As a fresher in the IT world, at some point, you would have faced the question “Would you join a product-based company or a service-based company?”
Let’s say, you aspire to work for a Product-Based Company. And, why not, there are many highly reputed companies that fall in this category.
Be that as it may, do they equally contribute to our growth? Is it true that you are truly made for them and the other way around? What is the scope of these companies? We will attempt to comprehend these inquiries in this article is a basic yet viable manner.
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So, come on! Let’s dig deep into what these companies truly are and what purpose they serve.
Table Of Contents
- What are Product-Based Companies?
- Why join product-based companies?
- List Of Product-based Companies In India
- Frequently Asked Questions
What are Product-Based Companies?
Product-based companies are driven by a plan to introduce products that have good market value and satisfy a wide range of customers. Here the principal spotlight would be on “How can I improve the product?”. “Quality” is the king here! They are ceaselessly dealing with improving and adding new features to the product utilizing different technologies.
Still incomprehensible? Let us understand with the help of an example.
Imagine you are going to the shopping complex to purchase a ready-made dress. There, you’ll see that the dresses are as of now made in standard sizes. You’ll choose the size, design, and color that suits you best.
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These dress production companies are an example of product-based companies as they produce dresses in every size and design to satisfy a wide range of customers. They introduce a variety of products concerning different seasons or trends according to the market survey. Particular brands also advertise their products to get customer attention.
Hope you are all clear at this point!!
Why join product-based companies?
At whatever point you want to join a product-based company, you need to be clear about WHY you want to work there and What scope it holds for your future. The product you are working on must not be one among that tenderfoot one that has no degree on the lookout.
Working in a product-based company comes across various professional advantages. Let’s list out some:
- Here, the shot at dealing with new tech stacks is extremely high as the world is changing each day and you need to continue to update your item similarly. So, if you are tech-savvy this is the perfect fit for you! Each time you are expected to do better as there is consistently an extent of improving the product.
- Here, you have scope to explore domains other than the coding world. You will get hands-on experience on different business methodologies and analyze customer mindset. You will get to understand the market status and strategize better. In the future, if you want to go for entrepreneurship yourself, nothing can stop you.
- As quality is the king here, a huge amount of importance will be given to your code quality and efficiency. This will cause your knowledge and learning graph to go up.
- The emphasis is more on your ability and accordingly, the salary is good. Products are not client-specific here, so is the investment in the companies, so they pick better people with better ability and give you better pay rates to ensure employee satisfaction. The appraisals here purely depend on your performance.
- Any groundbreaking thought is constantly invited. It might change the entire business line. In this way, developers are urged to share their thoughts and have an active role in shaping the product. At the point when your own thought gets endorsed and is carried out, you acquire satisfaction and pride.
- You would get extensive learning opportunities in a product-based company. Here you will get difficulties that will take you towards development. Everything will be amazingly cutthroat and intense here. Some products might not work in the market. You need to keep your morale up in such a situation. Every product is going to click in the market eventually if the right strategies are applied. With durability, you develop, and you thrive.
List Of Product-based Companies In India
Adobe Inc. initially called Adobe Systems Incorporated, is an American worldwide program organization. Consolidated in Delaware and headquartered in San Jose, California, it has truly spent significant time in programming for the creation and distribution of a wide scope of content, including designs, photography, multimedia, animations. Adobe has offices located in New Delhi, Bangalore, and Noida.
Products: Acrobat Pro (multi-device PDF solution), Photoshop (to edit, composite, and create images, graphics), Illustrator (to create beautiful vector art and illustrations on desktop and iPad), Spark (to create graphics, web pages, and video stories), InCopy (to collaborate with copywriters and editors), etc.
Products predominantly cover the domains of e-commerce, cloud computing, digital streaming, and artificial intelligence. Founded by Jeff Bezos, Amazon was started as an e-commerce site for books and expanded to a whole lot of products gradually. Amazon is headquartered in Seattle, Washington. It also manufactures consumer electronics including Kindle e-readers, Fire tablets, Fire TV, and Echo devices. Office locations in India include Bangalore, Mumbai, Chennai, Pune, and Gurgaon.
