IoT Software Development Company

We provide various IoT solution development services. Some of them are:

• Inventory And Asset Management Software Development
• Wearables App Development Services
• Warehouse Management Software Development

Yes. With in-depth expertise using managed cloud services, our specialists can integrate your devices and systems with secure and efficient cloud environments. We can even migrate whole data centers and legacy applications to the cloud.

Yes, as an IoT software development company, Relevant provides a wide range of services, including IoT software development consulting and business analysis. We can help you build a project roadmap, develop an effective strategy, and even help you fill your in-house team’s skill gap thanks to dedicated managers.

Yes. We work with many leading companies in the medical, retail, residential, and financial sectors, and we can provide IoT services to enterprises, startups, facilities, and even smart residential houses.

Depending on your IoT project’s complexity, Relevant can assemble a vetted team of software developers with the right tech stack in less than two weeks. As an experienced outsourcing provider, we have access to a pool of global talent that has high-grade coding skills and technical expertise.

We believe that any IoT product should adhere to these essential requirements:

• Stream processing to allow gathering data from multiple devices
• Top-grade device management and communication capabilities
• Secure data transfer between devices and the cloud
• Real-time data analytics

After gathering data through market research, tech analysis, and conducting meetings, choose the right company by considering the following factors:

• Deep tech expertise (IoT-focused). Pay attention to the expertise of your internet of things software development company. Choose one with profound experience in backend, frontend development, app development, and so on. Also, the company must have extensive cloud expertise. So they should be ready to answer the question, like AWS vs. Azure for IoT: which one is better?
• Solid IoT portfolio. The IoT software provider you pick must have an outstanding portfolio of similar successful projects. This has to be verified by client reviews and online platforms such as clutch.co. You can also get more info on LinkedIn and company websites.
• Strong security policy. Today, cybersecurity in IoT is a hot topic. According to statistics, 84% of businesses that have adopted IoT have suffered IoT-related security issues. Choose an IoT development company with a password security policy, and complies with regulations such as PCI DSS, ISO 9001:2015, ISO 27001:2013, and HIPAA. Also, ensure that the company performs internal and external audits to confirm compliance of its security standards.
• Communication style. You need an Internet of Things development company that keeps communication channels open. You must have periodic check-ins and updates from your partner. How is this important? Well, the project's budget, scope, and timeline may all change during the development process. It's best to stay in touch.
• Flexibility. The best IoT partner to work with is one who is flexible to make changes whenever you make the call. And they should be bold to point out issues that are not necessary to your project. It's usually difficult to know everything you need ahead of time, especially for a sophisticated IoT project. In agile methodology, it's encouraged to put off the decision-making process until the time is ripe. If you look closely, it makes sense to layout high-level goals and functionalities first, and discuss the intrinsic details during the development process. This prevents you from lowballing your estimates.
• Pricing. You should have a budget for your IoT project that includes the cost of development, support, maintenance, and updates. Pick an outsourcing company with rates that are within the range of your budget. In case that your budget is too low, remove specifications that you do not need. You can always add them later.
• English proficiency. When the project begins, you do not want to compromise progress because of poor communication. This can cost you both money and time. Choose an IoT development company with a project manager who is good at English, both spoken and written. If there is a barrier in communication, do not engage.
• QA culture. It's recommended to pick an IoT development partner that emphasizes product quality assurance. An effective team for automated testing and quality analysis should be available. This ensures that nothing is missed and there are higher chances of meeting project deadlines.
• Clients’ reviews. Though this can be tedious, look at the client's testimonials on the company's website. That way, you can get a sense of whether they can handle your project. If possible, find the contacts of the earlier clients and get direct feedback.

If you’re looking for a team of seasoned, vetted IoT developers at a reasonable price, we recommend working with a professional outsourcing company.

At Relevant, we put our candidates through multiple evaluation stages. As a result, you can be confident that only the best talent will work on your IoT product.

