Product Based and Service based Companies - Differences , Examples

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Product-Based and Service-Based Company 

What is a Product-based company?

They develop software products and sell them to many companies which may need the software and make profits for themselves

They are the sole owners of the product they develop and the code used and sell it to other companies which may need the software.

Example of Product-based Companies

Here some of the famous product-based companies are listed below.

Ex – Oracle, Microsoft

Top Product-Based Companies in India

Here the Top product-based companies in India are listed below.

• Flipkart
• Adobe
• Amazon
• Amdocs
• Facebook
• Microsoft
• HP
• Informatica
• Intel

What is a Service-based company?

A service-based company is one that provides customers, and clients with the ultimate solution to their requirements or a service to another company. 

Example of Service-based Companies

Here some of the famous product-based companies are listed below.

Ex – IBM, NTT Data, etc.

Top Service-based Companies in India

• TCS
• Infosys
• HCL
• Wipro
• Redington India Ltd
• Tech Mahindra Limited 
• Bharti Airtel
• Deloitte More items...

What is the difference Between Service based company and Product Based Company?

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