AVEVA has announced its portfolio-wide transition to a subscription business model. To accelerate access to modern solutions and meet dynamic business needs, customers can trade-in their existing perpetual licences for subscriptions spanning any mix of cloud, hybrid, and on-premises solutions across the design-operate-optimise industrial lifecycle.
The AVEVA Flex subscription program revolutionises the way industrial software is purchased and consumed. It can help reduce upfront costs as much as 65 per cent, while enabling flexibility and scalability to respond to changing business needs, industry standards and regulatory requirements.
New licences for major engineering and operations solutions in AVEVA’s software portfolio are now subscription only, and the company has set a target to transition 80 percent of customer licences from perpetual to subscription by 2025.
As per Saadi Kermani, Vice President, Cloud Platform and Digital Business, AVEVA, industrial organisations, taking a hybrid approach to their software architectures, are capitalising on the increased data insights and functionality that cloud-based solutions provide – without giving up much-needed tools on-premises. A single subscription program that spans edge-to-cloud solutions and from engineering to operations can empower teams to connect and collaborate in new and agile ways.
As opposed to traditional perpetual software, where ownership creates incentives to use dated and potentially unsupported software over time, AVEVA Flex instead ensures customers are always on the software’s latest, most capable version—and know what the software costs are.
As per Michala Mulvad-Thiim, Senior Project Manager, European Energy, the vision is to be a major global force in driving the green energy transition. To achieve that it requires innovative approaches. AVEVA Flex subscription removes the barriers to innovation and will be instrumental to its success.
As projects ramp up around the world, a flexible software subscription model allows tighter control and alignment between technology investment and business requirements.