Is Infosys a Service Based or Product Based Company?
Infosys is regarded as one of the best employee-friendly organizations. It provides entry-level professionals with numerous work opportunities in a dynamic and engaging workplace environment.
While preparing for an interview, aspiring candidates sometimes ask, “Is Infosys a service-based or product-based company?“. This question is usual with candidates who get confused with the difference between a product based and a service based company.
Here is a guide for those aspiring Infosys candidates to help clear any confusion.
5 Reasons Why Infosys is a Service-Based Company
These are the reasons why Infosys is a service-based company:
1. Meaning
Infosys offers solutions in the form of services customized to client’s requirements.
Whereas product-based companies create a product for a specific need and distribute it to a broad audience in the target demographics.
2. Deadline
Infosys consumers decide project time frames after consultations tailored to their specific requirements.
Whereas traditional product-based companies’ internal management decides the project deadline according to market conditions.
3. Turnaround Time
Infosys turnaround time is low and depends on the client’s unique needs. Most Infosys clients have been with them for many years due to continued service requirements.
Whereas product-based companies turnaround time is very quick as the quality and well-marketed products are purchased immediately by the customers.
4. Team Size
Infosys maintains large team sizes, and the teams are considerably more distributed, with one or more people performing remarkably similar tasks.
Whereas product-based companies use relatively small, close-knit teams, with each member performing a specialized and outlined responsibility.
5. Marketing
Infosys spends a very modest amount on advertising and instead approaches target clients to give personalized services.
Whereas product-based companies invest a significant amount of their revenue in marketing their products.
FAQ
1. Is Infosys a Product-Based Company?
No, Infosys is not a product-based company because it does not create a product for a specific need and distribute it to a broad audience.
2. Is Infosys a Service-Based Company?
Yes, Infosys is a service-based company because it offers solutions in the form of services that are customised to clients’ requirements.
3. Why is Infosys a Service-Based Company?
Infosys is a service-based corporation because its turnaround time is low and its large team sizes, in addition to its modest marketing budget.
4. Why is Infosys not a Product Based Company?
Infosys is not a product-focused corporation because its marketing budget is modest, and clients set deadlines based on their needs.
The Bottom Line
We hope this article helps you understand the reasons why Infosys is a service-based and not a product-based company. If you have any queries or suggestions, feel free to let us know in the comments section.
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Thirumoorthy serves as a teacher and coach. He obtained a 99 percentile on the CAT. He cleared numerous IT jobs and public sector job interviews, but he still decided to pursue a career in education. He desires to elevate the underprivileged sections of society through education
Thirumoorthy serves as a teacher and coach. He obtained a 99 percentile on the CAT. He cleared numerous IT jobs and public sector job interviews, but he still decided to pursue a career in education. He desires to elevate the underprivileged sections of society through education
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