License management refers to the structured process of tracking, controlling, and optimizing the use of software licenses, digital assets, and intellectual property within an organization. As businesses increasingly rely on diverse software tools and digital platforms, effective license management has become essential for maintaining compliance, reducing unnecessary costs, and ensuring operational efficiency. It provides organizations with visibility into license usage while helping them align resources with actual business needs.
The evolution of license management has been shaped by the rapid expansion of software-based operations. In the past, managing licenses involved manual tracking and basic recordkeeping, often leading to errors and inefficiencies. With the rise of cloud computing, subscription-based software, and remote work environments, license structures have become more complex. Modern license management approaches now rely on automated systems that can handle dynamic usage patterns and multiple licensing models with greater accuracy.
A core function of license management is maintaining compliance…