Application store for dynamically implementing licensing scheme

A computing system comprising:

• a network interface configured to receive a request of an asset control system to download and install an instance of a software application from an application marketplace for use with an asset controlled by the asset control system;
• and
• a processor configured to dynamically determine a licensing scheme to be used for the instance of software application from among a plurality of possible licensing schemes based on configuration information stored in a repository associated with the application marketplace, and assign the dynamically determined licensing scheme to a downloadable file of the software application,
• wherein the processor is further configured to control the network interface to transmit the downloadable file having the dynamically assigned licensing scheme to an industrial edge computing system associated with the asset control system.

A computer-implemented method of an industrial edge system, the computer-implemented method comprising:

• receiving a downloadable file for installing a software application from an application marketplace, the downloadable file comprising licensing scheme data associated with a licensing policy for the software application which is dynamically assigned by the application marketplace from among a plurality of licensing schemes;
• installing the software application and initiating a monitoring operation for the software application based on the licensing scheme data;
• and
• optimizing a performance an industrial asset coupled to the industrial edge system using the software application.