Products: AmazonFresh, Amazon Prime, Amazon Web Services, Alexa, Appstore, Amazon Drive, Echo, Kindle, Fire tablets, Fire TV, etc.
CISCO headquartered in San Jose manufactures telecommunication equipment and networking equipment. They also focus on Internet Of Things(IoT) devices, energy management, and domain security. Cisco has offices located in Gurgaon, Mumbai, Bangalore, Chennai, Pune, Kolkata, and Hyderabad.
Products: All kinds of products related to networking –
Switches, Routers, Wireless, Software-defined networking,
Cisco Silicon One, Interfaces, and modules, etc.
All kinds of products related to security –
SecureX platform, Secure Firewall, Secure Endpoint, Secure Email, etc.
All kinds of IoT devices –
Industrial Networking, Routers, Gateways, Industrial Security equipment, Industrial Connectivity Management, Extended Enterprise, Data Management, Industrial Sensor Solutions, etc.
Amdocs, founded in Israel, focuses on software related to communication, media, and financial services. Office locations in India include Mumbai, Pune, and Gurgaon.
Products: Most of the products are in telecommunication like Amdocs billing product(ABP), customer relationship manager(CRM), etc.
Founded by Mark Zuckerberg and his Havard fellows. Facebook has its headquarters located in Menlo Park, California. It is the most worldwide used social networking site.
As of 2020, Facebook claimed to have 2.80 billion active users. It is ranked seventh in global internet usage.
Products: Facebook, Instagram, Watch, Portal, Oculus, Whatsapp, etc.
Founded by Larry Page and Sergey Brin, it focuses on search engines, product advertising techniques, a cloud computing software, and hardware. Googleplex is the headquarter of Google located in Mountain View, California. In India, Google has offices located in Gurgaon, Mumbai, Bangalore, Chennai, Pune, Kolkata, and Hyderabad.
Products: For work and productivity (Google Docs, Google Sheets, and Google Slides), Gmail, Google Calendar (scheduling and time management ), Google Drive (cloud storage), instant messaging and Google Duo, Google Chat, and Google Meet(video chat), Google Translate (language translation), mapping and navigation (Google Maps, Waze, Google Earth, and Street View), YouTube (video sharing).
It was founded by Bill Henry Gates and Paul Allen in 1975. Microsoft is headquartered in Redmond, Washington, US. It produces consumer electronics, operating systems, and software. Currently, they have over 8000 employees in India. Office locations in India include Bangalore, Chennai, Hyderabad, Ahmedabad, Kolkata, Mumbai, and Kochi.
Products: Microsoft office suite, Microsoft Windows, Edge web browsers, etc.
HP was started as a part-time job in a garage by Bill Hewlett and David Packard. It is headquartered in Palo Alto, California. It focuses on the manufacture of hardware products. The consumers belong to various sectors i.e. public, health, education, IT, etc.
Office outlets in India are located in Bangalore, Chennai, Lucknow, Kolkata, Mumbai, and Gurgaon.
Products: HP Web Jetadmin printer management software, HP Output Management suite of software, consumer PCs and accessories, (e.g., HP Pavilion, Compaq Presario, VoodooPC), etc.
Informatica is a software development organization, headquartered in Redwood City, California. It focuses on the domain of data integration and cloud data management. Office locations in India include Mumbai, Bangalore, and Hyderabad.
Products: Data Catalog, Axon Data Governance, Informatica Data Quality, Data Protection, etc.
Intel is headquartered in Santa Clara, California. It is the world’s largest semiconductor chip producer and is a producer of microprocessors used in our PCs. It supplies microprocessors to top computer manufacturers HP, Dell, and Lenovo.
The name “Intel” comes from Intelligent Information. Office locations in India include Bangalore and Hyderabad.
Products: semiconductor chipsets, motherboard chipsets, network interface controllers, integrated circuits, flash memory, graphics chips, embedded processors, etc.
McAfee is headquartered in Santa Clara, California. McAfee focuses on digital security tools like anti-virus packs for computers and mobile devices. McAfee operation centers can be found in Mumbai and Bangalore in India.
