Hardware and IoT Licensing

Hardware Licensing monetizes and controls hardware products with embedded software. Vendors use secure licensing mechanisms to control device functionality, allowing a single hardware platform to be configured into multiple product tiers via software.

Key Features:

• Enables instant upgrades and feature activations without hardware changes.

• Reduces manufacturing complexity.

Benefits:

• Increases revenue potential and product flexibility.

• Supports dynamic product offerings and responsive upgrades.

Trends:

• AI/ML-driven dynamic licensing.

• Blockchain for secure, decentralized license management.

• Real-time control is enabled by improved connectivity.

Hardware licensing is ideal for hardware with significant software components, such as IoT devices, as it provides flexibility and a streamlined inventory.