License Management

License management refers to the process of overseeing and controlling software licenses to ensure that organizations use their software legally and efficiently. It involves tracking how many licenses are owned, how they are used, and ensuring compliance with licensing agreements. Effective license management helps prevent overuse, which can lead to legal penalties, and underuse, which can result in wasted resources. By managing licenses properly, businesses can optimize costs, enhance security, and improve software performance, ensuring that they get the most value from their technology investments.