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Wednesday, July 24, 2024

Aveva commits to subscription transition


Aveva, the global leader in industrial software, announces the transition of its entire portfolio to a subscription business model.

To accelerate access to modern solutions and meet dynamic business needs, customers can trade in existing perpetual subscription licenses covering any combination of cloud, hybrid and on-premises solutions throughout the design-operate-optimize industrial lifecycle.

The Aveva Flex Subscription Plan revolutionizes the way industrial software is purchased and used. It can help reduce upfront costs by up to 65%, while enabling flexibility and scalability to respond to changing business needs, industry standards and regulatory requirements.

New licenses for key engineering and operations solutions in Aveva’s software portfolio are now subscription-only, and the company has set a goal of transitioning 80 percent of its customer licenses from perpetual to subscription by 2025.

Edge to Cloud Solutions

Saadi Kermani, vice president of cloud platforms and digital business at Aveva, said: “Industrial organizations taking a hybrid approach to their software architectures are leveraging the increased data insights and capabilities offered by cloud-based solutions – without giving up too much – what is needed Native tools.A single subscription plan covering edge-to-cloud solutions and engineering-to-operations enables teams to connect and collaborate in new and agile ways.

He added: “Unlike traditional perpetual software, where ownership over time creates an incentive to use outdated and potentially unsupported software, Aveva Flex instead ensures you are always using the latest, The most powerful version of the software – and you always know how much the software costs”

European Energy uses Aveva Unified Engineering in the cloud to enable scalable, secure engineering workflows across its globe to support its latest Power-to-X project.

tighter control

Power-to-X technology produces green e-methanol based on renewable wind, solar and biowaste energy. As projects grow globally, a flexible software subscription model enables tighter control and alignment between technology investments and business needs.

Michala Mulvad-Thiim, Senior Program Manager, Energy Europe, said: “Our vision is to be a major global force driving the green energy transition. Achieving this goal requires an innovative approach. The Aveva Flex subscription removes barriers to innovation and will contribute to our success.”– trade arab news agency


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