2016 License Upgrade
We have made changes to our licensing model and feature codes. In order to install the current and future releases and take advantage of new features you will need to upgrade your product and use a new serial number.
Required Product License Upgrade for Intel® Parallel Studio XE 2016
You will need to update the Intel® Software License Manager with the new 2016 license on the server(s). Make sure you have the latest supported version of the Intel® Software License Manager. If the license was set up correctly, no change is necessary on the clients. However, it may be the case, that client licenses haven't been set up correctly and the user must apply some hand-tuning.
How to upgrade to 2016 Floating License
For additional information check out the Licensing FAQ