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What is the difference between product based and service
based IT companies?

Answers were Sorted based on User's Feedback



What is the difference between product based and service based IT companies?..

Answer / karuna

Product based company:
The company which will have their own products .These products are used by the other companies by paying money to this companies.
As sridhar ganeshan suggested Microsoft is a product based company


Service Based Company:
These companies depend on the clients.Means that,they will develop a product or an application for the other companies. Ex: TCS

Is This Answer Correct ?    47 Yes 1 No

What is the difference between product based and service based IT companies?..

Answer / srini

Product based companies need to have a much longer term
orientation.

While service based companies need to map the existing
business rules of a client, product companies need to
reflect emerging business rules across the domain.

Is This Answer Correct ?    13 Yes 30 No

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