What is License Management?

LabStats tracks software and hardware usage on campus. Usage data lets you optimize your IT spending and helps students find what they need.

Software license management is the process of monitoring the number of software licenses used in a business to fulfill compliance with the End User License Agreement (EULA). By complying with these license requirements, an organization can cut down on costs by only purchasing the optimum number of licenses.

LabStats is a leading software for IT asset management that has license management features in it. Our software allows universities to monitor, report, and optimize software development across their campus.

Why do you Need to be Compliant with License Management?

When you purchase software, you agree to the licensing agreements of the software publishers. Following the rules while using software is termed as software licensing. The leading software audits its client's environment to detect piracy, copyright infringement, or any unauthorized use of its software.

Coming short on any of these audits can mean irreversible damage to your business reputation and the possibility of heavy fines and legal action. Therefore, an enterprise cannot afford to fail on a software audit by always ensuring compliance.

With the LabStats software, you can track leading software deployments in your university and analyze large chunks of data for extended time periods.

Call +1-208-473-2222 or send a mail to support@labstats.com for a free trial of our software.


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