Product-Based Companies vs Service-Based Companies | IT Industry | Software Engineering |

Before you make a decision to pick a side, it is important to understand what are the key differences between service-based companies and product-based companies. Here’s a quick 60-second byte to help you understand these differences.
What is a product-based company?
A product-based company is a business that primarily sells physical products, as opposed to services. These products can be manufactured by the company itself or sourced from other suppliers. Examples of product-based companies include clothing retailers, electronics manufacturers, and grocery stores.
What is a service-based company?
A service-based company is a business that primarily provides services to its customers, rather than selling physical products. The services provided can vary greatly depending on the company, but they typically include activities such as consulting, advising, training, or performing a specific task or function. Some examples of service-based companies include accounting firms, law firms, consulting firms, IT services companies, marketing agencies, and customer service centres.
What is software engineering?
It’s a branch of computer science that focuses on the design and development of computer systems and application software.
Software engineers are experts in programming languages, software development, and operating systems and they use engineering principles to create software.
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#servicevsproduct #softwaredeveloper #product #softwareengineering

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[@priyakadakia2090]

Amazing content Scaler💯🙌🏼

[@boomerang0101]

service based companies suck when compared to product based companies as per my experience.

[@karthik8268]

Nice comparison!

[@SCALER]

Thanks! Keep an eye out for more such videos! 😃

[@Kodeeee]

Good point about onsite tho

[@prachiipandeyy]

This was very helpful!

[@SCALER]

Thanks! Glad this was helpful! 😃

[@DeviDevi-yr2sv]

Is barclays product based company??

[@minal4801]

service based company

[@AbdullahAlmulla-sm2en]

😊😊😊😊😊😊😊