How to Choose The Best IoT Development Company?

“If you think the Internet has changed your life, think again. The Internet of Things is about to change it all over again.”- said Brendan O’Brien.

If you look back at the history of IoT, you will realize that it has been around for a lot shorter than you might think. While the term was coined in 1999 by Kevin Ashton, MIT's Executive Director of Auto-ID Labs, it only started to gain traction a decade ago in the 2010s. Today, it has burst into a market that averaged total spending of $123 billion in 2021 alone by homeowners, which will expand to $175 billion by 2025.

For businesses that can benefit a lot more, the total spending on IoT is projected at $1.1 trillion by 2023. Of course, this begs what it is and why exactly it is booming at such a staggering rate of 22% CAGR. That being said, businesses have long been using it before it became famous and are now expanding to industries that were previously manual labor-intensive. So, if you want to find out how to get on the IoT development bandwagon, then here is how to do it! Keep reading!

What are IoT and its benefits?

In crude terms, the Internet of Things is a network of physical objects that can interact through sensors, software, and other technologies for connection and exchanging data. So, to put it into perspective, if you have a couple of Amazon devices at home that can be controlled through Alexa, then all of these devices are running on a network that allows them to interact with each other which forms the IoT.

While it presents a unique proposition for homeowners, businesses can get a lot of use for IoT development. There are several benefits of IoT for enterprises. They are:

●????Reduction of costs

●????Increasing efficiency and productivity

●????Various business opportunities

●????Providing excellent service to customers

●????Flexibility and agility

●????Resource and asset optimization

●????Improved safety at work

●????Business development and marketing that is comprehensive

●????Developing a more trustworthy image of the company

How is IoT being deployed in various industries?

Now that you know what it is and its benefits, you might be intrigued to see which industries use IoT regularly and how they achieve success through it. Some of the significant industries that IoT uses are:

●????Agriculture

Today, IoT is being used in agricultural drones for crop dusting, an inspection of crops, greenhouse automation, and monitoring climate conditions. Additionally, it has helped with livestock tracking through their neck or ear braces while increasing control over the internal processes and minimizing the production risk.

●????Energy

In the energy industry, IoT has already been making big waves. With almost 47% of executives in the energy sector saying that they have implemented IoT, it has proven impactful in Remote assets monitoring and management, Grid balancing, Load forecasting, and making smart decisions.

●????Home Automation

Every device we use has a smart version nowadays, ranging from our watches to our televisions. When you connect them to the network, home automation allows you to access and control all your devices from anywhere as long as you are on the same network.

●????Healthcare

IoT is being used to track patient records, treatment, and medical history effectively in the healthcare industry. Furthermore, it can help plan their care more efficiently with informed data reports and analytics that the devices can generate.

●????Manufacturing

Large-scale manufacturing machines can automatically operate on the same network. It allows them to track the progress of the part production in real-time. This directly results in cost savings, reduction in waste production, and minimizing unnecessary work.

What to look for in an IoT Development company?

Given the industries that IoT Development can impact, you might be very interested in implementing it for your business. A quick search online will expose you to at least 20 IoT development companies in your area which seem like they mean business. However, what are the things you should look out for before choosing one? They are:

●????Portfolio

The portfolio of any IoT company should show you what companies they have worked with, the project scope, and what they did for the client. Furthermore, it should also give you an idea if they will be able to deliver on your requirement. Finally, it should also help you understand where the company handled the end-to-end development and where they stepped in just to complete an ongoing project without hardware handling.

●????Technological Know-How

Now that you are aware of their portfolio, you would like to know what is their technological acumen. This should give you an idea about what services they provide and answer in part about what services and technologies you might need for your project. You can also make notes about some of the other technologies they offer and research them online. During your interaction, you can ask them to explain how they use it in their projects. All of this will give you an idea about how well they know the tools of their trade.

●????Development Costs

If you are satisfied with their portfolio and technological know-how, you might reach out to them with your requirements for your project. In this aspect, you can always conduct online research to find out the ballpark price of completing your project. Once you receive a quotation, check whether the price they are quoting is within your budget and market standards or above it. If it is above it, ask them if it is negotiable and what they deliver at that price. For example, is it just the services or the full scope of pre and post-development support?

●????Past Customer Feedback and Reviews

If you're happy with the quote, you can ask them for a few references from their past clients. They will give you a few of their best ones. Also, look out for public forums, review boards, and other ways they have been mentioned. This should give you an idea of the company when you work with them.

●????Project Delivery

After picking this company, it's time to think about the scope of project delivery. This should involve fixing a timeline between you and the IoT development company about how long they will take to deliver the project, what technologies they will utilize, and how they adapt to your requirements. There should also be a clause about the deliverables and contingencies in the project delivery contract.

●????Post Delivery Support

Every good IoT Development company offers post-project delivery support for its clients. It is often a part of the contract agreement; however, in some cases, it is also based on a handshake agreement. Always make sure that the IoT Development company is willing to provide training to your in-house developers on using the new technology. Furthermore, they should be ready to offer maintenance services for that project for at least six months post-delivery.

Conclusion: Who is the best IoT Development Company in India?

In the connected world of tomorrow, you need a company that will not only deliver what you want and goes the extra mile to ensure that you have a delightful experience with them throughout the entirety of the project. While there are many out there that can offer you that, there are none that can provide you as Etelligens does.

With their long-standing tradition of 200+ happy clients globally who have used many of their services, Etelligens ensures that the client’s needs are met to the fullest. Also, they will provide you with end-to-end support from ideation to post-delivery. So, if you want the best out there, Etelligens is waiting for your call.