New trade-in program paves the way to industrial hybrid SaaS for users of on-premises AVEVA PI System software
London, United Kingdom, 10 October 2022 – AVEVA, a global leader in industrial software that drives digital transformation and sustainability, has announced it will grant a trade-in allowance credit to customers upgrading their industrial information management solution AVEVA PI System, when they transition from a perpetual license to subscription.
The subscription program, named AVEVA Flex, spans any mix of cloud, hybrid, and on-premises solutions across AVEVA's comprehensive portfolio. It allows customers to more easily adjust software usage to match business priorities, such as industrial transformation, operational excellence, and improved sustainability.
As part of the trade-in program, AVEVA PI System customers will receive a grant of credits in an amount that recognizes their prior investment and can be used to offset future charges. It also gives companies an immediate incentive to move forward on data-driven industrial transformation projects. This is good news for companies looking for more agile software solutions. The IDC study “The Data-Driven Operations Journey: Perspectives from the Worldwide Future of Operations Survey, 2022” found that there are currently no technological impediments to becoming data driven in operations. In particular, the maturation of cloud platforms, technologies, and services has opened the door to step changes in how operational data is managed and utilized.
Bry Dillon, Senior Vice President, Industrial Operation Sales at AVEVA, said: “This new model of buying, using and managing software will provide our customers with much more flexibility. It will enable them to easily scale as their businesses evolve and as new software solutions are developed. As a provider of industrial software for 50 years, AVEVA is committed to helping industrial companies easily incorporate cloud-based SaaS.”
AVEVA continues to evolve its software delivery model to help customers quickly adopt and scale new solutions, while avoiding large capital investments. When needs change, AVEVA Flex subscription credits can be applied to other products across the industrial design, operate, optimize lifecycle.
Agility is increasingly important as industry responds to supply chain disruptions, the need for remote workers, changes in customer demand, and new environmental priorities. Flexible subscriptions allow companies to easily and cost-effectively shift from one software solution to another or to shift data storage and processing from one geographic location to another. Energy companies, for example, are shifting data collection and analysis to new types of renewable energy sources as part of their commitment to decarbonization. Subscription credits can also be used to pilot or test drive new solutions before buying.
AVEVA is a global leader in industrial software, sparking ingenuity to drive responsible use of the world’s resources. The company’s secure industrial cloud platform and applications enable businesses to harness the power of their information and improve collaboration with customers, suppliers and partners.
Over 20,000 enterprises in over 100 countries rely on AVEVA to help them deliver life’s essentials: safe and reliable energy, food, medicines, infrastructure and more. By connecting people with trusted information and AI-enriched insights, AVEVA enables teams to engineer efficiently and optimize operations, driving growth and sustainability.
Named as one of the world’s most innovative companies, AVEVA supports customers with open solutions and the expertise of more than 6,400 employees, 5,000 partners and 5,700 certified developers. With operations around the globe, we are headquartered in Cambridge, UK and listed on the London Stock Exchange’s FTSE 100. Learn more at www.aveva.com.
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