You can think of a service as a project or a workspace that contains all the necessary configurations and components required to automate a particular use case or a customer journey. 

Configurations include such things as the name of the service, a description, API key, your application URLs (to which platform events are posted) and the numbers, apps and integrations mapped to the service. 

A service can optionally include components such as rules, flows, events and templates.

A dashboard and reports specific to the service are available within the service workspace. 

For steps to create a Service, click here.

For more information on Service, refer the docs

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