Modern software development relies heavily on third-party components, which are pre-built software modules developed by other organisations and can be either open-source or commercial. These components serve as building blocks for developers to create complex applications more efficiently. What many do not know or realise is that all these third-party components come with licenses that might restrict the software, and it can become a challenge for companies that develop software to manage all the licenses that come with the used third-party components.This thesis investigates three third-party component license management tools: OWASP Dependency-Check, Snyk, and Debricked. The research question was:“How well can the three chosen third-party...