Subscription Software Drives Digital Transformation

 

A subscription delivery model can hasten adoption automation software required to progress in the journey toward digital transformation.

 

Innovations in cloud, data analytics and the Industrial Internet of Things (IIoT) are pervading the industrial and infrastructure landscape and driving advances in process automation and control. As a result, manufacturers and operators are rethinking their technology and transformation strategies. One trend gaining momentum in the age of digital transformation is subscription software.

In industrial automation, companies can take advantage of subscription models to gain access to uniquely innovative products and services, including human-machine interface (HMI) and supervisory control and data acquisition (SCADA), buy only what they require, scale it as needs change and shift the investment from a capital expenditure to an operational expense for a leaner balance sheet. Subscription delivery models can hasten industrials’ adoption of the automation software they need to progress in their transformation journeys.

 

The (transformation) struggle is real


Amid the pervasive focus on digital transformation, companies of all sizes and across industries are investing in the technologies necessary to digitize their process and asset operations. For many companies in the industrial space, the transformation journey is well underway, while others are just beginning. As industrial business leaders consider the many benefits of digitized workflows, process automation, data analytics and predictive maintenance, they often find themselves stymied by an enterprise mired in legacy software and outdated financial models that are holding digital transformation at bay. To succeed in the digital economy, businesses must embrace and integrate new technology. But there are challenges impeding the adoption of automation and control software, notably the upfront capital expense required to deploy industrial-grade software.  

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