Types of Companies and Projects

[Bhanu Teja Nukala]

What are the different types of companies and different types of projects?

[1180793807]

generally there are two types of companies
1. product based in which the company itself develop the projects or the application and provide them directly to the market. such company as Microsoft come under this where they provide there own software made by the company itself.
2. service based in which the company undertakes the needs or the requirements of the other company whether big or small, and develop the product accordingly for their need. companies such as tech mahindra, cognizant etc come under this where they have the client requirement and they make or develop product for them.

[1181278405]

For a product based company, installation of the final product is done at client's place, whereas for service based company, deployment is done at the client's place.

[1181059202]

There are two types of IT companies : a) Project development IT companies b)Application development IT companies .
For Project development companies , the IT company will have the concept and will invest time and money to build the product. eg. Oracle, SAP
For Application development : Client will have an requirement and will engage an IT company to develop an IT application . eg , TCS, CTS

[1182916109]

Types of  Companies: There are two types of companies
                                a. Product based companies: These companies are used to develop products which might be or might not be
                                                                           related  to software 's, but they need IT department to make the product, there are
                                                                           some  companies that worked on the product based
                                                                            1. IBM
                                                                            2. SAP
                                                                         
                                b.Service based  companies: These are the companies which is used to give the services to the products are
                                                                            called as service based companies
                                                                             1. i cracked
                                                                             2. TCS
Types of projects: There are two types of projects
                           a. Fixed bid projects: Budget and time will be fixed
                           b. Billing projects : Resources working in the project will be billed to the client on the hourly basis.
                                                                         

[1192357311]

Product Based companies uses COTS (Commercial of the shelf). It develops a product and can be used uniquely by all the users.
Service Based Companies uses MOTS (Modified of the shelf). It designs and develops a product based on the client environment.

[1190956211]

In service based company the software development is for a single client mostly. That means there are specific requirements that customer wants. There are SMEs with services companies who know the client enough to understand what they say and then translate that to developers. Developers make sure customer can use the software like they desire.

In product companies, the focus is to develop software to be as configurable as possible. So that it can be used by it's variety of customers almost out of box. There would be dedicated product managers who look at customer requirements and plan a roadmap for the next set of features to be built it into products.

[1191214910]

Types of  Companies: There are two types of companies
                                a. Product based companies: These companies are used to develop products which might be or might not be
                                                                           related  to software 's, but they need IT department to make the product, there are
                                                                           some  companies that worked on the product based
                                                                            1. IBM
                                                                            2. SAP
                                                                         
                                b.Service based  companies: These are the companies which is used to give the services to the products are
                                                                            called as service based companies
                                                                             1. i cracked
                                                                             2. TCS
Types of projects: There are two types of projects
                           a. Fixed bid projects: Budget and time will be fixed
                           b. Billing projects : Resources working in the project will be billed to the client on the hourly basis.
                                                                         

[1190246302]

 There are two types of companies
1.product based company
2. service based company

[1181698407]

IT-Focused Projects.New Opportunity and Strategy Projects. Operations Focused Projects.
These types of projects are often about changing the way people perform their roles. They can also involve updating the current IT systems. Or they can be a combination of both.

[1200684702]

Two types of companies:
1. Product based in which the company develops the projects or the application for itself.
2. Service based in which the company undertakes the needs or the requirements of the other company and develops the product.

[1200601205]

In general there are 2 Types of IT Companies and Projects :-

a) Product Development IT Companies :- In Product-Development IT companies, IT company will have the concept of the product and they invest time & money to build the product and the IT company initiates the development of the product & it is the owner of the developed product.It will sell the same product to multiple customers with required customizations for each customer.
Example of such companies are :- Microsoft, Oracle, IBM, SAP, CRM
The Role of a Business Analyst in such a Product development IT company, is to understand the product features,understand the product domain and where the product fits in the domain and understand the Client's requirements and to analyse what customizations are required to be made to make the product suit the client's requirements.


b) Application Development IT Companies :- In Application-Development IT companies, Client will have a requirement and will engage an IT Company to develop an IT application. Client initiates the development and Client is the owner of the developed application. Client will be the only customer for this application and Deployment will be done at the Clients place.
Example of such companies are :-Infosys, TCS, Wipro, Satyam
The Role of a Business Analyst in such a Application-development IT company, is to understand the Client Industry,domain and to understand the Client requirements.

[1202408606]

IT companies are broadly classified into two categories
1. product based company-  is a company that makes products that might be/might not be related to software but they need IT deparment to make to make the product.example samsung ,adobe.
2. service based company-is a company that provides that provides software products and services to anyone who asks for it and have to pay for it. example TCS
PROJECT TYPES
1.fixed bid projects- both the budget and time will be fixed .
2.billing projects-resources working in the project are billed to the client on the hourly basis.

[1200111407]

Types of  Companies: There are two types of companies
 Product based companies: These companies are used to develop products , for that they need IT department to make the product, there are some  companies that worked on the product based
                                                                            1. IBM
                                                                            2. SAP
                                                                         
 Service based  companies: These are the companies which is used to give the services to the products are called as service based companies
                                                                             1. Accenture
                                                                             2. TCS
Types of projects: There are two types of projects
                           a. Fixed bid projects: Budget and time will be fixed
                           b. Billing projects : Resources working in the project will be billed to the client on the hourly basis.