Products: McAfee Change Control, McAfee DAT Reputation, McAfee E-Business Server, McAfee Entercept, McAfee SiteAdvisor, McAfee VirusScan, etc.
Paypal, headquartered in San Jose, California, focuses on the online payment system and stresses avoiding traditional money orders and cheques.
PayPal plans to make India a hatching community for the organization’s employee engagement policies. PayPal presently has the biggest worldwide designing group in India outside of the US that is spread over Bengaluru, Chennai, and Hyderabad.
Product: Online payment gateway using PayPal
Salesforce is headquartered in San Francisco, California. In India, Salesforce Offices can be found in Mumbai, Bangalore, Hyderabad, and Gurgaon.
In 2021, Fortune magazine positioned Salesforce second on its rundown, “100 Best Companies to Work For,” in light of employee overview of satisfaction.
Products: Products are mainly focused on issues, tasks, and customer management. Sales Cloud, Service Cloud, Platform, Marketing Cloud, Commerce Cloud, and Community Cloud.
VMware, Inc. is an American cloud computing and virtualization innovation organization settled in California.
VMware was the principal economically effective organization to virtualize the x86 microprocessor architecture. VMware Office locations in India are Bangalore, Chennai, and Pune.
Products: A range of video adapters, network adapters, hard disk adapters, VMware workstation, VMware fusion, vRealize Suite, etc.
Intuit’s products mainly focus on the financial domain. Intuit was founded by Scott Cook and Tom Proulx.
Intuit is headquartered in Mountain View, California. Intuit has established its office in Bangalore in India.
Products: TurboTax (tax preparation app), Mint (personalized finance app), etc. Intuit released Intuit Money Manager for Indian customers, a personal financial manager.
Flipkart is an Indian e-commerce organization, settled in Bangalore, India. It started as an online bookselling platform and further extended the platform to consumer electronics, fashion, home essentials, groceries, and lifestyle products.
Products: Flipkart e-commerce website, PhonePe (UPI based mobile payments app)
Uber Technologies, Inc. focuses on cab services, food delivery, ridesharing, package delivery. It is based in San Francisco.
Uber has over 93 million monthly active users. Office locations in India include Bangalore, Gurugram, and Hyderabad.
Products: UberX (ride-sharing mobile app) and Uber Freight (managers shipments).
Oracle is a software technology corporation headquartered in Austin, Texas. In 2020, Oracle was recognized as the second-largest software company by market revenue and market capitalization.
The company predominantly sells database management systems, cloud-engineered systems, etc. Office locations in India include Mumbai, Bangalore, Pune, Gurgaon, and Chennai.
Products: MySQL, Oracle NoSQL Database, Oracle Rdb, etc.
SAP (Systems, Applications & Products in Data Processing)
SAP is a German multinational company based in Walldorf, Baden-Württemberg, Germany. It produces software that focuses on making business operations easier and customer relationship management.
SAP office locations include Bangalore, Mumbai, New Delhi, and Kolkata.
Products: SAP CRM (Customer Relationship Management), SAP ERP (Enterprise Resource Planning), SAP PLM (Product Lifecycle Management), SAP SCM (Supply Chain Management), SAP SRM (Supplier Relationship Management)
BMC, named after the surnames of its founders Scott Boulette, John J. Moores, and Dan Cloer, is headquartered in Houston, United States.
BMC provides services in domains including IT operations, service management, cloud computing, and automation. Office locations in India include Pune, Mumbai, Bangalore, and Delhi.
Products: Control-M software (can manage thousands of batch jobs on a daily basis), Helix Suite (includes IT service management and operations management)
Hope you have a clear idea about product-based organizations by now and assuming you are truly energetic about coding, start your preparation and ace your interview. I trust YOU know where you are going 🙂 Best of Luck!!
Frequently Asked Questions
Here are the most frequently asked questions and answers on product-based companies.
Are there product-based companies in Bangalore?
Yes, Bangalore is the hub for product-based companies. Few product-based companies in Bangalore include VMware, CISCO, Microsoft, Flipkart, Intel, Adobe, etc.
