Reading Time: 2 minutesA Software License is a legally binding agreement that specifies the terms of use of an application and defines the rights of the software producer and the end-user.
Fierce competition, cloud and virtualization and software piracy all force the software producers to adopt one or the other form of software licensing to meet their organization’s need in the best possible way. Software Licensing allows software producers to combat piracy and generate revenue by easily enabling new software monetization, licensing, pricing and packaging models.
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