full image - Repost: Is it ever possible to switch from service-based IT companies like TCS and Infosys to product giants like Microsoft, Google, and Flipkart? (from Reddit.com, Is it ever possible to switch from service-based IT companies like TCS and Infosys to product giants like Microsoft, Google, and Flipkart?)
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After graduating, the majority of software engineers in India work for service-based businesses. While working for a service-based business has nothing inherently wrong with it, many people desire to move to a product-based business for the majority of the following reasons:· Significantly higher pay· Superior work· Greater ownershipLet's use the example of the pay gap between service-based and product-based businesses. While most product-based companies easily pay double of that, freshers at service-based companies typically make between 3-5L per year. Top startups and large tech product-based companies pay 4-5 times as much. It goes without saying that the majority of engineers aspire to work for product-based businesses.But getting there is not simple. It is also not particularly challenging. It necessitates extensive effort and a different kind of preparation. If done consistently, the right amount of hard work in the right direction can make it simple to accomplish that.Now before moving further in how to prepare for product-based companies lets first discuss briefly on service based and product based companies individually and their differences.WHAT IS SERVICE-BASED COMPANY?Service-based companies primarily offer services to already-running applications. Typically, other companies serve as their clients. They provide services such as· Services for Software Development· Maintenance· Consulting· Management of Business PerformanceWHAT IS PRODUCT-BASED COMPANY?Product-based companies develop new products in relation to their specialized industries. Like Apple Inc., which produces goods like the iPhone, MacBook, and iPod or GitHub, Xbox of Microsoft. Then, they periodically upgrade their products to improve their performance. Their customers are typically other teams within the same organization.https://ift.tt/le9nigM BETWEEN SERVICE-BASED AND PRODUCT-BASED COMPANIES?Product-based companies make their own product.Service-based companies help other companies to sell their product through their services.Product-based companies hire selectively and take a few candidates for different roles from the lot. They don’t usually conduct placement in Tier 3 colleges.Service-based companies are into mass recruitment and hire in masses through on-campus placement.Product companies typically offer competitive salaries. Many of the world’s highest-paying companies for software engineering talent are product-based companies like MAANG and other Tier-1 tech companies. Freshers at product-based companies are mostly paid 10-14L per year.Service-based companies don’t really provide a big PayScale compared to product-based companies. The pay is quite low compared to market standards. Even the annual hike is negligible. Freshers at service-based companies are mostly paid 3-5L per year.The interview rounds are quite rigorous in product-based.It’s easy to pass interview rounds in service-based companies.TOP PRODUCT-BASED COMPANIES IN THE WORLDAmazonAmazon is a product-based firm, not just a service-based one. It develops its software and goods. Initially, it started as an e-commerce firm but developed into a tech company that has branched out into various other sectors, including but not limited to streaming (Amazon Prime), cloud computing (AWS), etc.Meta (Facebook)Minimum viable products (MVPs) are critical in software development. Meta started with Facebook for social media networking and now has Instagram and Whatsapp. They acquired Oculus for the development of Virtual Reality based content.GoogleSearch engine giant Google dominates in various areas of technologies with several innovative products. Their flagship Google Suite is bundled with many Google products for office, communications, and digital marketing, such as Gmail, Google Meet, Drive, Google Tag Manager and more. With proper preparations, any professional can enter Google.MicrosoftMicrosoft is one of the world’s biggest software corporations, best known for its Windows operating systems, Office suite, and Internet Explorer (now Edge) web browser. It owns social networking sites like LinkedIn, which millions of professionals use to network, and its Xbox game consoles continue to sell in record numbers. Customers include individuals, small enterprises, and some of the world’s biggest corporations.CISCOIn addition to IoT devices, CISCO specializes in energy management and domain security. It has workers throughout the world.https://ift.tt/6N5VjX8 TO PRODUCT BASEDCreating modules that have been assigned to you while working alone. Positions based on products require independence. As a result, you will frequently be required to take time off early and finish assignments well before the due date. If you enjoy working independently, a product-based job is perfect for you.Here are few steps to excel in a product-based career:Learn data structures and algorithms. You must be knowledgeable about both if you want to work for a company that focuses on products. If you comprehend algorithms, you can build scalable products. It's a great way to make a lot of money to solve a problem for a lot of people. Engineers who are knowledgeable about data structures and algorithms are employed by successful product-based businesses.Gain a firm grasp of theoretical concepts. Make sure you understand theoretical concepts well while studying. It is impossible to overstate the significance of computer networks, operating systems, database management, and system architecture. Some businesses