What does the term "Per Named Device" specifically indicate?

The term "Per Named Device" specifically indicates that licenses are assigned to a particular device, allowing it to install and run a specific piece of software. This means that the software is licensed for use on that specified device only, regardless of how many users may access it. In this model, each device that requires the software needs its own license, ensuring that the software is legally utilized according to vendor agreements.

This licensing model is crucial for compliance and asset management, as it ensures that organizations keep track of which devices have licenses and helps prevent unauthorized use. Understanding this concept allows organizations to manage their software assets more effectively and adhere to licensing agreements, avoiding potential legal issues and financial penalties from software audits.