Subscription based electrical CAD Software

Radica Software announced a new pricing model that offers monthly and annual subscriptions of its Enterprise Edition of Electra software. Monthly subscription of Electra is at US$59 (paid annually) and US$69 (paid monthly) respectively. Subscribers have access to features of Electra Enterprise Edition with no restriction, free software upgrades and they may cancel a subscription at any time with no penalty incurred. Already used by customers in 42 countries, Electra electrical CAD runs on Microsoft Visio, to help users easily create and manage electrical, hydraulic and pneumatic drawings. “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. Nelson Rafael, owner of Gryphon Automation based in Ontario, Canada, said, “Pricing is always the foremost reason. As with most of small companies, we are trying to do more with less. The subscription pricing from Radica Software works well for us as we do not need Electra ev...