A software defined (SD) process control system (SDCS) includes a method executed by a discovery service for inferring information regarding a physical or logical asset of a process plant. The method includes obtaining an announcement indicative of a presence of a physical or logical asset of the process plant. The method also includes obtaining, from a context dictionary, one or more parameters retrievable from the physical or logical asset or one or more services associated with the physical or logical asset that were not indicated in the announcement. Furthermore, the method includes storing a record of the discovered physical or logical asset in a discovered item data store. The record includes an indication of the identity of the physical or logical asset and the one or more parameters or one or more services associated with the physical or logical asset that were not indicated in the announcement.