may require you to demonstrate your mastery during MCQs or a viva interview round when hiring. Prepare by reading up on the subject and outlining the most important inquiries.Prepare yourself for technical interviews. Most product-based organizations conduct interviews using data structures and algorithms (DSA). Your ability to think logically and solve problems will be put to the test in this highly technical interview. It's unlikely that a product-based organization would hire you if you don't have a strong understanding of DSA. Additionally, you will be questioned regarding relevant technical knowledge and experiences. The interviewers might inquire informally about your earlier work by asking a few technical questions.Get upskilled with online courses. In a business that produces products, you will create new ones, improve on existing ones, or update them. Usually, candidates for these positions are chosen after passing aptitude and crucial coding tests. To determine whether you are a good fit for the organization, they ask you to attend an interview. To excel in these interviews, you must learn problem solving skills and system design skills. There are a lot of online websites which coach candidates to excel in these interviews. Few of the best websites include- Logicmojo, Coursera, Edx etc. Websites like Logicmojo not only teach DSA they provide mentorship for every stage of interview such as System design round, behavioral round, mock interviews, resume building, projects, contest and job referrals for subscribers.- Books are great resources too. Some of the best books include Cracking the coding interview, Introduction to Algorithms.- Few more websites which are important in your journey are – LeetCode, Codeforces and GeeksForGeeks.Once you've met these requirements, you'll be close to joining the company.INTERVIEW STAGES FOR SDE-1 ROLES AT PRODUCT-BASED COMPANIESResume ShortlistingFor most job openings, 100s to 1000s of applications are submitted. The majority of applicants cannot be interviewed by the company. Recruiters and hiring managers only shortlist resumes that stand out or closely match the job roles in order to reduce the number of interviews. At this point, most applicants are turned down.So, improve your resume by gaining an internship, doing multiple projects, take part in contests or challenges and rank well there to include them in your resume.If you have done decent projects, have created a good resume, and applied for the correct role, you should be able to get through.Exploratory CallIn this stage, discussing prior experience and present expectations with a recruiter is typical. This round should be relatively simple to pass if you have done good development work, either on the job or through self-projects, and have sufficiently researched the company and the roles before the call.Machine Coding Round/LLD/Take-Home AssignmentUber, Flipkart, Swiggy, Udaan, and other companies have started hiring through the machine coding round as the initial round. Your coding and elementary design skills will be tested in this round. It requires you to use best coding practices, particularly object-oriented programming, to design and create a solution to a generic problem. In this stage, the majority of candidates are dismissed.Data structure and algorithm interviews are the main method of hiring used by the majority of product-based companies. The main goal of this interview is to assess your ability to solve logical problems by choosing the appropriate data structures and algorithms. Without being competent at DSA, it is extremely unlikely to be accepted into a product-based company.Problem-Solving, Data Structures and Algorithms Round/Online Coding RoundIn most cases, this is the last round. A combination of technical and non-technical competencies are used to evaluate you. Good projects and effectively communicating your experience may help you get through this round with ease. Before this round, make sure you have done enough research on the role. You might be asked puzzles, basic DSA questions, SQL queries, basic OOP, and other theoretical concepts in addition to the in-depth discussion of your projects.In most cases, this is the last round. A combination of technical and non-technical competencies are used to evaluate you. Good projects and effectively communicating your experience may help you get through this round with ease. Before this round, make sure you have done enough research on the role. You might be asked puzzles, basic DSA questions, SQL queries, basic OOP, and other theoretical concepts in addition to the in-depth discussion of your projects.TIPSProduct-based companies are very difficult to get interview requests from, and applying through job portals may feel like stepping into a black hole. So it would be wise to start networking, find any long-lost friends, and ask them for recommendations. Start stalking people on LinkedIn instead of Facebook. Find recruiters' profiles by searching.Keep trying to transition into a development project if you're currently working on a support project for your company. And begin working on some incredible side projects that might help you get hired by your ideal project-based business.Surround yourself with people having the same goal. It could help you remain consistent and help in your interview preparation.FINAL THOUGHTSWorking for one of these firms might be your ideal job if you're a dedicated programmer and are familiar with the benefits, money, and reputation provided by product-based organizations. Finding a job at one of these businesses will be as easy as taking the appropriate steps, reading some helpful materials, and working hard to improve your skills in the areas that product-based organizations value.Thanks for reading, I hope this helps.
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