what is the difference between product and application?
Answer Posted / santoshnathan
Sorry aneel,
Application in the sense,it is depending on the customer
requirement specification.(Single customer)
where as product in the sense,it is depending on the overall
requriments in the market.(Multiple users)
Eg for Application:Medical billing
Eg for Product:Insurance application(ICICI,LIC,BIRLA etc.,)
Product in the sense it not a equipment,it is also a
application but used by multiple customers where as
application in the sense used by single customer.
I hope it is clear.OK
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