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9 Steps of IoT Device Development

March 14, 2024
20 minutes to read

Written by:

Kostiantyn Oliynyk

Kostiantyn Oliynyk

Head of IoT at Webbylab

Kostiantyn started his career in IT at Webbylab, where he quickly grew from the position of a tester to the role of a manager and business analyst. When the company’s management decided to develop the IoT direction, Kostia became one of its key figures.

FAQ
What are the hardware requirements for IoT?

The IoT hardware development requirements concern security, connectivity, power, physical device design, data processing and storage, and cost.

What are the challenges of IoT device development?

The IoT product development is facing two basic categories of challenges:

  • Technological: issues with connectivity, security, standardization, smart data analysis, and compatibility.
  • Business: an emerging demand in large-scale manufacturing, simplified usability, device compatibility, software maintenance, etc.
How to reduce the cost of building an IoT device?

According to our experience in IoT product development, the customization of pre-made and test-proven solutions is always cheaper and more effective than development from scratch.

How to choose IoT hardware development vendors?

Once you’ve decided to hire IoT hardware experts for your project, selecting the best contractors will require three basic stages:

  • Market research, covering various aspects of the potential vendors, from their services to the minimal project costs and expertise within a particular industry;
  • Technical analysis, during which you check the tech stack and equipment the company offers, research their development methodologies;
  • Meeting to discuss all technical and organizational aspects. After that, you can make a final decision.

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