Discover how LicenseSpring empowers businesses to monetize their Big Data products effectively and efficiently.
Empowering Innovative Business Models for Your Data-Intensive Offerings
Granular Metering: Measure individual features with precision.
Automated License Provisioning: Streamline the licensing process.
Dynamic License Updates: Keep licenses up-to-date effortlessly.
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Consumption-based licensing, sometimes referred to as metered licensing, or pay-per use licensing, is a common way to sell access to software applications that use significant server resources (for example rendering farms used in CGI), for proprietary or sophisticated operations (seen in applications running AI or machine learning), or for operations/reports that take many compute cycles to perform.
Metered licensing can significantly decrease licensing costs for the end-user since they pay for only what they consume instead of for a perpetual license to a software that they only occasionally use. Furthermore, Consumption-based licensing can be implemented in tandem with other licensing mechanisms such as node-locking or concurrent licensing to deliver even more flexible licensing models to be relevant to a vendor’s business model.
Define maximum activations, concurrent usage, validity periods, feature accessibility, and usage metrics for any module/component within your application.
Push and retrieve custom data at various application levels, interfacing with device data.
Modify customer product usage permissions by programmatically or manually updating license entitlements through our vendor platform.
Monitor license usage and modifications closely, gaining invaluable insights into long-term product usage patterns.