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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 products

Project 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 sales

Ex: Apple, IBM, Microsoft, hp, Google etc.

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Q: Is TCS is service or 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 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


Who are the competitors for the TCS in the world market as well as in Indian market?

Competitors:InfosysMahindra SatyamWiproHCLPatni ComputerFinancial TechOracleIBMCap geminiAccenture


What is a service level agreement and what is it used for?

Where one party delivers services to another, it is a good idea to have some kind of agreement setting out the basis on which the service is provided. Such agreements would normally contain, among other things, a description of what is to be provided, the key performance indicators, the way the service is to be charged for (where relevant) and the responsibilities of each of the parties. In ITIL SLM, the agreements between the internal IT service provider and the business customers that it supports are known as Service Level Agreements (SLAs) and it is through SLAs that SLM manages the relationship between itself and its customers. It would be hard to find IT services provided by IT giants like TCS, Infosys, Wipro etc., where they do not have any accepted/agreed upon SLAs with their customers. In order to be effective, the SLA must be a written document signed off by all parties affected by it. SLAs are important so they will rarely be agreed without negotiation between the IT service provider and the customer, beginning with a Statement of Intent that sets out the terms, conditions and targets to be agreed. It has to be in a language that both sides will understand, and this means in the language of the customer and not the technical language or jargon of the provider. The SLA defines (in language that has meaning to the customer) precisely what is to be delivered and when and where it is to be delivered. It also defines the standard of quality to be delivered, usually in terms of performance and availability. It will define the responsibilities of both the service provider and the customer. This is important. It makes little sense for a service provider to commit to deliver a service without making it clear what is expected of the customer. The SLA will include contact details, what should happen if something goes wrong, the way any disputes should be handled, any provisions for redress, the mechanism for getting the SLA changed if necessary and the period over which the agreement will stand unless otherwise changed by agreement. If the service is to be charged for, then the way charges are to be determined and the arrangements for invoicing should be included. Charges may also be included in a separate document, the Tariff, referenced in the SLA. It is common in IT for individual services to be shared by a number of customers, and individual customers will use a range of services. This means that there is a choice in designing SLAs: they can be customer-based, where an SLA covers a range of services delivered to a particular customer; or they can be service-based, where a common SLA covers all customers of a given service.


Related questions

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.,


Which is the Largest software service company in Asia?

TCS


What is the objectives of tcs company?

The objectives of the TCS company is to provide its customers with the very best service possible. The company also strives to maintain a high return for its shareholders.


What are the vision and goal of tcs?

TCS is a courier company. TCS states that their vision and goal is that "TCS will be recognized and respected as professional, innovative, profitable information, and knowledge based logistics/services enterprise."


Head of tcs?

TCS ("A Tranzum Enterprise") is a Pakistan based courier service. Its Founder and CEO is Khalid Awan. The company was started in 1983 and now it serves five continents and has over 2,000 locations in Pakistan. The company also has an airline for cargo purposes only which it uses at many of the airports in Pakistan.


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


Why people prefer tcs company?

TCS is a private company like Govt.


Which company have slogan Beyond the Obvious?

TCS


Is TCS a good company?

The worst politics and no respect to tech talents in TCS. Now you can decide if this is a good company.


When company started?

in 1968 tcs company was stared.


Who is the founder of tcs company?

The TCS Company was founded by J.R.D Tata. This company was founded in 1968 in the country of India and operates worldwide.


What is the first product of tcs?

punch cords to TISCO.