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IoT Product Development Life Cycle: From Concept to Launch

June 7, 2023
9 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 main phases of the IoT life cycle?

The main stages of the IoT product development life cycle include:

Product concept and market definition — find an idea and determine the target market for your IoT solution
Research and prototype development — work on your product’s tech part and create prototypes
Regulatory checks — ensure compliance with regulatory standards and certifications, such as FCC, CE, and UL
Implementation — develop hardware, firmware, and software
Manufacturing — mass-produce your IoT product
Product launch — introduce your IoT product to the market
Ongoing support and maintenance — provide customer support, monitor performance, and continuously improve your product

What is the IoT life cycle?

The IoT development life cycle is the end-to-end process of delivering ready-made IoT solutions. It encompasses various stages, including idea generation, market research, prototyping, regulatory compliance, software and hardware development, manufacturing, product launch, and ongoing support and maintenance.

Why is regulatory compliance critical in the IoT development life cycle?

Regulatory compliance is crucial in the IoT product development cycle for several reasons:

Compliance with regulatory standards and certifications is often mandated by law of specific countries market
Regulatory standards ensure IoT products meet specified safety, quality, cyber security, and performance standards
Compliance helps build customer trust by demonstrating your commitment to delivering reliable solutions

How long does the IoT product development life cycle typically take?

The IoT development life cycle’s duration varies because of several factors. Those are IoT product complexity, the type of IoT solution, the scope of work, the availability of resources, and additional requirements. Simple projects may take several months, while complex may last for a year and more.

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