To maintain the license webservice you can open the IIS manager app, click on the Application Pools in the left-hand panel and select the SMatLM pool to access its properties.
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The license webservice needs to be available while Smart Materials or Smart Reference Data products are in use. Otherwise users might be unable to login or navigate between screens.
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If you restart the license webservice while users are working in Smart Materials or Smart Reference Data applications, the service will be initialized again. Previously connected sessions will need to request a new license.
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Note, that virus-scan or backup actions might touch file attributes in LicenseService folder, this could make the application recycle.