👉 Licence engineering is the process of strategically managing and optimizing software licenses to ensure compliance with legal requirements while maximizing cost-effectiveness and flexibility for users. It involves analyzing software usage patterns, identifying potential license overages or underutilizations, negotiating with vendors for better terms, and implementing licensing strategies that align with business goals. This process often includes automating license tracking, managing sublicensing, and ensuring adherence to vendor agreements, all while balancing the need for accessibility and control over software assets. Effective licence engineering helps organizations avoid costly legal issues, reduce waste, and adapt to evolving software needs in a dynamic market.