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RayVentory Catalog > 12.6 > User Guide > Glossary 

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Software

A product is a piece of a program or data installed, executed, or processed on hardware like Firmware (BIOS), Operating System (OS), or Application (APP). Despite of ongoing discussions in several countries, any piece of software should be seen and handled as intellectual property, if the author did not publish it as "open source".

BestPractice

Best Practice:
When defining the name of a product, do not use the name of the publisher in the products name.

For example:

Use Office 365 instead of MS Office 365.