What is licensor in SAP CEC-COM-CPS-WEB - CPS Store Frontend and Accelerators?

SAP Term: licensor

• Component: CEC-COM-CPS-WEB

• Component Name: CPS Store Frontend and Accelerators

• Description: A governing body that is authorized to issue licenses and permits to allow citizens to use particular services or benefits.

Smart SAP Assistant

• Key Concepts: 
  A licensor is a company or individual that grants a license to another party to use their intellectual property. In the case of SAP, the licensor is the company that owns the software and grants a license to customers to use it. 
  
  How to Use It: 
  When purchasing SAP software, customers must obtain a license from the licensor. This license will specify the terms of use for the software, such as how many users can access it and what features are available. Customers must abide by these terms in order to use the software legally. 
  
  Tips & Tricks: 
  When purchasing SAP software, it is important to read and understand the license agreement carefully. This will ensure that customers are aware of their rights and obligations when using the software. 
  
  Related Information: 
  The CEC-COM-CPS-WEB CPS Store Frontend and Accelerators component is part of SAP's Cloud Platform Suite. This suite provides customers with a comprehensive set of cloud-based services for managing their business processes. The suite includes tools for developing, deploying, and managing applications in the cloud.