What is the difference between Product-based company and
Projects-based company?

Answer Posted / shiva

Product based company:
It develops the software tools and sells to their
customers, at the same time it considers the feedback from
the customers and make changes to the tools as per clients
requirements.
eg: Ramco is a product based company. It provides
software to aviation MRO(Maintenance, Repair and
overhaul) projects.

project based company:
These are the end users of the software tools that are
developed by a product based company for there work or
project to be done in a systematic way.


This is my idea, let me know if i am incorrect.

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