The internet of things is getting attention because it is boosting efficiency and productivity in all industry sectors. You've probably heard of some applications of IoT in finance or IoT in retail. Here is how:

Healthcare

IoT is allowing healthcare professionals to easily monitor patients, among other tasks. Examples of IoT in healthcare include:

• Glucose monitoring. IoT devices can continuously and automatically monitor glucose levels in diabetic patients. Now, patients do not have to struggle to manually check and record results time and again. This reduces the mortality of diabetic patients due to negligence.
• Heart-rate monitoring. Today, there are several wearable IoT devices for continuous cardiac monitoring. The accuracy of results ranges above 90%. It's believed that thousands of deaths related to heart problems can be prevented.
• Hand hygiene. Many hospitals now use IoT devices to remind people to wash their hands when they visit patients. The devices can even give instructions on how to clean effectively to minimize the spread of germs.

On the business side, health institutions benefit from lower care-related costs; for example through drug tracking; medical equipment and inventory tracking, etc. IoT devices are making it easier for healthcare professionals to gather data and make well-informed decisions.

Agriculture

According to Statista, the global agricultural IoT market might reach $30 billion by 2023. This rise is a result of the perks farmers get when using IoT technology. Here are a few examples of IoT in agriculture:

• Monitoring of climate conditions. Various sensors are installed throughout the field to collect data from the environment and upload it to the cloud. The measurements taken are used to map climate conditions and help decide which crops are suitable for farming. Examples of IoT devices used include Pycno, allMETEO, and Smart elements.
• Greenhouse automation. Today, most farmers manually control the greenhouse environment, but they rely on IoT sensors to get real-time and accurate information on certain conditions, e.g. the greenhouse temperature, humidity, lighting, and soil condition. An example of IoT devices used include the NCD IoT Wireless Sensors.

In addition to the above examples, farmers use IoT technology for cattle breeding, crop cultivation, farm management systems, and many more.

Manufacturing

According to reports, manufacturers believe that IoT boosts productivity by at least 12%. This is because IoT enables manufacturers to develop autonomous networks to streamline processes of manufacturing while keeping costs minimal. IoT reduces downtime, improves energy efficiency, allows forecasting and predictive maintenance, as well as promotes the production of high-quality products. Here is an elaboration of one of the examples:

• Forecasting and predictive maintenance. In factories, IoT devices such as sensors, ultrasonic microphones, current transformers, or accelerometers are installed in machines and vessels to collect data. This data can be supply voltage, operating temperature, vibration, current, etc. Maintenance teams will analyze this data using analytics software and machine learning algorithms to derive insights. Through this method, companies can move from calendar-based to condition-based maintenance. This allows them to prevent accidents or faults that are highly costly in advance.

Education

The internet of things (IoT) has been a boon for education, especially in the Covid-19 pandemic era. IoT-enabled connectivity made online courses a success, supplanting classrooms. Also, students had better communication channels, access to learning material and teachers could measure their learning progress in real-time.

Transportation

The transport industry is enjoying IoT benefits, notably in:

• Traffic congestion monitoring. IoT traffic management involves using IoT-enabled sensors, cameras, and drivers' phones to detect incidents and predict traffic patterns. Overall, this helps to minimize congestion.
• Telematics systems. IoT-enabled telematics software works with sensors on vehicles collecting real-time data about their driving conditions, behavior, and many more. This improves safety on the road.
• Toll & ticketing. Vehicles that are equipped with IoT connectivity can be detected a mile away from a tolling station. After being correctly identified, the barrier is automatically lifted for the vehicle to pass. This solves the problem of queues at tolling booths.

With the continuous growth of IoT in the transportation sector, it's believed that by 2023 70% of automobiles will be IoT-enabled!

IoT is growing at breakneck speeds, and company executives are enthusiastic about the numbers. In the manufacturing sector alone, the global market of IoT is valued at $165.27 billion in 2021. Analysts expect it to reach USD 350.51 billion before year-end, calculating a CAGR of 13.15%.

The Covid-19 pandemic also did not have adverse effects on the IoT market. Revenue growth is still huge despite the disruptions in global economics. The growth from $100 billion in 2017 to USD $350.51 billion in 2021 is a big leap. And the analysts predict that this figure will increase to around $1.6 trillion by 2025.

For the IoT market to continue growing, more emphasis should be placed on cloud and software tools. Also, there is a lot to benefit from the application of Artificial Intelligence (AI) and Machine Learning (ML) in IoT.

To tap into this lucrative market, hiring Relevant Software, an IoT development company, today is a great place to start.

