A method and a highway addressable remote transducer (HART) soft modem device for modulating and demodulating analog signals with HART messages are provided. A phase coherent frequency shift keying (FSK) modulator modulates and transmits analog signals with HART messages, and a phase coherent FSK demodulator receives and demodulates the analog signals with the HART messages. The FSK modulator is a digital modulator that outputs 1 or 0 for transmission. With oversampling and low pass filtering, the digital modulation results in low jitter and good signal to noise ratio. The FSK demodulator applies a fast energy detect algorithm and dynamically reduces or increases a clock speed of a central processing unit (CPU) of the HART soft modem device for reducing power consumption of the CPU. Furthermore, the HART soft modem device uses direct memory access (DMA) to further reduce the power consumption, thereby reducing the overall power consumption by around 50%.