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Aricent or the Aricent Group, as it was recently re-branded, is a global innovation and technology services company that offers a wide range of innovation services to their clients. The services include market research and consumer insights, strategy, design, software engineering, and systems integration. The Aricent Group has also developed numerous pre-tested, ready to use software frameworks for telecom network infrastructure products that help telecom equipment manufacturers to quickly develop new products.

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Q: Is aricent a product based company?
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What is the difference between product development and service development?

Product based company will be involved in the development of Product like a Telecom Product or Billing Product etc., Microsoft is a Product based company.Service Based company will be involved in the development of Application which will used to serve the various sectors such as Insurance, Health care, Retail, Banking etc., There are lot of Service based companies such as TCS, Wipro, Satyam etc.,


What is product adaptation?

Product adaptation is a kind of marketing strategy wherein a company develop new products. The new product is based on modification of existing items.


What is Competition Based Pricing?

Competition based pricing is a price set by a company for a product to compete with another company's pricing. Production and distribution costs are ignored to drive demand towards another brand. This method of pricing can cause a long-term decrease in product perception and decrease a product's value for future profits.


Is TCS is service or product based company?

TCS is mainly a Project Based Company also called Service based. Project based is the actual term. Though they have their own product like TCS BanCS (Financial service product) etc. their contribution to service is more than productsProject based company:Developing an application based on clients requirement.The application will be released only to the particular client.Ex: TCS, CTS, INFOSYS, POLARIS, WIPRO etc.Product based company:Develop an application based on their own requirement.It will be released to open Market and they make money based on the salesEx: Apple, IBM, Microsoft, hp, Google etc.


What are the purposes of Product Development and IT Services Companies?

Product development company is one which develops its own products and markets them. Where as IT services company is one which is based on projects from various government or non-government organizations. e.g. Oracle, Microsoft, Symantec are product companies where as Wipro, TCS and Infosys are IT services companies

Related questions

Aricent is US based company or Indian Company?

Aricent is based in New Jersy, USA


Which is better company among aricent and hcl technologies?

ARICENT


What is the population of Aricent Group?

The population of Aricent Group is 2,010.


When was Aricent Group created?

Aricent Group was created in 1991.


What is Aricent Group's population?

The population of Aricent Group is 10,000.


What is Aricent's tagline?

Communication Powers World!! Aricent Powers Communication!!!


Definition of product based company?

A product based company is a company that uses, electronic transactions for business purposes. They commonly combine both advertising and company products to help create an income for the company.


Difference beteween a product development company and IT service company?

Product based company is one which develops the its own products like hardware monitors , keyboard etc . Product based company uses there own idea to introduce theire product and they work on them from scratch to product. whereas Project based companies provides services to those products or to projects which were developed by other companies.


What based company is HCL service or product?

both..


Company details of Tekbos?

Software product development company based in Bangalore.


What is the difference between project based company and product based company?

Product Based companies generally make and sell their products. For example, Coca cola, Pepsi, Colgate. They manufacture the products in the plants, market and sell them with profit to the customers. Services based companies sell their services to the clients. Any company providing services to commercial entities/businesses or consumers, e.g. consulting, engineering, medical, recreational, therapeutic, financial, etc.


What is the difference between product development and service development?

Product based company will be involved in the development of Product like a Telecom Product or Billing Product etc., Microsoft is a Product based company.Service Based company will be involved in the development of Application which will used to serve the various sectors such as Insurance, Health care, Retail, Banking etc., There are lot of Service based companies such as TCS, Wipro, Satyam etc.,