There are several trends in the IoT sector you should know. They are as follows:

Security

According to a report published by The Business Research Company, the IoT security market might surpass USD $6.43 billion by 2025. The reason being, most companies are developing security-centric IoT mobile apps and improving technologies such as facial recognition, bio scanners, etc.

AI meets IoT

Through the application of AI and ML in IoT, companies are improving production procedures, thus minimizing deviations in manufacturing. This advancement produces optimum products with high performance at a lower cost and less waste.

Improved function of Data Analytics

IoT big data solutions help in effective business management. Businesses are going for AI-centric analytics solutions powered by Big Data and IoT devices to gather, analyze information in real-time, and derive insights. Most companies have realized this and are investing more in big data, one of the reasons why spending on big data is projected to reach $215,7 billion in 2021 globally.

Blockchain technology

Blockchain technology has become a convenient tool for ensuring data safety. It is one of the most revered IoT trends that solves IoT security and scalability challenges.

The financial and banking sector is among the many industries that have already embraced blockchain. As such, it shouldn't come as a surprise, its popularity in this sector is predicted to grow to a market size of $22.5 billion USD by 2026.

Upcoming IoT apps

IoT custom apps have become useful in smart grids, smart homes, smart cities, wearables, and many more. Already, over 60% of US cities are investing in smart city IoT technology, and the home IoT market is anticipated to reach $53.45 billion by 2022.

Edge computing

The adoption of edge computing is inevitable. Edge computing is the process whereby data computation is done near a particular source, reducing the need for processing at a remote center.

Edge computing will enable IoT devices to conquer the challenges of cloud computing, e.g. low latency and low bandwidth associated with real-time data processing. It is highly accurate and cost-effective. Here is an example of the application of edge computing in the manufacturing industry:

IoT app testing

With the rollout of 5G, app testers are ready to work with thousands of new IoT devices that will hit the market soon. These devices will be verified for performance, safety, compatibility, usefulness, and scalability.

There are many ways to make your IoT development project a success. One of the ways is to recruit an in-house development team to carry out the project. For this to work, you need to:

• Create a strategy
• Set up clear objectives
• Set up priorities, the list goes on

These steps seem easy at a glance, but they are toilsome on the ground! You may learn that the development process is technically intensive and requires a dedicated software development team.

This brings us to the other way of ensuring the success of your development project—outsourcing! Hiring an IoT development partner helps to minimize headaches associated with software development. Relevant is one such IoT app development company that you can rely on to deliver a functional and efficient IoT application.

Below are some of the reasons why outsourcing your IoT development is a great move.

Access to the top expertise

Outsourcing enables you to access experienced internet of things development specialists at a reasonable cost. Countries, such as Ukraine, are packed with world-class IoT development talents. Did you know that Ukrainian developers are ranked 5th among the best developers globally with a score index of 93.17%? That's right, once you engage with a reputable company in Ukraine, you can rest assured of high-quality products.

Risk reduction

When you outsource IoT development, you share risks with the outsourcing company. While the process of recruiting programmers is the vendor's responsibility, yours is to map out a comprehensive project scope. Both of you are responsible for the outcome of the project.

Ability to build/scale your team fast

Businesses that hire software development teams, as opposed to freelancers, enjoy more benefits. Dedicated teams come with expert developers and engineers who are vetted for their roles. Additionally, these teams have a strong bench workforce.

Bench refers to employees that are part of an organization but not actively working on any project. These are available to fill critical positions when the need arises.

Even without a bench workforce, the outsourcing company can swiftly hire IoT developers to scale up the development team. You can rest assured the IoT development project will be a success.

Focus on your core tasks

Some outsourcing companies provide a project manager. This individual runs the development processes, thus giving you room to focus on other business issues. You will have time to build procedures for your in-house team, as well as monitor processes outside your office.

Flexibility

If you outsource to a different country, you may have more flexibility. Imagine your remote team is in a country like Ukraine, and you are stationed in the US. The difference in your time zones will allow work to go for more than 8 hours a day.

When the outsourcing project team is resting during the night, your office team in your home country is awake and updating things. This is handy if you want to finish the project quickly.

Cost efficiency

According to Markgrowth, 46% of startup businesses fail because they run out of money. Outsourcing can help you save 60% of overhead costs, thus improving the chances of your business's success. How?

