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The text discusses the importance of unlocking modules in software applications and the flexibility to associate entitlements to licenses using License Ring. License Ring offers two types of features - activation and consumption licensing. Activation allows vendors to include or exclude specific features, while consumption licensing enables metered usage of a feature. This can be used to limit the usage of certain functions or reports. Standard plans allow five activation features per account, while enterprise customers have unlimited features and can also configure consumption-based features. Features can be added to any product under the license.
