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In SAP launchpad under downloads if product is listed in company's licensed software?

In SAP launchpad under downloads if product is listed in company's licensed software what does it mean

  • Whether it is already licensed or I need to purchase the license for the product?.
  • How can I check whether a product is licensed or not?,(Currently I have not installed the product!)

Refering to

INSTALLATIONS & UPGRADES >>>> ALL IN ONE LIST (A COMPLETE LIST OF YOUR COMPANY’S LICENSED PRODUCTS) >>>> MY COMPANY'S SOFTWARE

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