The digitalization of industrial organizations is imperative. As organizations face increased competition, shrinking margins, and more stringent environmental mandates, it is critical that they find new ways to drive performance throughout the value chain. Cloud-hosted digital twin technology provides an answer. It delivers the tools and infrastructure that facilitate agile and rapid change. Outdated perpetual licensing models are increasingly preventing that transformation change. This white paper explores how industry’s rapid transition to subscription models is driving the acceleration of digital transformation by providing technical and financial agility organizations need to meet changing business and market requirements.

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