👉 Licensed computing refers to the practice of providing cloud computing services under specific, legally binding agreements that outline the rights and responsibilities of both the service provider and the customer. Under a licensed computing model, the provider is responsible for managing the underlying infrastructure, ensuring high availability, performance, and security, while the customer is granted access to a predefined set of resources and services according to the terms of the license. This model typically involves a subscription or usage-based pricing structure, where customers pay for the exact amount of computing resources they consume. Licensing agreements can vary widely, ranging from simple usage-based models to more complex enterprise solutions that include additional services like support, customization, and compliance assistance. This approach ensures that both parties have clear expectations regarding service delivery and cost, promoting a more reliable and predictable computing environment.