List a few product-based companies in Hyderabad?
Along with companies mentioned in this article, there are also companies like ADP, Electronic Arts, Nvidia, Qualcomm, Uber, ServiceNow, and more in Hyderabad.
What is a product-based company?
Companies that focus on introducing products with a good market value and satisfying a wide range of customers.
How do I get into product-based companies?
Having a decent understanding of OOP(i.e. Object-Oriented Programming) and DSA(Data Structure and Algorithms) concepts and a few hands-on practices can assist you with getting prepared.
Build good projects that would make your resume stand out. Keep on looking and applying for job opportunities across popular job portals and career pages belonging to companies. Believe in yourself, be confident and you can ace any interview.
Are product-based companies good?
Product-based companies are extraordinary spots for career growth. Watching one’s own ideas getting executed creates a sense of achievement. The focus is on your knowledge, hence the salary is good here.
What do product-based companies do?
Product-based companies design and develop their products for a wide range of customers. Once the product is ready, it is released into the market. Further developments can be made according to customer reviews.
Are there product-based companies in Chennai?
Yes, a few top product-based companies in Chennai are Amazon, Paypal, Zoho, Freshdesk, etc.
Are there product-based companies in Pune?
Yes, a few product-based companies in Pune include Amazon, BMC Software, CISCO, Quick Heal, and more.
Is Zomato a product-based company?
Yes, Zomato is a product-based company that focuses on food delivery and menus, information, user reviews of restaurants. Office locations include Bangalore, Pune, Gurgaon, Noida.
Highest Salary Jobs in India
How To Switch From Service-based to Product-based
IT Companies In India
IT Companies In Bangalore
Difference Between Product and Service Based Company
Which is the best product based company to work in India? ›
There are many product-based companies in India. Some of them include Adobe, Amazon, Microsoft, HP, Intel and Facebook.Is TCS a product based company? ›
Yes, TCS is a service-based company.Who is the No 1 IT company in India? ›
TCS is the largest IT Company in India in terms of revenue. TCS is often considered a big bull for offering IT services like consultancy and other business solutions. TCS was ranked at 64th position in the Forbes World's Most Innovative Companies ranking, making it the highest-ranked IT service company.
It is obvious for most engineers to look up to joining a product-based company. But it is not easy to get there. It is not very difficult as well. It requires a different kind of preparation and a lot of hard work.Can a fresher get job in product based company? ›
There are ample product-based organizations that hire freshers; thus, you can get a job in your dream company with a positive approach and the right actions. An attractive resume enriched with practical knowledge, strong programming skills, and good networking assists you in getting your desired jobs.Is Capgemini a product based company? ›
Capgemini SE is a multinational information technology (IT) services and consulting company, headquartered in Paris, France.Is Accenture product based company? ›
Accenture, a professional service provider in Ireland, is one of the world's leading service-based companies globally, offering its customers a broad range of services.Is Deloitte is product based company? ›
Deloitte - Extremely good as a service based company but not a good innovator or in-house product developer | Glassdoor.Is HCL product based company? ›
No HCL is a services based company.Is Infosys product based company? ›
Product-Based vs Service-Bases Company
These companies may or may not have their products, but their primary business is service. They work for other organizations or we can say they are clients of Product Based companies. Examples are Infosys, Wipro, TCS, Cognizant, etc.
How much do product based companies pay in India? ›
3,00,00,000 - 4,50,00,000 PA.What is the salary in product based companies in India? ›
Average Annual Salary by Experience
Product Developer salary in India with less than 1 year of experience to 8 years ranges from ₹ 2.7 Lakhs to ₹ 15.4 Lakhs with an average annual salary of ₹ 7 Lakhs based on 1.3k salaries.
1. Google: Google has consistently been ranked top due to its incredible pay and distinctive business procedures. One of India's top workplaces, according to the firm, is India. According to some reports, Google pays its employees a salary that is 40% more than that of other businesses.Which product based company gives highest salary to freshers in India? ›
Tata Consultancy Services Ltd (TCS) offers an annual salary ranging from Rs. 1,82,970 to Rs. 6,45,044 (max) to freshers.