Concurrent Licensing
Concurrent or floating licensing offers a flexible approach to managing multi-user software access. Rather than tying licenses to individual users or devices, a pool of licenses is shared among a larger group. When users launch the software, they draw from this pool; when finished, the license returns to the pool for others to use.
Key Features:
Maximizes software utilization and minimizes costs, especially for organizations with varying usage patterns or shift-based workflows.
Suitable for businesses with fluctuating software needs.
Offers cost efficiency and flexibility, allowing organizations to optimize software investments.
Vendor Benefits:
Enables attractive pricing models for business customers.
Ensures fair compensation for software products.
Considerations:
Requires careful monitoring to avoid overuse.
Users may face access issues during peak times if all licenses are in use.
Trends:
Growing adoption of cloud-based concurrent licensing.
Integration with AI/ML for predictive analytics and usage optimization.
Hybrid models combine concurrent and subscription-based licensing.
Concurrent licensing is ideal for organizations with a large pool of potential users but only a fraction needing access at any given time, maximizing value and efficiency.
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