If you outsource to companies in countries such as Ukraine, you enjoy better rates. Developers and engineers in Ukraine are paid less relative to those in countries like the US. If the US rate is $80/hr, chances are, you will only pay $25 for a developer in Ukraine.

Shorter time to market

Considering the high competition in the IoT industry, the time taken to deliver a product is important. An outsourcing company allows you to go to the market faster due to the availability of experienced specialists. Also, you do not need to hire IoT developers and spend time training them to understand your domain.

When outsourcing, you need to pick the right IoT development partner, but that's no easy task! A lot of digging is required. The right IoT development firm should have a history of proven custom Internet of Things (IoT) solutions. Continue reading to learn how to find the best IoT development company.

Here are the initial things to do when looking for a perfect IoT software development company.

Market research

Conduct market research using all channels at your disposal. Some of the common channels include internet search and recommendations from acquaintances and friends. When seeking information from colleagues, only approach those who have worked directly with an IoT software solutions company before. Ask questions and know if they can recommend this firm.

When researching on the internet, type IoT mobile app development company in Google search. Several results will come up. Other than google search, use profile directories e.g., Goodfirms.co or Clutch.co. These platforms provide the company's craft, portfolios, and genuine customer reviews.

A third option in the phase of market research is to use social media networks such as LinkedIn.

As you do your search, create a long list of potential IoT development firms that you find. This can take several weeks, but it's worth it. Here is a list of parameters to look at as you compile your list.

• Portfolio and case studies. These reveal the experiences and expertise of a company. Read everything to understand the tasks and levels of the projects they worked on. If they have demos, critically analyze their usability, design, validation, etc.
• Development cost. To get the best company, you have to eliminate those that are three times cheaper than the most expensive. This minimizes the chances of you ending up with a poor-quality product.
• Participation in public activities. Your prospective IoT development company should take part in social initiatives. Find out if the company ever organized or participated in webinars, public lectures, forums, seminars, etc. This shows the openness and expertise of your potential IoT development partner.
• Blog and social media. Check their blogs and social media posts. This helps you to comprehend their level of IoT expertise. After reading a few blogs, you can learn about their current developments, successes, and position of the company.

Technical analysis

Get your technical consultant on staff to find out the technologies (frameworks, programming languages, cloud technologies, databases) they are using. Also, pay attention to their project management systems and tools. You can contact them to walk you through their development processes.

Meeting

After conducting a technical analysis, you should have 5-10 potential candidates left on your list. Prepare to meet these candidates in person. In the meetings, learn about their developments, privacy policy, rates, and give a proposal. Assess their willingness to work on your project.

After every meeting, conduct reviews to help you choose the best company.

Finding a vendor that provides the best IoT application development services is difficult because there are hundreds of competitive IoT companies/ developers out there. Each of these companies believes they are ready to offer professional services. Also, they all promise amazing outcomes in no time, which can confuse prospective clients.

Since everyone is marketing themselves too well, customers have to be more diligent in finding the right company with experience and expert internet of things knowledge.

Among the top IoT development companies out there, Relevant Software makes the best IoT development partner. We have profound expertise and experience in IoT software development. Through our dedicated team of engineers and developers, we are ready to provide you with the following IoT software development services:

• Data collection and management
• IoT app development
• Back-end infrastructure and integration

Our other services include:

• Product development
• SaaS development
• Web development
• AI&ML
• Mobile development
• Digital design
• Quality assurance
• Cybersecurity
• DevOps

Our clients include IoT companies from around the globe, including:

• Sensor Innovation — a company that combines data from sensor hardware with software to update users on issues (e.g., water leaks) at residential and industrial sites. The company also accounts for the impact of the weather on data produced by sensors. For this client, we created an IoT solution that opened up new opportunities for the company's marketing, analysis, and growth. Particularly, our team developed an advanced IoT dashboard (you can read our case study here).
• Another successful case is our collaboration with Airthings — a company that manufactures indoor radon monitoring products. Our team helped them develop a solution that allows monitoring the spread of their devices, attracting more users because of the convenience of the dashboard, and detecting potential new markets.

Yes. Relevant offers end-to-end IoT software development services. Our dev teams can build your mobile and web apps from the ground up. We will guide you through all development stages: from ideation, POC and MVP, to product delivery and support.