Radica Software Introduces Subscription Pricing

The structure is available for the enterprise edition of the platform.

Radica Software, a provider of ECAD software, has released a new pricing model that includes monthly and annual subscriptions of its enterprise edition of Electra.

Electra is a platform that runs on Microsoft Visio and enables users to create and manage electrical, hydraulic and pneumatic drawings. It offers automation features for simplifying circuit drawing creation and documentation. Users can also import and export AutoCAD drawings, and have access to 700 user-editable symbols.

“The world has changed and subscription-based models are springing up because that’s what many customers want and can afford to pay. We at Radica, are extremely excited to have launched our first ever subscription model. We want customers to be most comfortable with the flexibility that we offer through the subscription model to allow them to cancel at any time with no hidden fees. All in all, companies can do more with less when they become our subscribers,” said Thomas Yip, CEO and founder of Radica Software.

The subscription starts at $59 per user per month annually.

For more information, visit Radica Software.

Sources: Press materials received from the company and additional information gleaned from the company’s website.

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