Product Development and Application Development?

[GiridharanK]

Wha tis the difference between Product Development and Application Development?

[Dasika]

product development : 1. IT Company will have the concept and they invest time and money
                                     2. company initiates the development
                                     3. customizations are done if required
                                     4. IT company is the owner of the product
                                     5. this company can sell the product to multiple clients
                                     6. installation will be done at the clients place
                                     7. some of the examples for product based companies are : microsoft , oracle , ibm , sap .
 
application development : 1. client will have a requirement and will engage an IT company to develop application
                                         2. client initiates the development
                                         3. client is the owner of the application
                                         4. client will be the only customer for this application
                                         5.some of the examples for application development companies are infosys , tcs , wipro , satyam . 

[Sanyam]

The basic difference between product and application development is that product development depends on overall requirement in the market whereas application development depends upon customer requirement specifications.

[Sreeteja]

Wha tis the difference between Product Development and Application Development?

Small funny example for these..
              we want Dosa to eat

                                   1.We will prepare it only for ourselves with sufficient batter at home----Application development
                                   2.In hotel same dosa prepared for multiple people with large amount of batter and their own ingredients --product development.

I hope it is understandable..
               
     

[Vasantharaj]

                 
S.No   Product Development Company                                                     Application development Company
1   Product development companies are IBM, Microsoft, SAP etc.             Application development companies are Infosys, TCS, Wipro etc.
2   Company is the owner of the developed product.                             Client is the owner of the product.
3   IT company initiates the product                                                     Client initiates the product
4   Installation is done                                                                             Deployment is done

[111222333]

Product Development :-
1. IT company will have the concept and they invest time and money to build the Product
2. IT company initiates the development
3. IT company is the owner of the developed product
4. IT company will sell the same product to multiple clients or customers
5. Customizations are done if required for each customer
6. Installations are done at the client's place
Eg : Microsoft, Oracle, IBM, SAP, CRM

The role of the BA in Product development companies -
1. Understand the product features
2. Understand the product domain
3. Understand where this product fits in the domain
4. Understand the client's requirement
5. Understand what customizations are required for this product to fit in the client's requirements


Application Developement IT Companies
1. Client will have a requirement and will engage an IT company to develop an IT Application
2. Client initiates the development
3. Client is the owner of the developed application
4. Client will be the only customer for this application
5. Deployment will be done at the client's place
Eg : Infosys, TCS, Wipro, Satyam

The role of a BA in Application Based companies :
1. Understand the client industry
2. Understand the client requirements domain