Software Monetization for Intelligent Devices

Launch digital business models with a flexible monetization platform

Across the Industrial IoT stack, from edge-to-cloud, Revenera centralizes and automates subscription, usage-based, and hybrid monetization models that drive recurring revenue.

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Business Outcomes

Drive Recurring Revenue
Offer Product Tiers and Options
Operate from Edge-to-Cloud
Make Usage-Based Decisions
Launch Faster, Improve Customer Experience

Create the New Revenue Engine for Intelligent Devices

Intelligent device manufacturers are shifting from hardware-driven growth to software-led digital business models. As software, AI, and data become the growth driver for device makers, packaging and pricing models must evolve. Buyers expect pricing that aligns to consumption, and manufacturers need to grow revenue profitably. Subscriptions, usage-based, and hybrid monetization models are no longer optional.

Revenera is designed to operate in any environment, from edge-to-cloud, and for any connectivity profile. Revenera’s platform helps you modernize monetization so that you can move the needle on your business outcomes—more recurring revenue, flexible packaging and pricing, faster time-to-market, and streamlined operations—while improving customer experience.

Drive Recurring Revenue from Intelligent Devices

Monetize software, AI, data, and embedded capabilities
Enable subscription, usage‑based, and hybrid monetization models
Turn intelligent devices into recurring revenue streams

how Honeywell grew software revenue over 100%

Our journey to recurring revenue required us to stop selling widgets and start delivering outcomes—and that meant having the right subscription, licensing, and billing foundation in place.

Lori Haggart Global General Manager, Logistics Sensing & Software

Unlock Tiered Value Through Software‑Defined Features

Control offerings by software‑controlled capabilities rather than physical configurations
Easily create new product tiers and monetizable add‑ons without redesigning hardware
Electronically control device features based on entitlements

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Monetize What Matters - IoT Monetization (3:07)

We’re seeing real growth through more updates, upgrades, and analytics adoption... Digital delivery increases field capacity by letting engineers focus on complex issues.

Tim Donahugh Director, Program Management

Operate Reliably Across Cloud, Edge, and Offline Environments

Operate in cloud, connected, and disconnected deployments
Combine cloud monetization with on‑device and on‑prem enforcement
Support complex industrial and regulated environments

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Monetizing Software in Air-gapped Environments

We realized we needed a consistent and harmonized licensing platform to manage software licenses and help figuring out how to run a software business.

SÉBASTIEN BEY CHIEF INFORMATION OFFICER, SIEMENS BUILDING TECHNOLOGIES DIVISION

Make Usage-Based Decisions

Gain a single system of record for entitlements, usage, and compliance
Leverage usage analytics to fine-tune pricing and packaging
Uncover upsell opportunities and identify churn risk with

Learn More about Monetization Analytics

When choosing our monetization platform, we were looking for more than just a licensing tool. We wanted better insight into our customer base, offer flexible and scalable monetization models and add the automation needed to run our growing software business. Revenera is the strong partner we need to deliver on these strategic goals.

MIKE TRESH PRODUCT MANAGEMENT DIRECTOR, PLATFORM

Launch Faster and Improve Customer Experience

Rapidly implement packaging and pricing for new offerings
Easily experiment with digital business models and tweak pricing
Leverage pre-built monetization to save engineering time
Give customers fast, frictionless access to software and firmware-driven capabilities

90% Reduction in time to enable licensing and entitlements with Revenera

The ability to rapidly include entitlements for our new offerings without having to build it from scratch each time is a tremendous benefit for our business and for our customers. We’re able to bring new offerings to market more quickly while our customers enjoy a unified and consistent experience that makes it easy to get up and running.

Mark Roces VP, Digital Offer Management at Eaton

Industry Paths for Intelligent Device Manufacturers

Explore how Revenera supports digital business models in industries with complex environments, long customer lifecycles, and high expectations for reliability.

Manufacturing & Industrial Automation

Manufacturers are moving from hardware-centric models toward digital business models that monetize software, data, and services.

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Network Equipment Providers

Virtualization and the decoupling of software from hardware are driving new monetization models such as capacity, concurrency, and consumption.

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Medical Device Companies

Medical device manufacturers are adopting software-first models and need modern approaches to manage, monetize, and update devices across their lifecycle.

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See the Results Revenera Delivers

426%

ROI over three years

90%

faster time-to-market

months payback period

View the Study

“The value here is clear: we’re able to do in a month what used to take over a year. Now, when we onboard a new product, it’s just a small portion of our standard work process, rather than a major challenge that we need to figure out. Previously, this was considered a high-risk area of our development process, but now, it’s a well-established part of each project. It means we can launch new products faster.”

Product Manager, Manufacturing

“Our decision to move to Revenera was driven by the need to improve our finances for one of our [core offerings]. We realized we were significantly underselling its value, and with a major revenue shift ahead, we needed full visibility into our customer base. We needed to know who our customers were, what they had, and how they were using it.”

Director of Digital Operations, Energy

Industry Awards and Recognition

Customer Case Studies: Intelligent Device Monetization

Case Study

Growing Recurring Revenue Through Flexible Software Monetization Models

Eaton implemented Revenera’s Software Monetization solutions, including Entitlement Management and Software Licensing to centralize its platform management for licensing. It is achieving efficiencies and savings by streamlining software operations across multiple divisions and systems.

Video

Honeywell Transitions from Hardware Sales to Software Monetization

See how Honeywell achieved over 100% growth in annual software revenue while accelerating time-to-market and supporting hybrid models.

Video

GE HealthCare’s Hardware to Software Transformation Journey

See how GE HealthCare moved to a software-first mindset to optimize the patient experience.

Case Study

Siemens Building Technologies Partners with Revenera Software to Monetize Software

Siemens implemented the Software Monetization solution from Revenera Software to protect and monetize software IP, standardize and automate processes and adopt new business models.

Case Study

Revenera Powers Monetization of PTC’s ThingWorx IoT Platform

To support the massive growth of the ThingWorx Industrial Innovation platform, PTC needed a robust, flexible and scalable solution for monetization and compliance management and chose Flex…

Case Study

PolySync: Industry Leader Monetizing the Internet of Things for New Opportunities

See how an industry leader in autonomous vehicles is leveraging proven software licensing, entitlement management and software delivery and update technology to monetize the Internet of Th…

Request an IDM Executive Briefing

Whether you’re launching digital business models—such as subscription and usage-based offerings—rationalizing licensing infrastructure across product lines, or improving delivery operations across connected and offline environments, an executive briefing can help you map the right path forward.

Schedule a Briefing