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

Answer Posted / 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

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