<s>
A	O
software	B-Application
license	I-Application
manager	I-Application
is	O
a	O
software	B-Application
management	I-Application
tool	I-Application
used	O
by	O
Independent	B-Application
software	I-Application
vendors	I-Application
or	O
by	O
end-user	O
organizations	O
to	O
control	O
where	O
and	O
how	O
software	O
products	O
are	O
able	O
to	O
run	O
.	O
</s>
<s>
License	B-Application
managers	I-Application
protect	O
software	O
vendors	O
from	O
losses	O
due	O
to	O
software	O
piracy	O
and	O
enable	O
end-user	O
organizations	O
to	O
comply	O
with	O
software	B-License
license	I-License
agreements	O
.	O
</s>
<s>
License	B-Application
managers	I-Application
enable	O
software	O
vendors	O
to	O
offer	O
a	O
wide	O
range	O
of	O
usage-centric	O
software	B-License
licensing	I-License
models	O
,	O
such	O
as	O
product	B-License
activation	I-License
,	O
trial	O
licenses	O
,	O
subscription	B-Architecture
licenses	I-Architecture
,	O
feature-based	O
licenses	O
,	O
and	O
floating	B-Application
licensing	I-Application
from	O
the	O
same	O
software	B-Application
package	I-Application
they	O
provide	O
to	O
all	O
users	O
.	O
</s>
<s>
A	O
license	B-Application
manager	I-Application
is	O
different	O
from	O
a	O
software	B-Application
asset	I-Application
management	I-Application
tool	O
,	O
which	O
end-user	O
organizations	O
employ	O
to	O
manage	O
the	O
software	O
they	O
have	O
licensed	O
from	O
many	O
software	O
vendors	O
.	O
</s>
<s>
However	O
,	O
some	O
software	B-Application
asset	I-Application
management	I-Application
tools	O
include	O
license	B-Application
manager	I-Application
functions	O
.	O
</s>
<s>
These	O
are	O
used	O
to	O
reconcile	O
software	B-License
licenses	I-License
and	O
installed	O
software	O
,	O
and	O
generally	O
include	O
device	O
discovery	O
,	O
software	O
inventory	O
,	O
license	O
compliance	O
,	O
and	O
reporting	B-Application
functions	O
.	O
</s>
<s>
An	O
additional	O
benefit	O
of	O
these	O
software	O
management	O
tools	O
are	O
that	O
they	O
reduce	O
the	O
difficulty	O
,	O
cost	O
,	O
and	O
time	O
required	O
for	O
reporting	B-Application
and	O
can	O
increase	O
operational	O
transparency	O
in	O
order	O
to	O
prevent	O
litigation	O
costs	O
associated	O
with	O
software	O
misuse	O
,	O
as	O
set	O
forth	O
by	O
the	O
Sarbanes-Oxley	O
Act	O
.	O
</s>
<s>
License	B-Application
management	I-Application
solutions	O
provided	O
by	O
non-vendor	O
companies	O
are	O
more	O
valuable	O
to	O
the	O
end-users	O
,	O
since	O
most	O
vendors	O
do	O
not	O
provide	O
enough	O
license	O
usage	O
information	O
.	O
</s>
<s>
A	O
vendor	O
license	B-Application
manager	I-Application
provides	O
limited	O
information	O
,	O
while	O
non-vendor	O
license	B-Application
management	I-Application
solutions	O
are	O
developed	O
for	O
end-users	O
in	O
order	O
to	O
maximally	O
optimize	O
the	O
licenses	O
they	O
have	O
.	O
</s>
<s>
Most	O
license	B-Application
managers	I-Application
can	O
cover	O
different	O
software	B-License
licensing	I-License
models	O
as	O
license	O
dongles	O
or	O
license	O
USB	O
keys	O
,	O
floating	B-Application
licenses	I-Application
,	O
network	O
licenses	O
,	O
concurrent	B-Application
license	I-Application
etc	O
.	O
</s>
