BOSTON, May 31, 2016 – MEGA International will host a mini-webinar on Thursday, June 23 at 1 pm EDT to discuss the four key steps to successful IT integration when companies are going through mergers, acquisitions or divestitures. Softtek principal consultant and IT merger expert Oscar Flamingos will show companies how to create an IT integration playbook customized for their company that will guide them through the complex business transformation process.
“Successful mergers and acquisitions are rare … 83% of mergers between companies have failed to achieve the goals of the merger,” explained Flamingos. “The mistake most companies make is not involving IT in the integration process until it’s too late. The solution? Treat IT mergers and acquisitions as a critical business process rather than an IT process.”
“Mergers and acquisitions can be a catalyst for companies to develop a strategic roadmap for the IT portfolio,” noted Lucio de Risi, CEO, MEGA. “IT portfolio management is an essential practice for companies merging or acquiring another business because it can help them streamline IT investments and align them with business priorities.”
Many enterprises have begun their transformation process using MEGA’s HOPEX IT Portfolio Management solution because it helps them assess the IT landscape before and after the merger and identify which applications and technologies will best support the new business strategy. The HOPEX solution lets them easily evaluate technologies and plan the best ‘future state’ for individual applications, as well as the complete IT portfolio.
During the 20-minute MEGA Byte webinar, Flamingos will discuss how companies can:
- align the IT M&A approach with business goals
- start the integration in-house
- put an integration framework in place
- develop an IT M&A playbook
Flamingos’ team, IT M&A Consultancy Services at Softtek, helps companies across the Americas develop strategic roadmaps to integrate IT portfolios. He has spent the past 18 years working on IT transformation projects and has focused on IT M&A activity for enterprises in several industries, including finance, retail and consumer products. Founded in 1982, Softtek provides process-driven IT solutions. The company helps improve time-to-business-solution, lower costs of existing applications, deliver better engineered and tested applications, and produce predictable outcomes for top-tier corporations in over 20 countries.