License Management 2025

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Definition of License Management License Management, also known as Software License Management (SLM), is the process by which organizations manage and control their software assets.
A professional certification or license shows you are qualified to perform a specific job. Only include certifications or licenses obtained by an individual. Examples include Certified Teacher, Registered Nurse, Licensed Professional Engineer, a Project Management certification, or an IT certification.
Examples of Licensing Agreements An example of a licensing agreement in the restaurant space would be when a McDonalds franchisee has a licensing agreement with the McDonalds Corporation that lets them use the companys branding and marketing materials.
Definition of License Management This involves ensuring that the organization is using its software licenses in compliance with the terms and conditions stipulated by the software vendor.
A business license is a legal authorization issued by government agencies that allows an individual or company to conduct business within a specific jurisdiction. Examples include local city licenses, state permits, and industry-specific licenses.

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License managers enable software vendors to offer a wide range of usage-centric software licensing models, such as product activation, trial licenses, subscription licenses, feature-based licenses, and floating licensing from the same software package they provide to all users.
The ITIL Software License Management process includes tracking software licenses, managing software license contracts, monitoring usage, and ensuring adherence to software licensing agreements.

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