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Wednesday, August 28, 2013

Product Based Company Vs Service Based Company

It is often people confuse with product based company and service based company, more over freshers are not that much aware about this. In this article i would like to narrate what is product based company and what is service based company.

Product based company  develops a product that meets the requirement of the market, it does not depend upon the requirement of one particular customer.

But Service based company  develops a product that meets the requirement of one particular customer.

Service based companies are target oriented, they have limitations that the product has to be deployed with the specified requirements, in the specified time.

That is not in the case of a product based company, they work very leisure with plenty of time yet it is more market oriented, the product has to reach the market before some better product reaches.

there is lot of scope to expand the framework of the product deployed by the product based company than service based company, hence freshers inside product based company can learn much and will have much freedom  than service oriented company.

Tata Consultancy Services will the best example for service oriented company that operates globally.

CollabNet Software Private Limited (www.collab.net) will be the example for product based company that operates in 8 countries, and ofcoz this is the company where i started my career in IT Sector..:)


Best wishes

Regards

Praveen Kumar Rajendran M.E

Sathyabama University.


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Item Reviewed: Product Based Company Vs Service Based Company Rating: 5 Reviewed By: Praveen Kumar Rajendran