What is license in SAP CRM-IM-IPM - Intellectual Property Management?

SAP Term: license

• Component: CRM-IM-IPM

• Component Name: Intellectual Property Management

• Description: Issuing the authority for a third-party to use a right that is commercially protected. The licensee acquires the usage right as a result of a contractual agreement with the licensor.

Smart SAP Assistant

• Key Concepts: 
  A license is a legal agreement between a software provider and a customer that grants the customer the right to use the software. In the case of SAP CRM-IM-IPM Intellectual Property Management, a license grants the customer the right to use the software for their business purposes. 
  
  How to Use It: 
  In order to use SAP CRM-IM-IPM Intellectual Property Management, customers must purchase a license from SAP. The license will include specific terms and conditions that must be followed in order for the customer to be able to use the software. 
  
  Tips & Tricks: 
  It is important to read and understand all of the terms and conditions of a license before purchasing it. This will ensure that customers are aware of any restrictions or limitations that may be imposed on their use of the software. 
  
  Related Information: 
  For more information about SAP licenses, please visit SAP's website at https://www.sap.com/products/licensing.html.