From the release:
Flexible software licensing solutions for Grids, Clouds and SOA may reduce costs for companies with the need for complex computational simulations. The Fraunhofer Institute for Algorithms and Scientific Computing SCAI presents a new product developed in the project SmartLM, funded by the European Commission. Further highlights of SCAI at the International Supercomputing Conference from 23rd until 26th June, 2009 in Hamburg are professional services in the field of High Performance Computing. “elasticLM” is a new licensing framework of web services that facilitates treating and implementing software licenses as Grid services. This innovative technology provides users and customers with a maximum of flexibility while offering new business opportunities for software vendors and application service providers. “elasticLM” is based on open standards to ease the integration into existing environments and to leverage interoperability. Researchers at Fraunhofer SCAI developed “elasticLM” in the context of the research project SmartLM, funded by the European Commission. In the framework of SmartLM, CAE software vendors like ANSYS, INTES and LMS International are pilot users.
For more info, check out the original release here.