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Term vs Perpetual Licenses & Subscription Services SOLIDWORKS standalone and network versions can be either perpetual or term licenses. Perpetual licenses are owned by the client and never expire, while term licenses are essentially rentals which will cease to function after the expiration date.
The terms ?irrevocable? and ?perpetual? mean different things. A perpetual license is one that has no given end. An irrevocable license cannot be cut short. Either a perpetual license or a license with a stated term can be either revocable or irrevocable.
A term license allows you to subscribe to your software applications for a monthly or quarterly fee. You can also use a term license as a supplement to your perpetual licenses, gaining the flexibility to use applications beyond your owned license pool in peak periods or temporary surges in workload.
Term licenses are suitable for specific time-limited projects, perpetual licenses provide long-term ownership and control over the software, and subscriptions offer flexibility, regular updates, and support.
The Difference Between Perpetual and Subscription Licenses Perpetual licensing is when a software vendor sells a license to a user for a one-time fee. With a subscription license, a user purchases a monthly or annual subscription.
A perpetual software license is a type of software license that authorizes an individual to use a program indefinitely. Generally, outside of termination, a perpetual software license lets the holder use a specific version of a software program continually with the payment of a single fee.
The perpetual software license model is comparable to other traditional retail purchases. For example, when a customer buys a refrigerator, they own it indefinitely after a one-time payment. That purchase usually comes with a warranty and service for a limited time.
A perpetual license is one where a software application is sold on a one-time basis and the licensee can then use a copy of the software forever. A perpetual license model offers a customer access to a software application in perpetuity, hence the name.