The various topologies, traffic patterns and cost targets of optical networks have prevented the deployment of endto-end solutions across multi-domains, and the optimization of the network as a whole. The consequent limitations in flexibility, scalability, and adaptability of optical networks will become increasingly important with new applications, such as 5G/6G. Coherent transceivers based on digital subcarrier multiplexing (DSCM) are proposed to address these current constraints. In particular, DSCM allows (i) the design of high-capacity pointto-point (P2P) and -multipoint (P2MP) optical networks; (ii) simplified aggregation with passive optics; and (iii) connections between low-and high-speed transceivers. Furthermore, DSCMbased networks reduce the number of opto-electro-opto stages, halve the number of bookended transceivers, and provide a better match for existing hub-and-spoke (H&S) traffic patterns in fast-growing and dynamic access/metro segments. A DSCMbased transceiver will pave the way for the deployment of nextgeneration flexible, adaptable, and scalable software-configurable optical networks.Key steps and elements to realize this solution are laid out, and promising applications outlined. The first real-time experimental results of coherent P2MP transceivers are presented.