What are the advantages & disadvantages of joining product company over service company??

What are the advantages & disadvantages of joining product company over service company as a software engineer??

This similar discussion might help:
http://www.coderanch.com/t/472459/Jobs-Discussion/careers/Service-v-s-Product-company

Sagar Rohankar wrote:This similar discussion might help:
http://www.coderanch.com/t/472459/Jobs-Discussion/careers/Service-v-s-Product-company

Thank you Sagar.
This link has a fantastic discussion & helped me in taking the right decision as I was confused in, weather to join the product company or not

.

So what you decided then ?

Sagar Rohankar wrote:So what you decided then ?

I decided to join it as a product company

.
but still confused as it has a bond of 1 yr http://www.coderanch.com/t/484026/Jobs-Discussion/careers/your-help-joining-company.

Then Best Luck

Dear Javaranchers,

I have the following understanding of what is meant by a product company and a service company

** Product Company
An company that develops products focussing a particular industry, say for Eg. One of the areas, AutoDesk develops products are in the construction/civil work. Eg. Autocad, 3dsMax.

** Service Company
An IT company that develops products for a client, say for Eg. Infosys developing product for a pharmaceutical company.

Could anyone please comment if my understanding is correct? Please correct me, If I am wrong.

Kind regards,
Hardik Raja
SCJP 1.5

From my understanding every software is like a product. The difference between the way a company is operated is what that actually differentiates between a product and a services company.