What to choose?

 There are thousands of IT companies in the market. Basically they are of two types, i.e. product based and service based. Freshers get confused between these two while choosing their professional career.  You should choose your career based on your skills and interests.

Here are some information that will definitely help you to choose your career based on your interests and skills.

Product Based Companies

Here the number of rounds of the interview can be more than the service-based company. The key area they focus on is data structure and algorithm analysis. They basically need a candidate with good exposure to these domains because they expect them to be able to do the specific task with minimal training provided.

Since you will be a part of the product development team, the learning curve will be far better than the service-based company. They generally use an optimized way of coding, so the learning graph increases linearly which gives you a vast exposure in a short span. They maintain a clear boundary between development and support work, so a candidate can be dedicated to the assignment and their learning will be awesome.

It’s better compared to Service-based companies. As you are paid for the effort you put into the work. When we talk about appraisal then these companies are very much transparent which means it purely depends on your performance. Here there is a high probability of getting a double-digit hike during the appraisal cycle.

The interaction and coordination between the team members are more because of the limited numbers of employees. And the company with fewer no. employees experience minimal politics and favoritism issues. But yes, the work is quite noticeable and challenging here.

Service Based Companies

The interview rounds are comparatively lesser which consists of 3-4 rounds (2 technical,1 behavioral/Managerial and last HR round). They hire people for a certain specific project. If you have any specialization or prior work experience in that domain, your chances to get selected would be more. The selection and rejection are very uncertain here, so you won’t be able to figure out why you are rejected. But yes, if you are a fresher then a service-based company can be a boon for you because some of the companies believe in providing good training to the candidate. Usually, you will be tagged to the project based on your performance at the end of the training. The people with good outcomes in training exams could get a chance to work in development or testing assignments. Indian tech giants like Infosys, TCS, Cognizant spends a substantial amount of money on training. So, if you want to learn and work then service-based companies seem to be an ideal location for you.

Salary is quite average. Appraisal and performance bonuses are quite rare. On contrary to this the top performers are always offered with good ratings and appraisal. You need to be the best of your team. And this is something that is common for both service and product companies. Hard work is payed-off in both places.

The work culture is good for a person who believes in working across the cycle. You will be appreciated based on the team and not an individual’s hard work. There’s a lot of pressure even though the work given here is just support and maintenance. In the end, it all depends on the project you are ended up in. Service-based companies also hold good development projects where you have a good opportunity for learning as well as growth.

There are many service companies who have launched their products in the market and if you find yourself technically sound then you might get a chance to work on that. Similar to this the product companies also hires people to support their existing developed products where new development will be less to minimal. So always be prudent in your decision of choosing your career.

Thanx for reading. I hope it helps.