Useful topics, words, acronyms, and jargon, for software monetization teams
Concurrent licenses are a type of software license that revolve around the maximum number of users who will use the software at the same time. For instance, if the organization purchases five concurrent licenses, five of their users can access the same software at any given time.
Entitlement management can be defined as how access to software, devices, systems and content is administered. Entitlement management systems give software producers, channel partners and end customers control over who has access (or use rights) to specific resources, with the power to grant, issue, enforce and revoke access to users.
A perpetual license works by offering unlimited, all-time access for a single new upfront cost. By charging a one-time fee for your software, customers are essentially buying the software rights in perpetuity (perpetual software access) as opposed to renting it.
Cloud computing has revolutionized the software market in a number of ways, but it has also transformed how software developers can enable on-demand resources, unlocking lower costs, lower risk of downtime, and increased scalability, efficiency, performance, and security. Within both traditional on-premises and cloud software deployment models, there are a number of options available.
Software licensing is the underlying technology and process that enables software suppliers and device manufacturers to monetize and protect their products and services. Publishers either develop and maintain their own in-house system or utilize purpose-built software licensing solutions that interact with their product lines.
A subscription software license grants the customer access to software they may previously have not been able to afford upfront, as well as supporting the ongoing development to build a longer term revenue model within your software monetization strategy and management.