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product development vs IT services
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Answer Posted / raj chaitanya
IT services is a broad definition that may involve
Infrastructure services, data services, application
development, maintenance, Testing etc.. which may be for an
internal client or external client. Here the
requirements/specifications/service levels are set by
clients, internal or external. Also the term of these
services is definite as specified by the project and the
deliverables are delivered.
whereas Product Development is a specific activity of
development of products where the
requirements/specifications/service levels are decided
internally within the company. The development cycle for a
product is different from that of a regular IT services as
in it depends on the life of a product and how it evolves
and changes over a period of time.
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