What types of license are issued by Ranplan and what are the differences between these?

Floating license key: A floating license key is a type of software licensing method that consists of two components: an activation ID and a license server ID. The activation ID is unique to each user and is used to validate the license, while the license server ID is assigned to a pool of licenses stored in the cloud. This pool allows users to check licenses in and out using an online user portal, providing flexibility and accessibility for multiple users within an organization.

Node-locked license key: A node-locked license key is a type of software licensing method that binds the license to a specific machine upon registration. This means that the software can only be used on that particular device. If there is a need to transfer the license to another machine, it can only be done through Ranplan support, and there might be a fee associated with this service. Node-locked licenses provide individual users with exclusive access to the software on their designated device, ensuring security and control over its usage.