PORTLAND, Ore. – Feb. 28, 2011 –The Distributed Management Task Force(DMTF), the organization bringing the IT industry together to collaborate on systems management standards development, validation, promotion and adoption, today announced it has formed a group to address the need for effective software licensing management in virtualized and cloud computing environments. This “Software License Management Incubator” will work to develop a set of recommendations to guide future industry standardization of software license management in these environments.