data collection for cognitive computing and decision-making. This work was applied to machine tool operations, drone imaging and video capture, as well as jet engine failure prediction.

This webinar will help attendees understand if Blockchain can support new technologies such as PLM, where these new technologies fit, and how CIMdata is supporting these new technologies.

The webinar will be useful to manufacturing planners and managers, PLM team leaders, PLM team members, PLM users, manufacturing engineers, field service personnel, product managers, IT leaders, solution and service providers, industrial companies seeking to make investments, industry and financial analysts, and anyone wanting to learn more about Blockchain in the context of PLM.

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.... To register for this webinar please visit: https://register.gotowebinar.com/register/796266469449453....

About CIMdata

CIMdata, a leading independent worldwide firm, provides strategic management consulting to maximize an enterprise's ability to design and deliver innovative products and services through the application of Product Lifecycle Management (PLM) solutions. Since its founding in 1983, CIMdata has delivered world-class knowledge, expertise, and best-practice methods on PLM solutions. These solutions incorporate both business processes and a wide-ranging set of PLM-enabling technologies.

CIMdata works with both industrial organizations and providers of technologies and services seeking competitive advantage in the global economy. In addition to consulting, CIMdata conducts research, provides PLM-focused subscription services, and produces several commercial publications. The company also provides industry education through PLM certificate programs, seminars, and conferences worldwide. CIMdata serves clients around the world from offices in North America, Europe, and Asia- Pacific. To learn more about CIMdata's services, visit our website at www.CIMdata.com, follow us on Twitter: http://twitter.com/CIMdataPLMNews, or contact CIMdata at: 3909 Research Park Drive, Ann Arbor, MI 48108, USA, Tel: +1 734.668.9922. Fax: +1 734.668.1957; or at Oogststraat 20, 6004 CV Weert, The Netherlands, Tel: +31 (0) 495.533.666.